QuestionHello,
I'm looking for a car for my 16 year old daughter. I stopped at a dealership this weekend and spoke with a salesperson. The dealership was closed but he was able to answer a few questions and told me to come back for a test drive.
The first car is a 2000 Honda Accord with 164K. The asking price for the Accord is $7299 but he said I could probably get it for under $7000.
The second car is a 2001 Toyota Camry with 181K. The price was $6595 and he said he couldn't move on the price because it was just reduced. The salesman told me the Camry was driven by a salesman and he took very good care of it.
Both cars seem to have been well maintained. They have been on the lot for about 40 days.
My question is about the mileage.
Would you buy a car with that kind of mileage on it and what do you think a fair price would be to offer for these cars? Any advice would be appreciated. Thanks in advance.
AnswerHi Tom
I cant comment on the price as you did not submit a zip code, would I buy a car that will stand me over $ 8000. with taxes having 170 to 180K being 7 years old highly unlikely, but then again there are exceptions.
It puzzles me a full size family car for a 16 yr old, it must be your choice not your daughters ? am guessing your looking at it from a safety point of view.
When your buying a car in that price range its buyers beware and red flags, finding a car that will outlast your investment is the key and about 4 years with minor repairs you will have secured value for bucks. Type of vehicle - model - year and miles takes a back seat to CONDITION.
Your very fist step,,, go to this link on my website http://www.usedcartips.org/TESTDRI.html its how I appraised vehicles for condition and value, I dont expect you to become an expert over night but pick up a few pointers will help you get value.
Study the website and contact me through the website address should you have further questions, I get much junk mail - in subject line enter car question from TOM.
Have a great day
Ray
