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I would definitely ask friends, family, coworkers, people at church, etc if they have a vehicle they were planning to trade in. Once a car is more than 8 years old they will only give you $1000-$2000 regardless of condition, mileage, or blue book. Many people don’t want to sell their car privately (it’s an hassle) and would be happy to easily sell it to someone who would be grateful. We ended up doing this with our low mileage 10 year old Honda a few years ago. Tell them you will match what dealer has offered them.
I would definitely ask friends, family, coworkers, people at church, etc if they have a vehicle they were planning to trade in. Once a car is more than 8 years old they will only give you $1000-$2000 regardless of condition, mileage, or blue book. Many people don’t want to sell their car privately (it’s an hassle) and would be happy to easily sell it to someone who would be grateful. We ended up doing this with our low mileage 10 year old Honda a few years ago. Tell them you will match what dealer has offered them.
this is completely out of touch............dealers would shoot low offers on 8 yr old cars but definitely not $1000-2000.
Carvana bought a 2015 Accord coupe from my buddy last summer for $19,154........I saw the check and that car was 24,480 brand new!
Ideally the OP wants to buy a high school kids car (that left for college or military, doesn't need it) or an elderly person's car who is giving up driving.
Last year your friend’s car was 7 years old. The age of the car determines financing options which is why dealers don’t want 8 year old plus cars. Used vehicle values are down 10% year over year.
Very hard to believe a dealer offered 20k for a 2015 honda accord when there up for sale between 10 and 13 grand all day.
Sounds far fetched
Dealers are notorious liars and low ballers
anything is possible. I sold a 2017 Corolla in March to a dealer for 18,600 it had 22k miles on it. It was 19k new. I bought for way less than that in 2018.
There are plenty of cars in this price range ($1 k - $2 k), BUT, they will have high mileage and will need tires and some other work (brakes, shocks, exhaust, check engine lights, engine or transmission issues) and may not even pass the state inspection. If the buyer has technical abilities, then there are potential deals out there, if not, do not buy one of these cars. If they were cheap or easy to fix, the current owner would have done that.
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