hey guys im new here and have been lurking around for a while, Im currently in the process of trading in my 2003 G35 in for a CPO 2002 S2000 with 9000 miles on it. It is in excellent condition and the dealer was askin 27 for it. I talked him down to 25700. Do you guys think that this is a decent deal for this car?? Ur help is highly apreciated.

 

257 out the door with everything included(TTL), then yes!

if its 257 plus ttl, then it is kind of high

right now you can get a brand new one for 29k out the door with everything

if you are paying it all at once w/ out financing, then you will save some cash, but if you finance it through Honda, it is a much better deal to buy a brand new one because interest rates are so low now plus IT IS MUCH CHEAPER TO FINANCE A NEW CAR COMPARED TO A USED CAR.

good luck

 

25,700 is under kbb (retail value from dealer)...

its dead on for private party value

 

I think its kinda high. I just bought a 04 for 30,000. Dealer cost is supposed to be 29,999 on the 04 so after destination, tax and fees i walked out at 32,800. My salesman told me they sold a 03 for really cheap because they are trying to get rid of them. I wouldnt buy an 02 personally with 9k miles for more than 23. I think if u are willing to pay around 27 for the 02 then if possible u should get the 04 for 30.

 

[QUOTE]Originally posted by webmaecker
25,700 is under kbb (retail value from dealer)...

 

s2khondaimport have u seen people get new ones for 29 out the door? that means they are selling it under cost for like 27. This number is kinda crazy to me because the 03 invoice is 29k and the 04 invoice is 29999. Is there something that im missing here?

 

I bought a NEW 2002 at the end of December '03 for 26k. I think you could get the dealer to go a little lower on a used one.

If you're buying from Planet Honda, WATCH OUT. They love to jerk people around with their "mistakes" that take money out of the customer's pocket.

 

I would say no. Jeff at Ganley advertises new 04's here for $31k and I think you could probably do around $30k for a new one - plus TTL.

I paid less than your deal for my MY2001 a year and a half ago and it had the alarm, CD changer, block heater, front spoiler, and storage pouch - and it only had 1,700 miles on it!

A lot depends on where you are located - folks in CA seem to pay more (for example). Open carrier shipping is pretty cheap as is getting an inspection done (if buying used) so if you can't get a good deal near where you live you can always look around.

Of course the magic words in your statement are "trading in". That really confuses and complicates the deal. Do you owe money on it? If so, it may be more than it is worth and part of the $25.7k is left over from the G35?

Dennis

 

Dont forget people that the market here in the Northeast is much different than it is if you were to buy a car down south or say out west That sounds like a good deal For this market anyway. I know for a fact that cars in general are priced lower in the south/west than they are here This is why they ask for your zip-code when you go to autotrader.com and similar sites

 

You should be able to get a better deal. I'm purchasing a 2002 S2000 from a dealer for $23,217. It has 5,595 miles and has had one owner. It's silver with black interior and in immaculate shape.

So you should be able to get it for less. Contact your bank. Ask them for the retail value of the car and the loan value. Try to get the car close to the loan value before tax, tag, title and other fees.