I just purchased my 98' HX 15 months ago for $5200 with 82,000 miles (in average condition). At the time the Edmunds/Blue Book for a private party was about $5600 (from memory).

I'm ready to sell this car because its my 2nd car. It's now got 106,000 miles on it. The Edmunds site now says it should sell for about $2700. That seems like a huge drop in a short time.

I've seen on various Craigslist a 98' HX (all with higher mileage than mine) being advertised from $3900-$4900.

Why such a huge drop in Edmunds price? And are the people offering it at the $3900-$4900 price out of their mind or is that a fair market price right now and Edmunds is way off base?

Also, the HX is one of the highest MPG cars available that isn't hybrid and with gas the way it is I think the HX would be a coveted car right now.

 

if its pretty much In the same condition and verything works properly, sell it at the price you want. people will buy cars Especially if the car In mind is getting more than 35mpg. sell it at the price you want forget edmunds.

 

big drop in book value at 100K is my guess.

Doesn't matter. Value is relative, and always equals exactly what someone is willing to pay for it.

 

i can almost guarantee you that someone will pay in the range you are looking for. its a honda. it'll run forever. and get good gas milage along the way