Anyone trade in their ITR? If so how much did you get?
I was wondering if anyone has traded their R in at a dealership and if so how much did you get. Basically I want an S2000.
Oops.
Kbb.com:
"No Value Available
At this time Kelley Blue Book does not have the necessary data to assess this vehicle. Ample turnover must occur in the marketplace before Kelley Blue Book can report a value for this vehicle."
Kbb.com:
"No Value Available
At this time Kelley Blue Book does not have the necessary data to assess this vehicle. Ample turnover must occur in the marketplace before Kelley Blue Book can report a value for this vehicle."
You have to use the used car retail pricing to find out the value.
http://kbb.com/kb/ki.dll/kw.kc...AC;AR&
http://kbb.com/kb/ki.dll/kw.kc...AC;AR&
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by mstewar »</TD></TR><TR><TD CLASS="quote">you're better off selling it on your own, i can tell you that much..
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Private sale will beat trade in any day hands down... especially for a rare car like the R, market price beats book value by quite a bit most of the time. I'm sure there are more than a few civic and LS drivers would jump at the opportunity.
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Private sale will beat trade in any day hands down... especially for a rare car like the R, market price beats book value by quite a bit most of the time. I'm sure there are more than a few civic and LS drivers would jump at the opportunity.
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<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Mires »</TD></TR><TR><TD CLASS="quote">I was wondering if anyone has traded their R in at a dealership and if so how much did you get. Basically I want an S2000.
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Probably ~$14k or less, especially if you're looking at a new '04 S2000. I got offered $13k for my '01 w/ 27k miles a few months back at a Honda dealership (was looking at an Insight lol). I told them to fock off. lol.
</TD></TR></TABLE>Probably ~$14k or less, especially if you're looking at a new '04 S2000. I got offered $13k for my '01 w/ 27k miles a few months back at a Honda dealership (was looking at an Insight lol). I told them to fock off. lol.
Thank god you told them to **** off Sean.
Sad part is, he got offered a good amount for his. Carmax wouldve offered less than 11k
Sad part is, he got offered a good amount for his. Carmax wouldve offered less than 11k
Carmax is a rip off.
Not like it is the creme of the crop car, but a few months back I tried taking my 98 Cadillac Catera there with only 29k on it and they offered me 3800 for it. Car is like 30 grand brand new..
You will always get more for it if you sell it outright.
Also, I had a dealership offer me 6k for my 2000 civic si that was really clean. I ended up just getting rid of it for 10k..
Not like it is the creme of the crop car, but a few months back I tried taking my 98 Cadillac Catera there with only 29k on it and they offered me 3800 for it. Car is like 30 grand brand new..
You will always get more for it if you sell it outright.
Also, I had a dealership offer me 6k for my 2000 civic si that was really clean. I ended up just getting rid of it for 10k..
like everyone said sell it. when i was looking to upgrade when i first got the car (glad i didnt), it only had 10,000 miles on it (2001 ITR) i got offered between 17,000 and 14,000 dollars
Yes, in general, you will get more for a car if you sell it on your own. However... there are at least two significant advantages to trading it in:
1. You don't have to worry about showing the car to lots of potential buyers, having them drive it, making appointments (with the possibility of no-shows), worrying about their finances, etc. It can be a hassle, and it can be risky.
2. In most states (with the notable exception of California), there is a sales tax advantage to trading the car in. For example, where I live, the sales tax is 8.75 percent. (Sounds like a lot, but our income tax is very low.) So let's say my ITR is worth $17,000 - I'm guessing that this might be a fairly typical price for a 2001 ITR in decent shape but with extremely high miles (how the heck did you put 85K miles on your car in less than three years?). And let's say I have the choice of selling the car myself and getting $17,000 for it, or trading it in and the dealer offers me $15,500 on the trade-in. Which is the better deal? Actually, they're pretty darn close. Because I would be paying $15,500 less for the S2000, I would be saving sales tax on the $15,500. If the S2000 is $32,000 I would only pay sales tax on the $16,500 difference, not on the full amount. So instead of paying $2800 in sales tax, I would pay $1,444 in sales tax. Even though the dealer would be paying me $1500 less for the car, I would get $1,356 in sales tax savings, so the difference in my pocket is only $144 in this example.
Do the math, figure out what your car is worth, and decide what to do based on the numbers and your own inclination.
I have sold a few cars privately and got very good prices for them - much more than from a dealer.
The trick is to initially use email (not telephone, which will just attract lots of time wasters) and to ask the prospective buyer lots of questions to see how serious they are. If they are serious about buying the car they will not mind answering lots of questions.
In my experience, most people who respond to an ad are not serious about buying - they are just fantisizing about buying. You have to weed them out to save yourself time.
The trick is to initially use email (not telephone, which will just attract lots of time wasters) and to ask the prospective buyer lots of questions to see how serious they are. If they are serious about buying the car they will not mind answering lots of questions.
In my experience, most people who respond to an ad are not serious about buying - they are just fantisizing about buying. You have to weed them out to save yourself time.
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by norice »</TD></TR><TR><TD CLASS="quote">In my experience, most people who respond to an ad are not serious about buying - they are just fantisizing about buying. You have to weed them out to save yourself time.</TD></TR></TABLE>
True.
What's worse than those "tire kickers" is the "lowballers". Some of them will argue with you ad infinitum about your price, in the hopes that they can "steal" it for a price substantially less than it's actually worth.
True.
What's worse than those "tire kickers" is the "lowballers". Some of them will argue with you ad infinitum about your price, in the hopes that they can "steal" it for a price substantially less than it's actually worth.
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by nsxtasy »</TD></TR><TR><TD CLASS="quote">
True.
What's worse than those "tire kickers" is the "lowballers". Some of them will argue with you ad infinitum about your price, in the hopes that they can "steal" it for a price substantially less than it's actually worth.
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True.
What's worse than those "tire kickers" is the "lowballers". Some of them will argue with you ad infinitum about your price, in the hopes that they can "steal" it for a price substantially less than it's actually worth.
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Sell it yourself, people are paying a arm and leg for these cars. *dumb IMO* but thats what people are willing to pay.
Wow.. didn't know the price for the ITR was that low..
Was thinking of trading in a 1997 ITR with 65k miles for a BMW now I have to consider
I guess since the wrx, sti, evo came out, and all those cheaper "powerful" car out there, the ITRs are not that rare any more
Was thinking of trading in a 1997 ITR with 65k miles for a BMW now I have to consider

I guess since the wrx, sti, evo came out, and all those cheaper "powerful" car out there, the ITRs are not that rare any more
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by HondaMugenTypeR »</TD></TR><TR><TD CLASS="quote">Wow.. didn't know the price for the ITR was that low..
Was thinking of trading in a 1997 ITR with 65k miles for a BMW now I have to consider
I guess since the wrx, sti, evo came out, and all those cheaper "powerful" car out there, the ITRs are not that rare any more
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No, the price hasnt dropped. The value of our car is dictated by what buyers will pay, not by what car dealers will pay. Search this forum, the forsale forum, ebay, and autotrader.com to get a better idea. I would say a 97 with 65k in good condition could be worth 15k.
Was thinking of trading in a 1997 ITR with 65k miles for a BMW now I have to consider

I guess since the wrx, sti, evo came out, and all those cheaper "powerful" car out there, the ITRs are not that rare any more
</TD></TR></TABLE>No, the price hasnt dropped. The value of our car is dictated by what buyers will pay, not by what car dealers will pay. Search this forum, the forsale forum, ebay, and autotrader.com to get a better idea. I would say a 97 with 65k in good condition could be worth 15k.


