How to value?

Old Oct 19, 2022
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How to value?

I have a 2005 Civic EX. It's in excellent condition with only 25,000 miles on it. I've tried some of the online valuation tools, and the valuation is all over the place - ranging from $2,500 to around $6,000. I suspect it may be worth more than that. It gets driven about 200 miles a year now and is garaged when not in use. I'm not sure it's ever seen rain! The engine looks brand new.

How do you value an older car with so few miles and use?

Appreciate any ideas!
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Old Oct 19, 2022
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Re: How to value?

Assuming it’s never had the timing belt or anything else maintained, it’s hard to value above the $6,000 mark. If everything was up to date, then you may be looking more.

Unfortunately, even it good condition, these are not sought after.
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Old Oct 19, 2022
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Re: How to value?

Originally Posted by FRSam
Assuming it’s never had the timing belt or anything else maintained, it’s hard to value above the $6,000 mark. If everything was up to date, then you may be looking more.

Unfortunately, even it good condition, these are not sought after.
Thanks, - FWIW, the timing chain was replaced a few years back.

bert
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Old Oct 19, 2022
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Re: How to value?

Originally Posted by bertsirkin
Thanks, - FWIW, the timing belt was replaced a few years back.

bert
If you have documentation for all the maintenance, that makes things a hell of a lot easier.
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Old Oct 19, 2022
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Re: How to value?

kelly blue book is usually a good place to start.

I got the value for a 2005 ex sedan automatic in excellent condition with 25k on the clock (for my zip code). Trade=in value is around the 5100-6400 mark, private party sale is 6200-8200. Realistically speaking, 4500-5000 is what I'd expect a dealership to pay out, and you can probably fetch 5500-6000 (if not more to the right buyer) in a private party sale. If you opt for the latter, I'd recommend starting with the highest KBB value and let the buyer negotiate down, but keep a "lowest possible sale price" in your head. I'd list it as 8200-8500 and let them talk me down to 6000ish.
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Old Oct 19, 2022
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Re: How to value?

Originally Posted by xRiCeBoYx
kelly blue book is usually a good place to start.

I got the value for a 2005 ex sedan automatic in excellent condition with 25k on the clock (for my zip code). Trade=in value is around the 5100-6400 mark, private party sale is 6200-8200. Realistically speaking, 4500-5000 is what I'd expect a dealership to pay out, and you can probably fetch 5500-6000 (if not more to the right buyer) in a private party sale. If you opt for the latter, I'd recommend starting with the highest KBB value and let the buyer negotiate down, but keep a "lowest possible sale price" in your head. I'd list it as 8200-8500 and let them talk me down to 6000ish.
Well, Kelly Blue Book quoted $3971, and I was sure it was worth a lot more than that. Your values seem more reasonable. I'll be selling it privately, so I'll probably shoot for $6000.

Thanks,
Bert
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Old Oct 19, 2022
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Re: How to value?

Just so you have some reference of what I got

Trade in, excellent condition

Private Party, excellent condition:


and, for kicks and giggles,
"Very Good" condition Trade in:

very good condition private party:

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Old Oct 19, 2022
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Re: How to value?

Originally Posted by xRiCeBoYx
Just so you have some reference of what I got

Trade in, excellent condition
...
This is what I got (mine apparently was for a "instant cash offer"):

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Old Oct 19, 2022
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Re: How to value?

ah, yeah, that'll do it. I almost never look at those. I always look at trade in/private party values
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Old Oct 19, 2022
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Re: How to value?

Originally Posted by bertsirkin
Thanks, - FWIW, the timing chain was replaced a few years back.

bert
there is no timing chain in these cars
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