How Much Should I Pay: 2009 Chevrolet Traverse

Question: How much should I pay for a 2009 used chevy traverse, 2wd, LT, automatic, navigation, bose speakers? The one I’m looking at is VIN# 1GNER23D29S100177 and has 2,600 miles. Dealer has it listed for $29k.
Queen of the Road: Hi there! Welcome to AutoBragBlog. Why does this Traverse have so many miles? Was it the Demo or a Loaner? $29k sounds about right, but a little too good. Make sure you do a background check.
For a 2009 Chevrolet Traverse 2WD V8 3.6L LT with 2,600 miles, wholesale prices range from $30,100 (being in above average condition) to $28,500 (being in average condition) and $26,900 (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 $29,500 to $33,000. 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!

