im planning on trading my 2006 tsx with 15,000 miles with navi, that has been in an minor accident on the driver side door and rear driver side door. no frame damage. I know it is not going to get excelent kbb value cause of the accident. but i dont know how much i should expect for the tsx. i have about 19,200 left to pay off the car. And one dealer is offering me to take the car off my hands with an extra $1,300 for the don payment for the 2007 mdx i am buying from them.

does $20,500 for a 06 tsx sound alright? with my circumstances? remember that everything eles with the car is spotless. i mean the interior is pristine. just the minor accident with the 2 doors.

 

Where are you located? Geography has an impact on value.

If you could get $20,500 from a dealer, I think both parties would be happy. You may be able to squeeze a bit more out but in the end, you're free and clear of your car and you've got some cash left over. And remember that when you push your luck on a trade-in figure, that money's just going to get tacked on somewhere else in the deal for your new car. $20,500 should be attainable at any dealership with minimal haggling.

Your car wouldn't have gotten an Excellent rating from KBB anyway, FYI. Close if it's really as pristine as you say it is, but an "excellent" used car is basically a garaged weekend fling, along the lines of a spotless 2006 Porsche Boxster with 3,000 miles on it. If it looks like you drove it daily- even for a year- it won't be considered "excellent" condition.

 

bay area northern california

 

yea i understand what your saying but other than the accident the car is litterally pristine, its not even funny.

 

KBB doesnt mean shit to a dealership. Dealerships here on the east coast use Galves. I have a galves account and according to them you car is worth

21825-22325

The first number being the wholesale number the car is going for at auction that would require some work to get it retail ready and the second number being a retail ready car. DO NOT expect them to go over the 2nd number.

There 20500 sounds a bit low.

 

If the accident shows on carfax, you're going to have a hell of a time getting too much more than that 20,500.... about 6 months ago I traded an '05 TSX with an accident showing on Carfax, and like yours, my car was literally pristine otherwise. I had a hard time getting much more than 19k (KBB in "good" condition was around 20,700 )

 

I have a couple things to add. First if you sell it to a private party you will get more for it and second dealers usually do not look to see if your car was in an accident. I had a friend who was an internet manager at a Toyota dealership and they usually did not look up to see if a car that was being traded has been in an accident.
So if the accident you had was truly minor, I would not even bring it up.
I just sold a car that was in a accident and the party that bought it did not care. They had it checked out by a family member who was a mechanic.
Dont let a dealer low ball you for your 2006.

 

1. If you sell it private party and divulge the accident, it will be harder to sell. Dealers will not refuse your car due to an accident... but many private buyers will. Of course, if you don't divulge the accident, then yes, you'd probably get more. Just be prepared to deal with all the BS that comes with private party selling, and don't forget to dump that cash back into the new car you buy as the down payment to save on the taxes.

2. I know the OP said he lives in Cali, but every dealer I've worked with on the east coast for the past 3 years runs a Carfax on vehicles before taking them in. So I'm going to have to disagree with the statement about dealers not looking to see if the car was in an accident. That's on top of the fact that when a U/C Manager gives your car the once over, evidence of an accident is precisely what he's looking for.


Pollofrito: west coast doesn't use Galves... if I recall correctly they're a KBB/Black Book crowd... but for some reason they take those values and then undercut them, instead of going straight by book value like we do on the east with Galves... so the numbers still work out ok because they have a higher book and undercut the number. $20,500 should be doable without any headache... more than that and it will take some grinding and the OP should also keep an eye out for changes in the figures on his new car.