I figure I'll get about half of its blue book value of $6K which would be about $3K but I've only got about 1 or $2K to put with it. Should I go ahead and get my new CR-V or wait and save more money for a better down payment. I put around 25K miles a year on it because I drive 56 miles round trip to work and take a trip to Fl. each year. I could sell it myself but that seems like more trouble than its worth.
2007-03-09 00:55:58 · 5 answers · asked by btweenatoms 2 in Cars & Transportation ➔ Buying & Selling
Trade in value on the LX in Good condition is $6,000, I'd not deal on a new vehicle with less than that offered unless your CR-V has some damage or issues. An Ex model brings about $1000 more. Assuming you have it paid off you should be able to have $7000 in cash and trade value towards your new vehicle. I'd also barter the price down at least $1000 if you can. Why trade though if the 2000 has no issues and is running like a top? Why get back into a new car payment if you don't have to?
2007-03-09 01:11:10 · answer #1 · answered by Sane 6 · 2⤊ 0⤋
I would avoid a car payment if at all possible. If you think about cars, they are a money pit if you finance them. Although I love cars =). Let's say you buy a brand new CR-V for 20 grand. And you finance it. In five years you will have a car that is worth 10 grand and you paid 26 grand for it (including interest). That's a 16 thousand dollar money pit. Ouch!
2007-03-09 01:29:32 · answer #2 · answered by en tu cabeza 4 · 0⤊ 0⤋
Keep driving your CR-V, and save your money. You have many, many more miles available out of that car, especially if many of them are highway miles, as it sounds. Even after you get a new one, I would likely keep that one and drive it to work, saving the new one for nights, weekends, and Florida.
2007-03-09 02:27:31 · answer #3 · answered by J.R. 6 · 0⤊ 0⤋
Sell it on ebay, should fetch over $5500. That's plenty downpayment on a new car.
I have a 1998 CR-V with over 120k miles and it sure it a great vehicle. I plan on driving it till 200k miles, just had timing belt/water pump replaced and all the hoses replaced. Still getting over 27mpg.
2007-03-09 02:34:51 · answer #4 · answered by Anonymous · 0⤊ 1⤋
I very own a Rav from Toyota! it particularly is extremely sturdy, yet small in case you have 2 8 3 hundred and sixty 5 days previous babies. you may bear in mind the human beings who would be on your motor vehicle. however the rav drives sturdy.
2016-09-30 10:35:56 · answer #5 · answered by ? 4 · 0⤊ 0⤋