How Much Should I Pay: 2007 Honda Civic & 2008 Honda Civic Prices
Question From Christian: 1. 2007 certied honda civic cpe (~ 35,000)
* Mileage: 34923
* Transmission: Automatic
* Exterior Color: Red
* Interior Color: Black
* Doors: 2
* Stock Number: 0923657
* VIN: 2HGFG128X7H520762
2 2008 used honda civic sedan (~ 32,000 miles)
Bodystyle
4 door Sedan
Engine
1.8L I-4cyl
Transmission
5-Speed Automatic
Ext. Color
Black
Mileage
31,905
Stock Number
P8H321148
VIN
2HGFA16518H321148
Model Code
FA1658EW
… and what is the difference between used and certified vehicle? thank you
Queen of the Road: Hi Christian. Welcome to AutoBragBlog! Typically, a CPO vehicle is a used car that has gone through a rigorous inspection process and that has an extended warranty beyond the car’s existing warranty.
For a 2007 Honda Civic Coupe EX Auto with 35,000 miles, wholesale prices range from $14,500 (being in above average condition) to $13,200 (being in average condition) and $12,000 (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 $13,500 to $16,100. A private seller will usually aim to sell it for 5%-10%.
For a 2008 Honda Civic Sedan LX Auto with 31,900 miles, wholesale prices range from $14,300 (being in above average condition) to $13,300 (being in average condition) and $12,200 (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 $13,700 to $16,000. 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!
