Real Car Prices from
a Real Car Dealer

Question: YEAR: 2007
Model: Honda CR-V EX-L
VIN: JHLRE48747C003013
Mileage: 39,823
Body Style: SUV
Engine: 2.4L 4 cyl FI AWD
Exterior Color: Beige
Interior: Tan
Trans: Automatic

Clean CarFax, 1 owner, dealer bought in auction

Dealer offers: $22,888

Queen of the Road: Hi Jon. Welcome to our blog. The dealer’s offer is too high. Here’s a fair range for you and the dealership: $19,900 to $22,700.

For a 2007 Honda CR-V 4WD EX-L with 39,800 miles, wholesale prices range from $20,600 (being in above average condition) to $19,300 (being in average condition) and $17,900 (being in below average condition).

A fair range for a dealership sell it for +12%-14% more than wholesale, so their estimated retail prices could range from $19,900 to $22,700. A private seller will usually aim to sell it for 5%-10%.

Check the carfax and do plenty of research on the history of the vehicle. Ask for their maintenance records. You can even bring a mechanic for a brief inspection. Here’s a good article to read before continuing: Car Buying Tips From An Insider. Let me know if you have any further car questions.

Good luck and keep us posted on how the purchase goes!

This entry was posted on Friday, May 29th, 2009 at 8:49 am and is filed under 2007, Honda, How Much Should I Pay?. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.