Question: here is a vehicle we are looking at:

2003 Honda Accord EX V6 4 dr., Auto
Leather, Sunroof, etc.
97 K Miles
Buying from a private party
in Kansas

We are in the market for a 2003-2006 Accord, prefer sunroof 4 dr. and manual if poss., 4 cyl. is fine, any good ideas?

Thanks.

Queen of the Road: Howdy! Let’s get you some wholesale prices…

For a 2003 Honda Accord V6 Sedan EX Auto with 97,000 miles, prices range from $11,700 (being in above average condition) to $9,800 (being in average condition) and $7,900 (being in below average condition). Keep in mind that the numbers above are the wholesale prices. A dealership will usually aim to sell it for +12%-14% more than wholesale, so their estimated retail prices could range from $9k to $13.2k.

Since you’re buying from a private party, it should sell for 5% to 10% above wholesale prices.

Regarding that last question, it all depends on what’s up for sale. You have to just keep shopping and you may go through several cars before you find the one you find agreeable.

Question From Deepak:  Hi

Deepak

Queen of the Road: Hi Deepak. What condition is the car in? We recommend talking the price down a bit lower. This deal is more realistic compared to the other ones you’ve been finding.

For a 2003 Honda Odyssey EX with 87,300 miles, prices range from $10,200 (being in above average condition) to $8,200 (being in average condition) and $6,200 (being in below average condition). Keep in mind that the numbers above are the wholesale prices. A dealership will usually aim to sell it for +12%-14% more than wholesale, so their estimated retail prices could range from $11,500 to $7,200.

Question:   I’m looking to buy this car, private party sale, cash.

Year:2003
Make: Honda Civic EX Coupe (without side air bags).
Milage: 85,000
Model: EX, alloys, Moonroof, 4 wheel ABS,Tinted windows,
Floor Mats,CD Player, etc.

All service done at Honda dealer with receipts, i consider
any used car to be in good condition, this one is very good.

Clear Title

They are asking $8,500

What do you think?

Queen of the Road:    For a 2003 Honda Civic Coupe EX with 85k miles, wholesale prices range from $9,025 (being in above average condition) to $7,675 (being in average condition) to $6350 (being in below average condition). Wouldn’t hurt to bargain it down antoher $500-$1000.

Question: thanks for your help. I am looking at 2003 Honda CRV’s I have found one I like and would like to know how much you think I can get the car for. I found the car on Craig’s list being sold by an individual.

Year: 2003
Make: Honda CRV
Model: 2WD 4C
Trim: dark blue no special trim, car is clean
Mileage 66,600
I am located in South Florida and this will be a cash transaction

Queen of the Road: For a 2003 Honda CR-V 2WD with 66,600 miles, the average condition price is $10,050. Buying through a private party is much easier than purchasing through a dealership. What was the asking price from the seller? Be sure to do a background check on the car just to verify it wasn’t salvaged. :)  I’d say… try to offer $9000-$9,500 because if this person traded in their vehicle they’d probably only get about that much.                                                                                                                                                                                                                                                                                                                         Now if the offer is less than what I’ve quoted than congratulations.  But remember if it seems to good to be true then it probably is.