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How much is my car worth?? should I sell?
#1
How much is my car worth?? should I sell?
So here's the deal. I took my car in today to get it's first set of replacement tires (555 Nittos) and the manager at the tire store asks me if I want to sell my car. I tell him everything is for sale at the right price and leave the car for the tires and alignment. When I come back to pick it up, he shows me a preapproval letter from his credit union for $19,500 and says he will give me $3,500 in cash for my car plus the credit union proceeds. So now I am thinking about it, however I really love my car and planned on keeping it...but I do have other cars so???
Here's what I have: 2007 Black Mustang GT convertible California Special (two tone interior, polished 18" wheels, etc.) Black Canvass (not vinyl) top,Dealer installed Roush Supercharger w/ small pulley upgrade (425 hp dyno'd), Eibach sway bars, Solid rear lower arms, JL subwoofer and speakers with 1400 watt amps installed by Audio Excellence in Orlando and 26,000 miles. I am an adult and car nut so the car has never been raced and literally looks like it did when it came out of the showroom.
Is the car worth $23k, or more, or less?
Here's what I have: 2007 Black Mustang GT convertible California Special (two tone interior, polished 18" wheels, etc.) Black Canvass (not vinyl) top,Dealer installed Roush Supercharger w/ small pulley upgrade (425 hp dyno'd), Eibach sway bars, Solid rear lower arms, JL subwoofer and speakers with 1400 watt amps installed by Audio Excellence in Orlando and 26,000 miles. I am an adult and car nut so the car has never been raced and literally looks like it did when it came out of the showroom.
Is the car worth $23k, or more, or less?
#4
Im sure he's got something in his mind. If he didnt, then he would have told the guy, its not for sale. I also think he was expecting more or he wouldnt be thinking so hard about it. Ask yourself this, if he offered 30, would you stop to think or would you have jumped on the deal? Give another year to the fact and you probably will lose the 5k difference, besides how hard would it be to find someone to take your car for 25k today, other than th obvious guy?
#8
Thanks for the responses guys, here's what I am trying to say. I truly don't know what the car is worth. If say it's worth $18k, then I would take the $23k (try to keep the sound system though) and figure I am ahead. If the car is worth the $23k (or more?) then I will probably pass and enjoy it, since it is no windfall for me and I do love driving this car. I have a brand C black coupe that I alternate with so daily transportation is not the issue. Does that make better sense?
#9
Uh, well...ok "iluvmycar" you busted me. I ran the car one time after I upgraded the supercharger just to see what would happen (high 12's with a crappy driver (me) and poor 60' time) but just once, I swear....
#10
Try kbb. Then add $2-3k to your car for the blower?
I have an '08 GT Convertible. From a private party (if I so wanted), I could sell it for about $23k. I wouldn't though, because my car is worth WAAAAY more than $23k to me.
I have an '08 GT Convertible. From a private party (if I so wanted), I could sell it for about $23k. I wouldn't though, because my car is worth WAAAAY more than $23k to me.