Quote:
Originally Posted by hirevtuner go to the toyota website and find the section on appraise my ride; just note that it is the lowest value you can get from a trade-in and compare with craigslist from there
or you can find someone that has access to carfax to check it for you or pay for it |
Those usually aren't that good at estimating. And I wouldn't look at that as the lowest number, but probably one of the higher values.
The online appraisal things usually don't take into account work the vehicle needs, accidents, body damage etc. It basically asks you for your car specs and says this is the highest amoutn of $$$ we can give you if the car is perfect. Also When you're buying a new car when trading in, the dealer has more of a cushion, and on paper he can say you'll get $5000 for your trade, when in reality they're only paying $4000/taking $1000 away from their profit instead.
There are a ton of smoke and mirrors when trading in a car. But just goign to the dealer and asking to sell it is much different, becasue you can't hide the numbers this way.
edit: and most websites just link to canadianblackbook.com, which actually doesn't give appraisal numbers for 2002 civic LXs. Not sure why, but some cars are missing from the database.