Hey guys. Before I ask, I know that there are variables involved and that an exact answer is impossible to give. That said, what kind of trade in might I expect on my 02 black/red with 23,500 miles? I need something more practical and I might even just get 2 civics at once. I'm hoping buying two cars at once will help with the trade in or negotiated price of the new cars.

The s2k is in good shape except for a scratch on the door where someone keyed me.

 

www.kbb.com

www.edmunds.com

These are the locations that your dealer will get information from. These sites will give you a more accurate answer than anyone's guess here.

In a private sale it's a bit different, but for trade-in it's out of your hands.

That does NOT mean you can't negotiate, but this IS where the dealer will start.

 

I looked at edmunds, but dam it looked low. THe S was not supposed to depreciate like it has...

 

You'll be lucky if you get $20k.

 

use kbb

 

you gonna get different responses from different dealers on this one... just get kbb price and try to negotiate higher based on multiple sales.

btw, you would likely save 2-3k by selling it yourself.

 

Yea, I realize that, but I'm upside down on it right now and I wanted to roll the difference into the new car financing. I also remember what a hassle it was to privatly sell my last car.

 

you gotta sell it yourself - otherwise you will be upside down on your new loan for YEARS...

i just went through the same thing. i owed $1200 on my miata above the kbb private party value, and about $3k over trade in. i got a GREAT deal on an S and figured it would be worth paying the difference, but if i rolled the $3k into the new loan, i would be upside dowin on the S

anyway, since i owed money on the miata, it didnt hurt me financially to keep paying on it until it sold because i was paying down the balance of the loan. the only loss was insurance and interest on the loan, but over 2 months thats like a couple hundred bucks, versus THOUSANDS $$$.

its a PITA, but well worth it in the short AND long run

 

few words...
They use Kbb as a guide, and will probably give you 1000 to 1500 under Kbb. They will say Kbb isn't writing the checks we are, or this is the price these cars are going for at auction.

If you do trade in, at least here in AZ, they don't make you pay sales tax on the amount of your car. So if you buy a 30,000 dollar car, and you are trading in your car for 18,000. you only pay sales tax on 12,000. But that might be different depending on where you live.

Last thing, when you buy two cars at once, it makes it blurry on what kinda deal your getting cause there are so many factors envolved. It could just hurt you in the long run.Just go in there with edmonds and Kbb. know what you want to pay and shoot for those numbers, or leave. hope that helps a little.

 

NADA Guides say's $22,650.
http://www.nadaguides.com/Values/ValueCate...r=2002&ColorId=