jinxz0r

I Have A '00 Honda Civic 4dr Ex, 40000 Miles Old In Good Condition W/ Some Mods Like Greddy Catback Exhaust, S7 Gauge, Aem Sri, New Brakes And Suspension W/ 17 In Wheels,etc...100% Rice.
Anyway My Question Is Should I Tell The Acura Salesman That I Have A Trade In? I Tried To Sell It In A Honda Dealer Today But Offer Me 6.5-7g Only, And I Feel Its Low For What I Want [10g Obo]. You Think Acura Will Be Better Since Im Getting The '06 Tsx With Them.
I Cant Wait To Get The Tsx Although Why??? We Always Have To Wait For The Color [cgp/navi/qtz] That We Want..its Like A 1-2 Months.

curls

What I Want To Know Is How Long It Takes To Type When Capitalizing The First Letter Of Every Word.

For trade-ins, mods (esp. rice) are not attractive to the dealers, as it is a sign the car has been abused. You might be better-off returning it to stock form and selling the aftermarket stuff separately.

Also, trade-ins are never "great" deals from a cash perspective, because in the end, the dealer has to turn that trade-in around for a profit. Maybe selling the car privately would be better for you?

The two advantages of trading-in to the dealer you are leasing/buying a car from is this: 1. Easy. It's easier than trying to sell it privately, etc... (less hassle, normally). 2: Tax savings (in most provinces/states, the price of the trade-in is taken as some sort of tax savings on the price of the newly leased pr purchased car. ie: New car: $30,000. Trade-in: $8,000. You only pay tax on the difference ($22,000).

jinxz0r

Trying To Put The Oem Back Would Be Too Much Of A Cost For Me And Ive Been Thinking About Selling It By Myself..this Car Has Been Long Paid Off.

mikels

I sold new cars for a few years and can tell you that you will lose!! A dealer wants to make money on the front of the deal or the back of the deal, meaning the price of the new car, getting the trade cheap and financing you and making a point or two on the financing. Best case is to sell your car yourself, procure your own financing and beat them up on the price of the new car, they will try to sell you every aftermarket option in the world...dont buy them !! Do your price shopping on the phone and know what you want !! We just got my wifes TSX for 28,200 plus ttl , I could have done better but we wanted it quick and did'nt feel like waiting, we also wanted the most sought after color combo with nav. feel free to ask me anything about buying a car...I know all the tricks.

GIBSON6594

I wouldn't expect 10 for that car, you're lucky if you get 8

Beoshingus

Sell the car outright. Some kid out there will really want that car. Low miles, too. Trying to trade it in is a recipe for losing money big time. Shouldn't take you long to sell it outright if you list it in Autotrader.

List it for $9900 and deal from there.

jinxz0r

Now If I Sell It Privately, Advertisement Is Very Important.. Ill Research Places Like Autotrader,etc....any More Advice On Selling Private??

joerockt

I've sold three cars in the past few years in Autotrader in just over a month. Do it.

And turn the damn CAPS LOCK off...

Dirk Diggs

Dealerships will be hesitant to take in anything on trades that has mods which nullify any type of warranty (factory or extended).

In addition, your mods do not add value to a dealership, even if the vehicle still falls under warranty guidelines. They will give you the market value of the vehicle without mods.

Sell it privately. Noone can sell your car better than you. You know what it has, what it has been through, and what it is capable of. Take advantage of this knowledge, and sell privately. A dealership will never be able to give you PRIVATE SALE money for your car.

The only major advantage of trading in a vehicle is tax savings off of the cash difference price.

Diggs

ckiggins314

I received a trade-in quote for my 2002 RSX today from an Acura dealer in MO that said:

"It looks like we can trade with you for about $15,677.00 plus our administrative fee of $299.95 Please let me know what you are thinking."

That's a good number, but what is this 'admin fee'?

He asked what I was thinking, so I emailed him back asking what HE was thinking trying to charge a $300 "admin fee."

joerockt

Only on the parts modified.

jinxz0r

i have 1 dealer said that the numbers will change if there is a trade in. im now thinking sell it later or let it rot in my garage...lol.

joerockt

Wow, that sounds like a great offer even with the admin fee. How many miles? Type S?

On a plain 2002 with 48K miles, Kbb shows 11,000 on a trade in..

ckiggins314

It's a base 2002 with 29,500 miles. Perfect condition except for a 2-2.5" long scratch on the rear bumper cover that goes down to the bare plastic.

Note that he gave me that quote sight unseen, as well. He is in KC and I am in St. louis.

If he would give me that for my trade PLUS do a $28-$28.2K for a TSX w/navi I'd be all over it.

jinxz0r

speaking of kbb, will dealers pay the same amount of what it says?

Brandon24pdx

dont be lazy. sell the car yourself and make a couple extra grand.

If its paid off and you hold the title, thats about as simple as selling a car gets.

Dirk Diggs

Dealers use Black Book, not KBB.

KBB is a good guide, but it doesn't accurately reflect the current market on given vehicles. Dealerships use the Black Book (a new one comes out twice a month, I think).

Diggs

jinxz0r

what will be the black book value of my car?

Dirk Diggs

The owners keep those things with them...and I'm not about to go in there and ask to see one.

They'll beat my ass if I do.

Diggs

jinxz0r

autotrader charge me $45 for 12 weeks in the net and local magazine. sams club for $15 just for its members

joerockt

Dont know what Autotrader your looking at, but the one I used, Autotrader.com, is $49 and it runs till it sells.

https://paa.services.traderpub.com/p...syc/?zip=92592

And who looks to Sams club when they want to buy a used car?? You'll get a lot more exposure with Autotrader.

jinxz0r

tell me joe on your experience, what should you do if someone is interested in your car?

joerockt

Ummm, sell it to them Most people pretty much know the car they want before they come to you. So, its just a matter of price and if the car your selling is in good enough shape for them. If you've taken care of the car, then its usually a pretty easy transaction.

ckiggins314

So what's your opinion on this? I told him about the bumper scratch when he asked for info to develop a trade-in offer, so there was full disclosure.

KC is a 4-hour drive from here...that could be worth it, but I don't want to end up at the dealership and then have them say "oh, now that we see the car up close we're knocking a ton of $$ off." That's an awfully long drive to waste my time.

joerockt

Maybe take a bunch of pics and send it to him. Gotta get him to commit to a signed offer somehow, otherwise I would guess you're going to be really dissapointed after that 4 hour drive.

Either this, or just sell it yourself, which is the route I would go.

gt0279a

My Acura dealer used KBB, but then they take that number and try to subtract their costs (i.e. cleaning it, etc)

ckiggins314

I would like to sell it myself, but there's an outstanding balance, the title is in California, etc. Actually *selling* it is not the problem, it's completing the sale that I'm confused about. (I need the cash to pay off the loan, but someone's not just going to give me money without having a title). Any suggestions there? Do you use an escrow account or something?

joerockt

The last car I sold was still financed. What I did was I told the buyer to make a cashiers check for the amount I sold it to him for, but make it out to my bank, not me. This way, the buyer knows it will go straight to the bank. I called my bank, told them the situation since the amount was a bit higher then what I owed, and they cut me a check for the dif.

At that point, you can just tell the bank to either send you the pink slip, which will take 2 weeks (if the buyer will accept) OR, you can have them send you a 227 form, which they send to you next day, you fill out and sign and give to the buyer so they can register it at the DMV. HOWEVER, this method may only apply to California. Not sure if you can do this where you live.

Edit: We're kinda hijacking this thread, we probably should continue in PM if you have more questions...

jinxz0r

grrr...np

ckiggins314

Actually to follow up from yesterday, it appears I misunderstood. He wasn't offering me $15,567 for the RSX, he was saying that would be the NET between the two cars (see below).

"We are thinking $28,977.00 for the TSX with Navigation. Then $13,300.00 for your RSX which make the difference between the two cars $15,677.00 plus our administrative fee of $299.95."

I originally went to him with $28,200 and he came back with $28,977.

waTSX

Were these cars modded in any way? Just wondering how mods like CAI, headers, etc affect the resale value. I'm considering these mods and potential resale issues is holding me back a bit. Hondata is one thing, because it can't be seen.

waTSX

Which can be substantial.

jinxz0r

Update...i Got My Car Finally....cgp W/ Navi Quartz...