47,000 miles. Owe $22,850. Excellent condition, great car, but I no longer commute so I don't need the 50+MPG or HOV rights. I am willing to take a little bit of a loss to get the payments gone. Grey exterior, Tan Interior, lots of space for a "commuter" car. Am willing to work something out with someone on the East coast for a pickup, but elsewhere would have to be a "ship the car" situation. Please reply to crp0004@yahoo.com with questions or for pictures.
2007-04-09 08:33:03 · 2 answers · asked by crp0004 1 in Cars & Transportation ➔ Buying & Selling
First don't use Yahoo answers as want ads.
Second, your car is only worth what it's worth. That's defined by what others will pay for it. If you owe more than it'll sell for, that's called "upside down". That happens when you let the dealer sell you a bunch of extra stuff (rustproofing, scotchgarding) and fold it into the financing, or if your trade-in is already upside-down and the dealer just folds the owed money into your next financing.
I recommend against being upside-down, as it's a very difficult hole to dig yourself out of. But then, I'm not the guy collecting interest on your loan.
Now, MSRP for a 2007 Prius is $23,070, so why would someone pay you that much for a used one? Unless that carpool sticker is worth a lot. If so, market that car to people who find the carpool sticker valuable. I.E. locals. It's worth nothing in California, we have different stickers.
2007-04-09 08:48:08 · answer #1 · answered by Wolf Harper 6 · 0⤊ 0⤋
did you look up the price on www.kbb.com and see what the value of the car is? I was thinking for that kind of money, you could get a new one. You maay be upside down on this car and just have to keep it and make the paymetns or sell it for less. Good luck The Kelly Blue Book on it is $17,600 if it looks like new and is in excellent condition.
2007-04-09 15:42:41 · answer #2 · answered by Fordman 7 · 0⤊ 0⤋