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When's the best time to sell/trade in 2k1 civic

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Old 06-23-2002
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When's the best time to sell/trade in 2k1 civic

I have a 2k1 civic lx and I'm already thinking about the future of my next car! What would be the best year to sell/trade in my car so I minimize depreciation loss, and maximize resale price? I sometimes wonder if I shoulda bought a used car instead of brand new so I loose less depreciation off the first year. Any ideas and input into this is greatly appreciated. Thanks!!!!

Old 06-23-2002
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You should not lose a lot on the civic around here (in the south) 2k1s sell for about as much as they did when they were new...
Old 06-23-2002
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Civics have great resale values and you should not loose to much with in the next 4-5 years
Old 06-23-2002
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Hondas hold their value pretty good so there isn't much to worry about. As with any car keep the mileage down if you want to optimize the resale value. Also it helps to get ahead on your payments so that what they offer you for a trade-in doesn't leave you in the hole.
Old 06-23-2002
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i would think anytime before the 8th gen civic comes out. not sure tho?
Old 06-23-2002
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When im ready to get rid of mine, im going down south then
Old 06-23-2002
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i have 14000 miles think i could get 16 on a trade in?
Old 06-23-2002
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i doubt it, for a 2k2 EX, probably 15 tops.
Old 06-24-2002
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sell it before the next gen civic
Old 06-25-2002
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yeah d00d the civic loses most of its value for the next five years in the first year, then after that you can expect about 800-1000 drop per year so before the new model civic come sout and lets sya you bought ur civ for 16000 new itll probably be worth around 10 k after 4 years if you have moderate mileage.
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