How Much Should I Pay: 1999 Honda Accord
Question: How much should I trade a 1999 Accord LX with 179k?
Queen of the Road: Several reasons to sell your car instead of trading in…
1.) Dealerships will majority of the time offer you a price that’s below what you’re car is valued for. Dealershps make alot of their profit by flipping cars. They’ll offer to buy it for less than wholesale value, then turn around and sell it for 12-14% over wholesale (which is the minimum %).
2.) Another reason is because by selling it yourself, you can save more money. In our experience, if your car’s value is already low, then trading in would be an easier option.
For a 1999 Honda Accord V6 Sedan LX Auto with 179,000 miles, wholesale prices range from $2,600 (being in above average condition) to $1,800 (being in average condition) and $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 $1,600 to $3,400. A private seller will usually aim to sell it for 5%-10%.
Goodluck!
