Fair price?
Originally Posted by Dr. Fob
Depreciation won't come into picture because it's never been registered. When you take delivery of the car, then it's value will go down.
Evolved Member
iTrader: (3)
Joined: Apr 2003
Posts: 1,907
Likes: 0
From: dublin, oxford, chillicothe OH
It makes sense that they wouldn't sell it at its 04 MSRP. This is 2005, with 06 models on the way. But 25k, which was originally named, just doesn't happen. That'd be what you'd pay for a low mileage, used 04 with leather. This one's never been driven.
I'm gonna say 28-30 is understandable. 2 or 3 grand off MSRP.
I'm gonna say 28-30 is understandable. 2 or 3 grand off MSRP.
IMO, your never gonna get an accurate answer from here because we're not the dealer.....every dealer is different, and since it is an '04, im sure they're looking to sell it for cheap. Just go over there, make them an offer (something practical), and if they give you something higher than your willing to pay, just walk out. I guarantee they'll call u back within couple days and give u the price u wanted! Im sure you could get it for under $30K, but you'll never get it for under $25K. Good luck bro!
I have seen a "03" in mint for 25 on the lot for a couple months. Most "03" s are less than 2 physical yr.s (for example, I bought mine in 7/03) old but will soon be three model old years old. New models will probably carry added mark up which artificially delays price decreasses for used or new out of date models. It really depends on what the dealer cost basis is and the market for the particular car. What the car you are considering is worth in your market is probably too complex for this site.
If it were me, I would come in with a cash on the table offer @ 27k, leave my phone number and wait for them to call.
BTW An unsold car can devalue when an improved model comes out. This depreciation is described as functioal obsolescence. This type of depreciatin can reverse if the new model has an unpopular change. For example, 1970 cars were replaced with smoged down versions in 1971. The "70"s Hi perf. cars were sought after.
If it were me, I would come in with a cash on the table offer @ 27k, leave my phone number and wait for them to call.
BTW An unsold car can devalue when an improved model comes out. This depreciation is described as functioal obsolescence. This type of depreciatin can reverse if the new model has an unpopular change. For example, 1970 cars were replaced with smoged down versions in 1971. The "70"s Hi perf. cars were sought after.
$3000 would be fair. I just saw an '04 with 400 miles selling 'new'. The dealer is asking $30500. Car has SSL. I would think that $29500 would be a great deal. Another dealer had a new 2005 that they were ready to make a deal on. We never got to pricing, but the salesman mentioned a few hundred over invoice. There seems to be plenty of 2005's around, and a few scattered 04's. I haven't made a move yet as I expect prices will drop as incentives go up. Current incentives (none, really) ended today. New ones should be announced within the next few days. Here's hoping for a deal on financing and/or rebates. 
BTW, I've been registered for over a year, but this is my first post. Looks like it might actually be "EvoTime"!

BTW, I've been registered for over a year, but this is my first post. Looks like it might actually be "EvoTime"!



