Saying goodbye... Probably

fk8.01214

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Ok so, I've owned my R for a little over a year and life situations have changed (for the better) where I want to pass it on to somebody else who will enjoy it. So basically, what I want is just some insight on what I should be looking for price wise realistically. Basic info includes 2017, ABM, 22k miles, HKS Legamax, oe wheels pretty beat (not bent though), overall condition I would give it 8.5 small nicks here and there mainly just small rock chips.
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Ok so, I've owned my R for a little over a year and life situations have changed (for the better) where I want to pass it on to somebody else who will enjoy it. So basically, what I want is just some insight on what I should be looking for price wise realistically. Basic info includes 2017, ABM, 22k miles, HKS Legamax, oe wheels pretty beat (not bent though), overall condition I would give it 8.5 small nicks here and there mainly just small rock chips.
They seem to be going in "like new" condition with 10-30k miles for about 30k
 

Robotaz

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I think you can easily get $30K at worst.

It's a good time to either detail the heck out of it if you have any experience, or time, or pay someone. That pays back far more than it costs.

Good luck. What are you looking to buy?
 


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fk8.01214

fk8.01214

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I think you can easily get $30K at worst.

It's a good time to either detail the heck out of it if you have any experience, or time, or pay someone. That pays back far more than it costs.

Good luck. What are you looking to buy?
Yeah I was planning on washing, detailing and all of the sorts, it allows the car to speak for itself basically. I'm most likely going to be getting a project and a real nice daily maybe even another Xgen but not another R as I want to focus all my attention on my project.

Thanks for the input!
 

Mick the Quick

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For staters, you should look at various websites like KBB, Edmunds, NADA, Black Book, etc. You can also do a search on places like CarMax, Autotrader, Carvana, etc. to see how much a car mostly comparable to yours is retailing for. Lastly, I would spend 30 minutes at each of CarMax and a Honda dealer to get their quotes to take your car in as a cash sale (not a trade). With cars like CTR, people are sometimes pleasantly surprised at the price they can get straight up from a Honda dealer or other used car dealers like CarMax. Look at car forums, like this one, for the recent price point of a similar CTR listed in the classifieds. You can see how quickly the car was sold, too. In doing all this, be mindful of the different types of transaction (retail, private party, wholesale, etc.) and the relevant price adjustments.

Is any of that necessary or critical? No. But like anything in life, you have to prepare to succeed, ya know.

You want this information not just to set the initial price (which, obviously, should be higher than the lowest price you are willing to accept, to leave room for bargaining . . . unless you want to post a "FIRM" price). Attaching an objectively higher price with "obo" sometimes works well. By arming yourself with all that information, you are really preparing for the negotiation. There are tons of suckers who would pay whatever you ask of them -- great if you find them. On the other hand, there are those who do their homework, or those who just want an arbitrary price just to get satisfaction that they got a deal.

Ultimately, it all boils down to a pissing match in many cases. If you don't have "objective" price points from third parties (from which you will adjust upwards or downwards based on variance in quantity and circumstance), you will waste your time and likely get less than you deserve with more aggravation.

That just my $0.02.
 

charleswrivers

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Assuming you get 30k on a trade... at 7% interest on the sale of the replacement car... that's represent $2100 in tax you wouldn't have to pay... so you can essentially take ~2k less on the trade vs private party sale (PPS) and it'd be a wash once you factor in getting the car you're replacing this one with (assuming you're looking to get something else). Just something to consider. You'd have to make over $2k more on the PPS for it to be worth it... and it's more of a hassle than to just trade. I imagine you'd get a lot of dreamers trying to PPS a CTR.

Good luck. :thumbsup:
 
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fk8.01214

fk8.01214

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For staters, you should look at various websites like KBB, Edmunds, NADA, Black Book, etc. You can also do a search on places like CarMax, Autotrader, Carvana, etc. to see how much a car mostly comparable to yours is retailing for. Lastly, I would spend 30 minutes at each of CarMax and a Honda dealer to get their quotes to take your car in as a cash sale (not a trade). With cars like CTR, people are sometimes pleasantly surprised at the price they can get straight up from a Honda dealer or other used car dealers like CarMax. Look at car forums, like this one, for the recent price point of a similar CTR listed in the classifieds. You can see how quickly the car was sold, too. In doing all this, be mindful of the different types of transaction (retail, private party, wholesale, etc.) and the relevant price adjustments.

Is any of that necessary or critical? No. But like anything in life, you have to prepare to succeed, ya know.

You want this information not just to set the initial price (which, obviously, should be higher than the lowest price you are willing to accept, to leave room for bargaining . . . unless you want to post a "FIRM" price). Attaching an objectively higher price with "obo" sometimes works well. By arming yourself with all that information, you are really preparing for the negotiation. There are tons of suckers who would pay whatever you ask of them -- great if you find them. On the other hand, there are those who do their homework, or those who just want an arbitrary price just to get satisfaction that they got a deal.

Ultimately, it all boils down to a pissing match in many cases. If you don't have "objective" price points from third parties (from which you will adjust upwards or downwards based on variance in quantity and circumstance), you will waste your time and likely get less than you deserve with more aggravation.

That just my $0.02.
Thanks, yeah you raise some good points, this was the first car that I've owned at this price point so it seems there's much more that's going into selling it than what I have had the experience selling in the past. I appreciate it!
 

Mick the Quick

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Thanks, yeah you raise some good points, this was the first car that I've owned at this price point so it seems there's much more that's going into selling it than what I have had the experience selling in the past. I appreciate it!
Anytime. Are you in MA too?
 


boosted180sx

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i've just check kbb, and in SF, trade in for my 2017 type R is around $34,000 with 21,000 miles...
the thing is, dealers will never look at kbb.
Back when i used to work at a dealership, I've dealt with many people who would always be disappointed because they didn't get what kbb said it's worth.

they look at things like blackbook and manheim and offer lower than that so in worst case scenario, they can still make money. However, there are situations where they will give you more if they already had a buyer for the said car and stuff.

This is real data on what a '17 CTR has sold for.
Honda Civic 10th gen Saying goodbye... Probably us2rq5X
 

UFO CTR

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SF Honda picked up a used 2018 with 2000 miles for $38k...the same person who sold the black Launch Edition Supra to SF Toyota for $80k...Don't ask me how he got $38k from a dealer...this broker across the parking lot from me must be sprinkling magic dust on the cars LOL :D
 

boosted180sx

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SF Honda picked up a used 2018 with 2000 miles for $38k...the same person who sold the black Launch Edition Supra to SF Toyota for $80k...Don't ask me how he got $38k from a dealer...this broker across the parking lot from me must be sprinkling magic dust on the cars LOL :D
yeah i'm not surprised. I've seen lots of weird deals.
Most of the time, it's having somebody already lined up for it. There are other factors though. One thing for sure is, they are not in it to help you get the most out of the car. They will not pay that high of an amount for no reason.

I've learned a lot about how things are in the 5 years or so i worked.
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