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How Much Should I Pay: 2008 Honda Fit

Question From Laurence: 2008 Honda Fit, Automatic, 9000 miles, not the Sport model, like new, being sold by private party.

Value?

Queen of the Road: Welcome to AutoBragBlog, Laurence! You’ve come to the right place for wholesale Honda prices.

For a 2008 Honda Fit Hatchback with 9,000 miles, wholesale prices range from $13,100 (being in above average condition) to $12,500 (being in average condition) and $11,900 (being in below average condition).

A dealership will usually aim to sell it for +12%-14% more than wholesale, so their estimated retail prices could range from $13,400 to $14,600. 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. Good luck and keep us posted on how the purchase goes!



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