Thursday, January 19, 2012

Whats a good reliable used car with horrible resale value?

By definition a good reliable car will have excellent resale value. That's why the Honda Accord is in such high demand and they sell for top dollar on the used market.

But if you want a reasonably good car with low resale value you need to buy any Chevy or Dodge.

If you do a search in the AutoTrader by price the cheapest cars listed are always GM and Chrysler products.Whats a good reliable used car with horrible resale value?
Exception: Cars from recently axed brands like Saturn (Aura, Relay, Outlook) Mercury (Milan, Mariner), and Pontiac (G6, Grand Prix). All are mechanical or platform cousins of cars still being built or sold now. You should have years of parts and service available from GM %26amp; Ford dealers.

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Whats a good reliable used car with horrible resale value?
Generally good, reliable used cars don't have a horrible resale value because they're GOOD, RELIABLE cars. Sometimes, you can get a Corolla at a good price because there are lots and lots of Corollas which drives the price down.Whats a good reliable used car with horrible resale value?
I have noticed Mitsubishi cars are quite a bit cheaper than their Honda counterparts.

If you can find a Suzuki car they are surely cheap. A late model Kia would be good too.
Plymouth Neon!

Why are used car prices more than kelly blue book recommends?

When lookimg for used cars, especially cheaper ones, people nowadays are being very adoment about the value they are placing on their vehicles worth, even when kelly blue book says otherwise. This seems to be a form of price gouging and should not be tollerated in my opinion, especially in a down economy.Why are used car prices more than kelly blue book recommends?

First off, we have a saying in this business - Mr. Kelly does not own the dealership.

KBB values are almost never accurate any more.

The seller can ask whatever he wants for a car. Supply and demand. Free market economy.

If we were in Communist Russia, we would all have the same Skoda and that would be fine., But thats not how it works.

Price gouging? Not tolerated? What are you saying, that we should regulate what someone sells their car for? ridiculous

If you dont agree to a price, you dont buy a car. Thats the way it worksWhy are used car prices more than kelly blue book recommends?
This seems to be a form of price gouging and should not be tollerated in my opinion, especially in a down economy.


To each his own, I guess.

Maybe car buying isn't for you. In this down economy, I make $22/hour and my overtime starts after 28 hours each week. Yeah, 56 hours of OT every week on this project.

Anyway, that's a lotta' v6 and v8 Mustang GT convertibles I can hunt for. That's a whole ton I can turn down if I don't like the price, too.

See how that works?

Good.Why are used car prices more than kelly blue book recommends?
First off KBB is a strictly consumer based pricing system. Dealers, banks, finance companies, credit unions, etc. Use only NADA pricing.

KBB is so far off the actual real value it's ludicrous!

First reply was correct - if you don't agree on the price move on!

When buying a used car, what does "matching numbers" mean and where do you check for them?

How much of the numbers have to match- all, or first so many numbers. Assuming I have a car with "matching numbers" and the engine is no good. Do I have to rebuild that engine, or can I replace it with another, and still have matching numbers? How much does having "matching numbers" add to the value of a car?When buying a used car, what does "matching numbers" mean and where do you check for them?
Matching numbers means that all of the VIN numbers and serial numbers match.

Essentially it means that the car has all of the original and correct parts and no one has ever swapped them out.

If you get new parts with other VIN and serial numbers, the car will no longer have matching numbers, so you will need to rebuild rather than get new with the engine.

With a high end vintage car, matching numbers can add 50% to the value or more depending on the car.

For a car that is so so, and not a collector car, it shouldn't effect the value much.When buying a used car, what does "matching numbers" mean and where do you check for them?
The engine and chassis has numbers you will find them on a metal plate under the bonnet or drivers post thy should match with the numbers in the v5 reg documentWhen buying a used car, what does "matching numbers" mean and where do you check for them?
It really doesn't matter on newer cars! The value would not increase or decrease. Now, if you are talking about an older (classic) car then it is a different story! The value can change as much as $20,000. or more depending on the car. If you are looking to rebuild your current engine, the the numbers would still match as long as you use the same engine block. If you are looking to "swap" engines, then the numbers would not match.

When buying a used car can you try this?

Print out the kelly blue book value of the car your buying and bring it to the dealer, do you think theyll bring the price to that depending on the coondition?When buying a used car can you try this?
Kelley Blue Book ( is no longer the credible resource it used to be. I sell cars and have seen it be extremely high and extremely low in relationship to what reasonable prices are for any given car. I'm not sure what source KBB uses to determine it's prices but whatever it is, it's not a very reliable one.

You have the best source available to you for determining a fair price on a used car right here on the internet. I recommend doing a search on and or for the car you are looking for.

Use those two sources to research the "market value" of the car you are wanting to buy by comparing what similar cars are listed for. Do your best to compare similar year, make, options and miles.

Then find your used car at a reputable dealership. You have more laws protecting you when you buy a car from a dealership than you do from an individual.When buying a used car can you try this?
They will resist strongly. They have spent money on testing, detailing, and a few parts here and there, so they are asking more in order to make a little profit.

Actually, they make more $ on used cars than NEW ones, considering how badly they ripped off the person who traded the car in.When buying a used car can you try this?
I used to sell cars. so heres what you do. look for a car like the one you want in the local photo ad's or whatever car magazines there are in your area. Compare prices, mileage, etc. Now go to the dealer, and if your looking at a used car, 10-1 odds the dealer got the car for next to nothing on a trade in and bumped the price a couple grand. Now that you see what other people are selling that car for, go in there with a price in mind. Oh and dont fall for the old "If we can get the payments this low, will you buy it?" Cause yes they will get it that low, BUT the interest will be higher and the payment schedule longer, you'll end up paying double the original price.
  • trade in value
  • How can I determine what a (used) car might cost in the future?

    I know that the car that I am referring to stands approximately 35 grand brand new, but I haven't any idea how much the person who has it now bought it (he just bought it, so he bought it used as well). In the future (between 2 and 4 years), how can I determine how much the car will cost, being sold for the third time to a third owner, built in 2010. Is there any way to figure out the value?How can I determine what a (used) car might cost in the future?
    look in for the exact car only 3 to 5 years older for the approximate price of your carHow can I determine what a (used) car might cost in the future?
    Most brand new cars lose approximately 12% - 15% of it's value for every year up to the fifth year. By the fifth year the car should be worth about half what it costs brand new.

    Another way to determine value is to look at similar cars (as long as it isn't a brand new model) that is the same age as the car will be when you want in in 2 - 4 years. For example. If you want to know what the value of a 2010 Honda Accord will be in 2014 then look at the value of a 2007 Accord today in 2011. Compare the new car price to the current value. This will tell you how much the price has dropped since that 2007 rolled off the showroom. Apply that same ratio to the 2010 model year.How can I determine what a (used) car might cost in the future?
    Think about what cars were 35,000, 4 Years ago and find out what the price is now.

    That should help you.

    What would the MSRP of a used car be?

    I have to do a project for math and it's about car financing. We're allowed to have used cars, but we have to use the MSRP to do our calculations. But since it's used, what would the MSRP be, especially if the car's from 2000 or something? Would it just be the depreciated value?What would the MSRP of a used car be?
    M.aximum S.ales R.ipoff P.riceWhat would the MSRP of a used car be?
    NO SUCH things as a MSRP for a used car.What would the MSRP of a used car be?
    theres really no such thing as a manufactorer's suggested retail price for a used car. you could probably use NADA book value or even kelly blue book value (even though kbb is crap).

    why dont you just use a new car?

    but anyway, there is no MSRP for used cars, the condition of the car determines a large portion of its value and the manufactorer has no way to determine that for every car out there.
    MSRP doesn't change there isn't ever one stated for a used car. Only a new one straight off the dealers floor. So if you are looking at an old Nissan Maxima the MSRP is still $25,000 or so, not the $2500 or so you'd be willing to pay for it.

    I don't know what you would use for this project, as you said maybe just use the depreciated value (kelly blue book works fine)

    Private used car seller lied about repairs made, any remedy?

    Can you think of an instance involving a private 2-party transaction, involving a used car, that the law would support injured party in seeking remedy due to misrepresentation of condition and viability of the car sold? This involves claims specifically made (and unsolicited) that certain repairs were made using brand new parts.

    Since evidence now shows that these parts were not replaced, the stated repairs to address symptoms were never made either.

    Car is now completely unusable due to the cause of symptoms which seller stated were attended to, and done so using brand new parts. Naturally, without the statement that new parts were used, we'd not have a way to determine whether seller's claim of making repairs were true or not.

    In GA, any car sold between private parties is sold AS IS, and I understand that. However, I am wondering since during the transaction, explicit statements were made to represent and substantiate viability of the item being sold - and in-fact outright lies told in order to convince me of the viability - fraud occurred resulting in taking money in exchange for a car that was known to have a fatal problem. A problem that would in-fact make the value of the car 90% less than what was paid in the transaction.


    Seller purchased car from original owner who sold it because it had been established that the problems she was experiencing was very likely a fatal flaw: blown head gasket.

    Seller purchased car in the parking lot of the repair shop that the seller had used for the lifetime of the car.

    Seller was told that the car very likely had a blown head gasket.

    Seller bought car anyhow and had it towed to his residence.

    Seller then volunteered, when asked by me and my companions, why the car had a faint antifreeze odor, that he'd "just topped off the coolant." He then said, after acknowledging the comment from buyer that this particular BMW has a history coolant problems, he'd "taken care of EVERYTHING, including: new water pump, new thermostat, new axillary fan, new expansion tank." He then stated that "you won't have to worry, everything has been taken care of."

    There is NO bill of sale. I was emailed a blank bill of sale with seller's signature and no other information.

    Proper transfer of title did take place.

    I took car this past weekend to the repair shop that had serviced the car the entire time the original owner had the car. I explained the situation and learned the facts regarding reason for original owner selling car, how the transaction took place, any interaction that occurred between second owner (our seller) and the repair shop.

    Repair shop said, to their knowledge, our seller purchased an expansion tank, only.

    Seller remains unreachable since leaving his house with the car the day I bought it.

    What I know:

    I used bad judgment during this transaction.

    Bottom line is, the transaction is, by default, AS IS.

    The seller knew the car had serious problems with cooling system and covered up the disposition of said problems by making false and misleading claims which suggested his knowledge of the problem, and the problem was resolved because the seller made the repairs using parts that have now been identified as NOT NEW. A direct contradiction to his claims.

    So I bought a car that was represented as having a certain viability with specific parts installed (in brand new condition) during repairs to address a severe problem. Subsequently, my understanding of the potentially fatal flaw was that repairs were made to address this issue, and told I didn't need to worry - by the seller.

    End of story? or do I have a reasonable claim to bring against seller in small claims court?

    I'd really appreciate any insight into this. As it stands, I have a $7000 BMW sitting in the driveway, and it is now a paperweight. It was my only car and I have no means at all to get another car.

    Thanks in advance,


    GeorgiaPrivate used car seller lied about repairs made, any remedy?
    Keep in mind... even if you took the seller to small claims, the burden of proof is still on YOU.

    Without anything in writing to the effects you're stating, the law is on the seller's side. If you are in the legal profession (and your statements under your "fact" list include a TON of conjecture and hearsay), you know that any used vehicle transaction is automatically "as-is" unless noted in writing to the contrary. The seller's "legal duty" to disclose info was fulfilled in the eyes of the law (I'm assuming everything you present is honest) as he did disclose that he switched parts. Whether they are new or not is not an issue for the court. Having new parts does not guarantee the buyer any sort of inherent satisfactory performance of the vehicle.

    Here's what's going to kill your case... the part where you say he told you to "not worry, it'll perform fine" (or whatever he said). This is NEVER taken into evidence by a court against the seller. It is called "puffery" and holds no water in any state laws. And your statement of "seller dishonestly withheld info" is your opinion, and this is very, very difficult to prove.

    No matter how it's diced-up, the burden of proof is upon the buyer to determine whether or not a vehicle is fit for sale. Hence the whole "as is" piece of the state laws in place. If these were taken out of the vehicle statutes, we'd have folks purchasing convertibles on Friday, returning them on Monday.

    Now, would I have purchased this vehicle even with all of the red flags in place? Not a chance. But, that's just my opinion. I've owned my share of BMW vehicles, and can tell you that used, out-of-warranty ones are very prone to their share of gremlins.

    So, can you sue him? Of course. Will you win? 99.5% chance the answer is "no".
    You own the car. You have no recourse. Period.Private used car seller lied about repairs made, any remedy?
    No the problem is any used car in any state is sold as is your best option was to take the car to a mechanic who could verify by visual inspection any parts that were replaced and through his knowledge and his skill could have tested various systems on the car to verify condition. Unfortunately, for some reason, many people skip this step, and rely on the previous owners explanation. Had any new work been done, you should have had records to prove this work was actually done on the car. There are sadly lying cheating greedy people who do to you this same thing to many people across the country everyday.

    you need to protect yourself from people like this by having a mechanic inspect and do a engine and transmission diagnostic. Most newer cars when plugged into a diagnostic computer actually diagnose them self's, and also give codes for what parts need to be replaced. Im not sure what happened to Your car, but have faith that somehow it will work out. There are ways to get used parts, and while the buyer misrepresented your vehicle lets hope it is able to be repaired and get you on the road That was some letter I must admit, you appear have a extra ordinary mind. Here are a few websites I recommend, one is so in the future you can check and make sure a car you are interested in is not on the worst cars to own list, and is a free website on how to buy a used car, what to look for and what to look out for, as well as some used car reviews. I am a firm believer in a cold start test drive of ANY used car. I check the engine oil to make sure its clean and the automatic transmission dipstick to verify the fluid is reddish and not black or burnt smelling. I start the vehicle up after sitting overnight, It should start easily, smoothly and quietly, no loud bangs, and no smoke clouds. warm it up for a few minutes to get the oil circulating, then take off in it like I stole it. I want to know if it will get up to 55 mph in the first 5 to 7 minutes of being started cold in the morning. Any used car that can get up to freeway speeds after only a few minutes warming up, may not be in too bad of shape.

    I also make arrangements for a 40 minute to one hour test drive, and check that all the accessories and safety features such as turn signals, and brake lights, all work as they are supposed to . Make sure all power windows work well all the way up and all the way down several times each. Once Im sure this is a good car for me, I return to the owner, and contact my mechanic and make arrangements to get the vehicle inspected. I have usually contacted my mechanic ahead of time, so I know I can get a vehicle in to the shop on short notice, and get a one hour inspection as needed. This is the best way I know to protect your self from dirt bags who sell crappy cars. Beware of some one who warms a car up well before you test drive it, many cars with major problems just starting up, my run badly cold, but once warmed up, run tolerably well. Im sorry to hear your hard earned money was taken by a crook, have faith that things will somehow work out.
    "AS IS " does not include lies. if a private lies you DO have recourse. problem is if it was verbal, then ot hard to prove. But if you can find a printed ad that has some lies in it or if he wrote down the lies . Then you woud have a good case. "AS IS " does not include lies.

    good luck.Private used car seller lied about repairs made, any remedy?
    As-Is. End of Story. You had the right to have the vehicle inspected by your own mechanic before purchasing it and chose not to. When spending $7,000 on a car it's always a wise idea to have it checked out before you buy it.
    well not really.......cuz like you show and know.........buyer be ware......applies.....

    a dealership? probably been better place to buy cuz you have some recourse in

    that respect due to relations and integrity......but dont think even in claims court

    you'd get anything done on it cuz of the law/rules on cars. this all should've 'smelled' to

    you from the get go/I would've backed away n gone on my way to somewhere else........