How Much Should I Pay: 2007 Chrysler 300
Question: How much should I pay for a 2007 Chrysler 300 Touring, used, 26,000 miles, 2WD, Auto, Dealer, Carfax shows an accident (police report, no insurance report) before the car hit 4,300 miles.
Queen of the Road: Hi there. Welcome to AutoBragBlog! Uh oh. I would pass on this one. When you try selling it and people see that there was an accident long ago, they’ll pass you up.
For a 2007 Chrysler 300 Sedan Touring with 26,000 miles, wholesale prices range from $16,400 (being in above average condition) to $14,500 (being in average condition) and $12,700 (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 $14,000 to $18,000. 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!
