Okay, so my old van would cost way more to repair than it is worth.
2000 Honda Odyssey.
250,000 miles.
Problems are body (rust), needs a whole new exhaust system, got a bad sensor, lots of other issues.
BUT the engine is in pretty good shape. Three of the tires are in great shape. One is flat. Heat and AC work okay.
If I sell it for just scrap, I'll get around $150 to $200.
Really want more than that to go in my vehicle fund.
If I can only get 150-200, I guess I'll go with that.
Any suggestions on how much I should ask for? I can put it on facebook marketplace.
Or should I take whatever I can get from a scrapper?
Throw it on market place for 1000obo someone will most likely take it off your hands for that. Used car dealerships are at critically low supply, may want to maybe talk to one of them as well as see what they'll offer you. Maybe get in-house credit for a purchase when your ready.
Yeah, it's the best time in history to sell a car, supply is at record low levels, so stuff that normally wouldn't have any interest does right now. Typically your condition is what's referred to as a "mechanic's special", meaning it's going to need some work to be road legal. I agree with listing it on Craigslist or somewhere for a grand or $1,500 and be clear about the work needed. Someone with a welder and the motivation can work up a new exhaust pretty cheaply and more miles out of it. People love Hondas and are often willing to pay for ones that need work.
Another option is to donate to a local charity. They often write you a ticket for the full blue book retail value of the vehicle, which in most states you can use to offset your taxes on a replacement purchase. In my area the sales tax rate is around 10% so if they give you a value of $2,500 on a donation, that saves you $250 on taxes on the replacement car.
Good luck!
Quote from: PistolPete on June 30, 2021, 02:09:32 PM
Yeah, it's the best time in history to sell a car, supply is at record low levels, so stuff that normally wouldn't have any interest does right now. Typically your condition is what's referred to as a "mechanic's special", meaning it's going to need some work to be road legal. I agree with listing it on Craigslist or somewhere for a grand or $1,500 and be clear about the work needed. Someone with a welder and the motivation can work up a new exhaust pretty cheaply and more miles out of it. People love Hondas and are often willing to pay for ones that need work.
Another option is to donate to a local charity. They often write you a ticket for the full blue book retail value of the vehicle, which in most states you can use to offset your taxes on a replacement purchase. In my area the sales tax rate is around 10% so if they give you a value of $2,500 on a donation, that saves you $250 on taxes on the replacement car.
Good luck!
I live in New Hampshire.
No sales tax.
:smiley_clap:
Used car prices are up due to lack of chips... your 2000 might be worth more than you think.
I dunno though, since all my vehicles are 1997... maybe check Craig's list or kelly blue book first?
Quote from: Tony D Tiger on June 30, 2021, 08:00:06 PM
Used car prices are up due to lack of chips... your 2000 might be worth more than you think.
I dunno though, since all my vehicles are 1997... maybe check Craig's list or kelly blue book first?
Last I heard, KBB isn't reflecting the current state of things and still has vehicles listed at their all-things-are-normal prices. All things are not normal since the chip inside is currently worth more than most used cars would go for otherwise.
Lamby, call some dealerships and ask what they'd pay for it before you put it on Craigslist. Lots of cars are being bought by dealerships for ridiculous prices right now. Can't hurt to make a few calls to make sure.
ETA: My husband's 2007 Camry is covered in tree sap and bird crap and looks awful. The other day on his way home from work, a vehicle pulled up alongside him on the interstate at 70mph and the occupants were waving at him wildly. He thought something was wrong with his car and opened the window to them screaming at him to sell them his car. It was bonkers, as is the current market.
Quote from: Anianna on June 30, 2021, 08:28:57 PM
Quote from: Tony D Tiger on June 30, 2021, 08:00:06 PM
Used car prices are up due to lack of chips... your 2000 might be worth more than you think.
I dunno though, since all my vehicles are 1997... maybe check Craig's list or kelly blue book first?
Last I heard, KBB isn't reflecting the current state of things and still has vehicles listed at their all-things-are-normal prices. All things are not normal since the chip inside is currently worth more than most used cars would go for otherwise.
Lamby, call some dealerships and ask what they'd pay for it before you put it on Craigslist. Lots of cars are being bought by dealerships for ridiculous prices right now. Can't hurt to make a few calls to make sure.
ETA: My husband's 2007 Camry is covered in tree sap and bird crap and looks awful. The other day on his way home from work, a vehicle pulled up alongside him on the interstate at 70mph and the occupants were waving at him wildly. He thought something was wrong with his car and opened the window to them screaming at him to sell them his car. It was bonkers, as is the current market.
exactly.
...and good point on kbb probably not reflecting today's inflated values.
Just sold the van to the tow truck driver that was going to take it a mile down the road to a friends (for storage).
He was going to charge me 70 bucks for the tow...and he offered me 100 bucks for the van...so...
That works out to 170 as far as my budget this month is concerned, so I am happy!
Quote from: Lambykins on July 15, 2021, 12:00:30 PM
Just sold the van to the tow truck driver that was going to take it a mile down the road to a friends (for storage).
He was going to charge me 70 bucks for the tow...and he offered me 100 bucks for the van...so...
That works out to 170 as far as my budget this month is concerned, so I am happy!
You're happy, the driver's happy, and I'm sure even your friend is happier without a van sitting around.
More $ would have been better, I'm sure, but it still sounds like a good deal all around.
Sometimes being done with it has a value all its own that is hard to quantify.
A little late for this but these folks will pay cash for cars.
www.carmax.com but you have to go there.
www.givemethevin.com claims they will beat Carmax and give a quote online