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Old 25 Mar 2008, 11:46 am
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Default How much would a 1998 Honda Accord be worth trading it in for a newer one?

How much would a 1998 Honda Accord be worth trading it in for a newer one?
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Old 25 Mar 2008, 12:01 pm
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it really depends on may factors:A ConditionB MileageC Model DX, LX EXModel 2 door or 4 doorBest thing is do online research where you input that data and compare what are they really selling for in the market. Remember Honda's are in demand because they are gas savers.Hope this helps.
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Old 25 Mar 2008, 12:16 pm
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it's almost always a better idea to sell your car privately then to trade it in to a dealer.
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Old 25 Mar 2008, 12:25 pm
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Default Re: How much would a 1998 Honda Accord be worth trading it in for a newer one?

kbb.com or edmunds.com ftw
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Old 25 Mar 2008, 12:31 pm
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I work for a Honda dealer in Palmdale, Ca, and the last guy is right. As far as the dealer is concerned, it's an old, high mileage piece that he's going to send to the wholesale auction...........To you it's been a great car that has been a faithful friend for all these years. You love the car... the dealer doesn't. Personally, I never trade my cars in. I can usually get from $2k-$5k more getting them detailed out(under $100 but will pay you back hundreds, if not thousands) and selling it on my own. Get it buffed if the paint is faded, pressure wash under the hood/car, shampoo the carpets or get a detailer to do the whole 9-yards on the inside. Have the car smogged (good for 90 days in Ca.) and make it look like the dealers do. It will get you top dollar.The only exception is if you can't, or don't want to mess with all of this. Elderly, single females and the inexperienced may not want strangers coming to their home, having their phone #, etc. In that case, do some homework and don't be surprised if they hit you thousands less than the book says it's worth. They don't know what it will fetch at auction and the wholeseller that buys it wants to be in it below wholesale book value so he can spend the money on it to make it ready to sell. And sometimes he loses his ass cause it had a major problem he didn't catch at auction.When I sell it myself, and after getting it all spiffed up, I always list it for over what the retail book says on KBB.com. Note I said retail. That's what the dealer would sell it for, not private party value. If KBB says $8k, I'd list it for $10k. They are gonna beat you down on the price anyway... but they just talked you into $8700 instead of $6800. Just make sure it looks like it's worth what you are asking.If it looks like a million bucks and smells good inside, somebody will step up to the plate and pay good money for it. Hell, it's a Honda and, if maintained well, is good for 300-400k mi. A Honda with 100k mi on it is just barely broke in!Besides, don't you want to have a smaller payment? Of course you do, and selling it yourself will put a hefty down in your pocket and keep the payments in line.
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Old 25 Mar 2008, 12:46 pm
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when i went to trade in my honda. they said it rlly depends on the MPG now becaue of gas prices
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Old 26 Mar 2008, 10:45 am
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Default Re: How much would a 1998 Honda Accord be worth trading it in for a newer one?

Quote:
Originally Posted by cm22454 View Post
I work for a Honda dealer in Palmdale, Ca, and the last guy is right. As far as the dealer is concerned, it's an old, high mileage piece that he's going to send to the wholesale auction...........To you it's been a great car that has been a faithful friend for all these years. You love the car... the dealer doesn't. Personally, I never trade my cars in. I can usually get from $2k-$5k more getting them detailed out(under $100 but will pay you back hundreds, if not thousands) and selling it on my own. Get it buffed if the paint is faded, pressure wash under the hood/car, shampoo the carpets or get a detailer to do the whole 9-yards on the inside. Have the car smogged (good for 90 days in Ca.) and make it look like the dealers do. It will get you top dollar.The only exception is if you can't, or don't want to mess with all of this. Elderly, single females and the inexperienced may not want strangers coming to their home, having their phone #, etc. In that case, do some homework and don't be surprised if they hit you thousands less than the book says it's worth. They don't know what it will fetch at auction and the wholeseller that buys it wants to be in it below wholesale book value so he can spend the money on it to make it ready to sell. And sometimes he loses his ass cause it had a major problem he didn't catch at auction.When I sell it myself, and after getting it all spiffed up, I always list it for over what the retail book says on KBB.com. Note I said retail. That's what the dealer would sell it for, not private party value. If KBB says $8k, I'd list it for $10k. They are gonna beat you down on the price anyway... but they just talked you into $8700 instead of $6800. Just make sure it looks like it's worth what you are asking.If it looks like a million bucks and smells good inside, somebody will step up to the plate and pay good money for it. Hell, it's a Honda and, if maintained well, is good for 300-400k mi. A Honda with 100k mi on it is just barely broke in!Besides, don't you want to have a smaller payment? Of course you do, and selling it yourself will put a hefty down in your pocket and keep the payments in line.
Good advice here. It amazes me to see people selling dirty cars!
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