Interactive hybrid cars resource
GreenHybrid Home - Hybrid Cars
Hybrid Cars Discussion Forums
Hybrid Articles
Hybrid Mileage Database & Car Specs
Hybrid Car Photo Gallery
Shopping Guide for Hybrid Cars


Go Back   GreenHybrid - Hybrid Cars > Hybrid Cars > Honda Civic Hybrid
Register FAQ Members List Search Today's Posts Mark Forums Read

Honda Civic Hybrid Hybrid version of the best-selling Honda. Arch rival of the Prius.

Reply
 
Thread Tools Search this Thread
  #1 (permalink)  
Old 08-07-2006, 08:36 PM
zimbop zimbop is offline
Ridiculously Active Enthusiast
 
Location: New Mexico
Hybrids: 2004 Honda Civic Hybrid CVT
Posts: 598
Default What's it worth? (04 HCH 35k mi)

Informal survey of how much a 2004 HCH CVT with 35k miles on it in mint condition is worth.

While I love my HCH, I may end up letting it go if I no longer have to make my long commute. Any folks out there trade in or bought/sold one recently? I am wondering what it's really worth. KBB and NADA price it between 17k and 20k depending on trade-in vs retail price. Trade in prices are also a bit deceptive because they are often inflated to hide what would otherwise have been a discount on the new car. Still wondering what you all have experienced.

.

Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #2 (permalink)  
Old 08-07-2006, 08:54 PM
exbauer exbauer is offline
Pretty Darn Active Enthusiast
 
Posts: 441
Default Re: What's it worth? (04 HCH 35k mi)

well, it just depends on the market. if you are in cali or the north east then it would go for more than it would in the mid west. i have heard stories of people trading in their HCH and getting close to what they paid for it new. so, it is luck of the draw i would say. but, look at what the auctions on ebay are closing for for a model like yours. that would help.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #3 (permalink)  
Old 08-07-2006, 09:38 PM
Nagorak Nagorak is offline
Active Enthusiast
 
Hybrids: Honda Insight
Posts: 74
Default Re: What's it worth? (04 HCH 35k mi)

Well, in general you'll get a lot more if you sell it, rather than trade-in. Trade-in is one of the biggest rip-offs out there. Dealers pay you less and then turn around and resell your car for more.

I would recommend checking the autotrader.com listings for your area for comparable cars. That should tell you what they are going for.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #4 (permalink)  
Old 08-07-2006, 10:06 PM
EZ2beGreen EZ2beGreen is offline
Active Enthusiast
 
Location: Far Suburbs of Chicago
Hybrids: 2006 Civic Hybrid
Posts: 202
Default Re: What's it worth? (04 HCH 35k mi)

Odd how none of the responses actually gave a figure. IMHO, the vehicle is worth approx 15-16k... dealer wholesale could even be a little less, and the right buyer may even pay a little more for it... YMMV!
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #5 (permalink)  
Old 08-07-2006, 11:12 PM
blueskies blueskies is offline
Active Enthusiast
 
Hybrids: 2004 Civic Hybrid CVT
Posts: 237
Default Re: What's it worth? (04 HCH 35k mi)

On cars.com in the LA area, the cars with mileage similar to yours are all going from 19K - 22K being sold by dealers. But the one for 19K seemed to be an exception to the rule. So as an independent seller you could expect 18K - 21K probably. I would start the listing at 21K and reduce the price in $200 increments if it does not sell.

But remember that in CA you get carpool privileges which inflate the price a bit.

I would probably do the same if I were you. The HCH does not get great mileage in a short, city commute anyway. Since you have the rare opportunity of cashing out for not-too-much-less than you paid for it, sounds like a great idea to me.

Quote:
Originally Posted by zimbop
Informal survey of how much a 2004 HCH CVT with 35k miles on it in mint condition is worth.

While I love my HCH, I may end up letting it go if I no longer have to make my long commute. Any folks out there trade in or bought/sold one recently? I am wondering what it's really worth. KBB and NADA price it between 17k and 20k depending on trade-in vs retail price. Trade in prices are also a bit deceptive because they are often inflated to hide what would otherwise have been a discount on the new car. Still wondering what you all have experienced.

Last edited by blueskies : 08-07-2006 at 11:16 PM.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #6 (permalink)  
Old 08-08-2006, 06:21 AM
zimbop zimbop is offline
Ridiculously Active Enthusiast
 
Location: New Mexico
Hybrids: 2004 Honda Civic Hybrid CVT
Posts: 598
Default Re: What's it worth? (04 HCH 35k mi)

Thanks for the responses so far. I have bought and sold many cars so I am well aware of how trade-ins, selling it yourself, and dealer retail prices are different animals. I do watch the autotrader but they give you a listing price not an actual sale price.

These hybrids seem to break the normal resale rules in a number of ways so I am trying to collect as much data as possible. I am hoping some more folks out there have actually sold theirs or traded it in for an 06 or something. I need some real data, so I can compare your locality with mine. Thanks.

I really would hate to sell it, but we don't drive much in town, we live 4 blocks from my wife's work and I am considering an electric or small gas scooter for mine.

.

Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #7 (permalink)  
Old 08-08-2006, 07:16 AM
kenny kenny is offline
Ridiculously Active Enthusiast
 
Hybrids: 2006 Honda Civic Hybrid
Posts: 1,090
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.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #8 (permalink)  
Old 08-08-2006, 11:46 PM
Nagorak Nagorak is offline
Active Enthusiast
 
Hybrids: Honda Insight
Posts: 74
Default Re: What's it worth? (04 HCH 35k mi)

Quote:
Originally Posted by kenny
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.
Depends how you look at it. I never said there was anything wrong with the practice itself, but they really push it, giving you a rock bottom price for your car. It's not a little bit less, it's substantially less, and thus the reality is you are getting ripped off. The effort involved in putting your car up for sale yourself is well worth the extra couple thousand dollars you'll get for it.

Maybe you have a more positive view of car dealerships than I do. My experience is that they are bloodsuckers who just try to rip you off as much as they possibly can. They are perfectly willing to try to take advantage of you if you don't know what you are doing (or even if you do, they'll still try just fail).

As businesses go, I'd put car dealerships down toward the bottom.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #9 (permalink)  
Old 08-09-2006, 06:30 AM
zimbop zimbop is offline
Ridiculously Active Enthusiast
 
Location: New Mexico
Hybrids: 2004 Honda Civic Hybrid CVT
Posts: 598
Default Re: What's it worth? (04 HCH 35k mi)

Agreed on both accounts. Dealers do need to make money, I can respect that they need to make a profit and I can accomodate that. However, when they do business in such a sly way, questionably ethical at best, it's harder to respect their point of view because the way they do it feels like (and often is) a scam.

.

Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #10 (permalink)  
Old 08-09-2006, 07:20 AM
kenny kenny is offline
Ridiculously Active Enthusiast
 
Hybrids: 2006 Honda Civic Hybrid
Posts: 1,090
Default Re: What's it worth? (04 HCH 35k mi)

Every house, car, piano, and oriental rug is sold for as *much* as the seller can get for it.
Every house, car, piano, and oriental rug is bought for a *little* as the buyer can get it for.

It is your responsibility to negotiate.
Good negotiators pay less.
Bad negotiators pay more.

It's just business.

I don't "support" car dealers.
I just understand that this is pricing structure of large-ticket goods.
It is unfortunate, I don't like it, but it will never change.

I'm a good negotiator so I don't buy unless I get a great deal.
So the system doesn't bother me too much.

I think most people would rather get a root canal than negotiate a sale.

.

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 : 08-09-2006 at 07:36 AM.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Topic Starter Forum Replies Last Post
06 HCH Test Drive Impressions seattlite Honda Civic Hybrid 18 11-08-2007 08:19 AM
“Tbaleno takes the Gloves Off” w/ his CVT based HCH - P&G ;-) xcel Honda Civic Hybrid 23 02-27-2006 01:24 AM
Seeking Advice for purchase:New HCH II or Used HCH I? RX8Daniel Honda Civic Hybrid 12 02-02-2006 05:44 PM
CVT on the 06 HCH vs. 04 HCH bluecivichybrid Honda Civic Hybrid 13 12-01-2005 04:10 PM
Comparing my HCH to... mavidal Honda Civic Hybrid 10 09-16-2005 07:37 PM


All times are GMT -7. The time now is 11:02 AM.



This website is made possible by people like you.
Thank you.


HOME   .   DISCUSS   .   LEARN   .   COMPARE   .   SHARE   .   SHOP

About      Press Release      Contact

Suggested Link      Promote Hybrids      Site Store




COPYRIGHT © 2005-2006 Internet Brands, Inc. | Privacy Policy

SEO by vBSEO 3.0.0