
Question: I am looking to buy a car and below are my two choices. Both are from Private parties. Unsure, if you can help with Private party values, but doesn’t hurt to ask. 2003 Nissan Maxima GLE with 88K miles
Asking price $11700(after some haggling)
No heated front row seats 1999 Acura TL sedan - 83K miles
Asking price - $9800(quoted price, not talked to guy yet)
Has heated front row seats
Thanks man.
Queen of the Road: Sure, I can help you with private party prices. Remember to have the vehicle inspected and use CarFax or equivalent to check for the history of the car. The numbers I’ll be giving you are quotes from an auto auction where certified car salesmen attend to bid on cars they intend to resell on their lots.
A 2003 Nissan Maxima GLE:
Average auction price is $10,050 with 69,700 miles.
Below average auction price is $7,280 with 102,025 miles.
With 88k miles, a fair price to pay is $8.5, but it should vary based on the current condition of the car.
A 1999 Acura 3.2TL Sedan:
Above average auction price $6,700 with 83,225 miles.
Average auction price is $4,700 with 124,460 miles.
With 83k miles, a fair price is $6.7k.
Again, it should vary based on the options and condition of the car. If it’s salvaged, it should be less.
Remember: do a carfax before buying.