2010 Fit worth $1070 more than new!

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#21

05-19-2011, 09:46 PM

malraux

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Join Date: Apr 2010

Location: Louisville

Posts: 1,302

Quote:

Originally Posted by jjrbus

Ebay "completed listings" the real place to find what a car is worth

Anything is only worth what someone will pay for it.

I had been looking for a car for a long time. I could not believe the cars that did not sell on Ebay and kept coming up for sale time after time after time. Not just fits either, all the brands that I was looking at.

If I was going to list my 2011 Fit base on Ebay, I would list it for $18,999!

JIm

Given that ebay shows what cars sell for as well as don't sell for, its at least useful as a counterbalance to the kbb numbers.

#22

05-19-2011, 10:02 PM

hyperfit

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Join Date: Aug 2009

Location: Iowa

Posts: 166

KBB does seem somewhat high compared to ebay completed listings. But it's not that off, maybe 10 - 15%.

An '09 Fit with 32k miles went for $14,900. My '09 has 17k miles and KBB's for $16.5k.

So KBB could be closer than we think.

An '09 Salvage title still got ~$10k. That's impressive.

#23

05-20-2011, 12:03 AM

txmatt

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Join Date: Jun 2007

Location: Dallas, TX

Posts: 524

Carmax has 1 Fit within 100 miles of me. '09 Sport with 16k miles, auto, non-nav... $18.9k no-haggle pricing.

#24

05-20-2011, 05:31 AM

jjrbus

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Join Date: Apr 2011

Location: Florida

Posts: 235

Quote:

Originally Posted by txmatt

Carmax has 1 Fit within 100 miles of me. '09 Sport with 16k miles, auto, non-nav... $18.9k no-haggle pricing.

Trucar.com shows an average selling price for a BRAND NEW 2011 Fit Sport with auto of $18,579!!

I actually did better than Trucars Great Price on my Fit! But I have been around the block a few times

New 2011 Honda Fit Price Quote w/ MSRP, Dealer Cost & Invoice

I started out to buy a used Fit. The dealers are freakin nuts for what they want for used cars. It is not just Fits either, it is all cars. Almost like a used car bubble.
JIm 0311

#25

05-20-2011, 05:49 AM

jjrbus

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Join Date: Apr 2011

Location: Florida

Posts: 235

I went back and checked the 2011 Fit bas w/auto. Things have changed alot. Avg price paid $16,779! I paid $2000 less that that after the sunami. I've had my car about a month! When I bought mine Great Price for a base auto was $15,131. I cannot remember exact number but I paid under $15K

Trucar is pretty accurate, it is what people are actually paying for new cars!

New 2011 Honda Fit Price Quote w/ MSRP, Dealer Cost & Invoice

Appears its better to wait till fall to buy a fit. JIm 0311

#26

05-20-2011, 09:03 AM

BVictor

Member

Join Date: Jan 2011

Location: Missouri

Posts: 82

Quote:

Originally Posted by malraux

Wow, both kbb and nada have the private party value of my fit at over $20k. In theory I could make money selling right now. Econo-boxes aren't supposed to be investment cars.

damn, over $20K? My 2010 has 3500 miles on it (seriously) and private party value is $18.9k.