How Much Should I Pay: 2005 Honda Accord
Question: Hello How much will you suggest for 2005 Honda Accord Sedan 5speed AT LX with 32000 Miles on it. I am planning to buy this from a guy who took this car from auction. Please suggest.
Its 4 cyclinder. Thanks
Queen of the Road: Hello there. For a 2005 Honda Accord 4C LX Auto with 32,000 miles, prices range from $14,300 (being in above average condition) to $12,900 (being in average condition) and $11,600 (being in below average condition). Keep in mind that the numbers above are the wholesale prices. A dealership will usually aim to sell it for +12%-14% more than wholesale, so their estimated retail prices could range from $13k to $15.8k.
July 23rd, 2008 at 7:13 pm
Thank you very much for the detailed explanation. The guy who is getting for me is not willing to come down below $13800. Since he was for NADA price and i told him that i can get only for KBB private party value price. He asked me before biding on the vehicle and he is trying to enforce the deal to happen at $13800 to $14000. So please suggest me what i need to do at this point. My conditions before he is gonna buy the vehicle for him is that the vehicle that i am gonna get shud not be a leased one, No accidents, No salvage, no lemon and no mechanical or physical problems or damages. Thanks Again!
July 23rd, 2008 at 7:50 pm
What auction are you buying from? What company is the car auction called?
Ask to see the vehicle condition report. ust make sure the car is in good condition.
Regarding the price, it sounds fair.