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Old 02-23-2013, 08:35 PM
 
438 posts, read 1,530,897 times
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I was checking out the KBB value of one of my spare cars that I drive on the weekend. I just spent $550 on 4 news tires and was thinking about selling it.

Here's the deal it's a 99 Nissan Maxima, it has 132k miles it's a rare 5 spd. it has leather seats, heated seats / dual power seats, side air bags, bose audio, allow wheels, spoiler, moon roof, etc it's in great mechanical cond, all maintence done on it CA car no rust.

It's total private party value is a whooping $2800... These cars are known for running 200k no problem, I just saw one listed today that had 300k original miles. It's a poor mans BMW, not a Ford Taurus, doesn't this seem low?
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Old 02-23-2013, 08:40 PM
 
808 posts, read 1,678,399 times
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3k for a car going on 14 years from a company which as far as I know, isn't known for having high resale value doesn't seem crazy.

What price range did you think it would fall in? And I'm not asking that sarcastically.
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Old 02-23-2013, 08:44 PM
 
3,493 posts, read 4,670,302 times
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You think you have problems?
lol, yeah, car values really get you if you're not paying attention.
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Old 02-23-2013, 08:45 PM
 
2,341 posts, read 12,037,754 times
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Quote:
Originally Posted by Lost Leaf View Post
I was checking out the KBB value of one of my spare cars that I drive on the weekend. I just spent $550 on 4 news tires and was thinking about selling it.

Here's the deal it's a 99 Nissan Maxima, it has 132k miles it's a rare 5 spd. it has leather seats, heated seats / dual power seats, side air bags, bose audio, allow wheels, spoiler, moon roof, etc it's in great mechanical cond, all maintence done on it CA car no rust.

It's total private party value is a whooping $2800... These cars are known for running 200k no problem, I just saw one listed today that had 300k original miles. It's a poor mans BMW, not a Ford Taurus, doesn't this seem low?
I don't want to be disrespectful, but I have NEVER heard Nissan called "a poor man's BMW." In fact, Nissan's don't exactly have a stellar reputation.

Basically, you have a 14-year old car with 132k for miles. It's a $2,500 car - if you're lucky.
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Old 02-23-2013, 08:54 PM
 
438 posts, read 1,530,897 times
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Quote:
Originally Posted by GarageLogic View Post
I don't want to be disrespectful, but I have NEVER heard Nissan called "a poor man's BMW." In fact, Nissan's don't exactly have a stellar reputation.

Basically, you have a 14-year old car with 132k for miles. It's a $2,500 car - if you're lucky.

Okay, maybe not so much Nissan, they actually used to make some decent cars but they've fallen along the wayside latley wit some cars made in Mexico. But these maxima's were actually made in Japan (unlike most Honda's and Toyota's of today). Late 90's Maxima is well known for durable engines, ask any mechanic. And as far as the BMW comment, I would take a 14 year old Maxima over a 14 year old BMW anyday.
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Old 02-23-2013, 08:54 PM
 
Location: WFNJ
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It is a 14 year old car that isn't rare. You should be happy that it is still worth almost 3k. You should just drive it till the wheels fall off.
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Old 02-23-2013, 09:01 PM
 
438 posts, read 1,530,897 times
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Quote:
Originally Posted by Praxis View Post
It is a 14 year old car that isn't rare. You should be happy that it is still worth almost 3k. You should just drive it till the wheels fall off.


It's rare becase it's the 5 spd, 95% out there are auto's. The late 90 's 5spd's are a cult class in the year 00 they changed the body style and it was much less popular.

It took me two years to find it.
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Old 02-23-2013, 09:05 PM
 
438 posts, read 1,530,897 times
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Quote:
Originally Posted by KnownUnknown View Post
3k for a car going on 14 years from a company which as far as I know, isn't known for having high resale value doesn't seem crazy.

What price range did you think it would fall in? And I'm not asking that sarcastically.

I'm thinking about $3,500. People are asking a lot more for their Honda Civics same age and mileage.
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Old 02-23-2013, 09:06 PM
 
808 posts, read 1,678,399 times
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I don't think you can expect more. I mean, if everything works, you still like the way it looks, and it's paid off with no car note, like said above, just keep the thing. Sounds like it's still got everything you need.

And hondas are known to have high resale value. Almost to the point that it doesn't make sense to buy a year old used honda, as it'll be the same price practically as a brand new one.

I can't say I've ever heard of Nissans having comparable resale value.
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Old 02-23-2013, 09:07 PM
 
2,341 posts, read 12,037,754 times
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Quote:
Originally Posted by Lost Leaf View Post
Okay, maybe not so much Nissan, they actually used to make some decent cars but they've fallen along the wayside latley wit some cars made in Mexico. But these maxima's were actually made in Japan (unlike most Honda's and Toyota's of today). Late 90's Maxima is well known for durable engines, ask any mechanic. And as far as the BMW comment, I would take a 14 year old Maxima over a 14 year old BMW anyday.
I wouldn't want a 14-year old BMW either.

I guess I'd suggest that you ask whatever price you want. If it's fair & reasonable, it will get sold. If not, the market will tell you want your car is really worth.
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