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Old 08-08-2006, 07:16 AM
kenny kenny is offline
Ridiculously Active Enthusiast
 
Hybrids: 2006 Honda Civic Hybrid
Posts: 1,108
Default Re: What's it worth? (04 HCH 35k mi)

Kelly Blue Book www.kbb.com will tell you three prices.

Trade in (Lowest price)
Private party (Middle price)
Retail (what a dealer would sell it for - Highest price)

Also you enter your zip code so it already takes into account supply and demand in your area when calculating a price.

I bought a 2004 HCH CVT in California for $2000 under MSRP, or $19,300.
I sold it recently, with 22,000 miles on it, to a private party for exactly what KBB said it was worth in my Southern Califoria zip code, $21,000.

So I made $1,700 profit and got a free car for two years, that averaged 60.1 MPG.
Then I bought my 2006 HCH2 for $1000 below list and get $2,100 back with the tax deduction.
So this new car was better than free.

I love this.

BTW dealers are not charities.
They are businesses.
Of course they resell your trade in for more than they gave you for it.
Nothing wrong with that.

.

Need fewer troops to support.
Drive a hybrid.
Best tank 71.65 MPG.

Before this car I spent two years learning hypermiling on my 2004 HCH1.

Last edited by kenny; 08-08-2006 at 08:13 AM.
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