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Advice on Selling my 06 HCH

 
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  #1  
Old 03-07-2008, 08:04 PM
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Default Advice on Selling my 06 HCH

Hi everyone,

I've greatly enjoyed learning from everyone at this site. For the short term, I'm looking to trade in/sell my 06 HCH because my financial state is going to be changing and I need to remove the car payment.

It is an 06 HCH with 42k on it. Everything is in great working condition. I've been offered $13,000 to simply turn in the keys at a dealership.

Any suggestions from people as to the best way to sell the car? I've put it on craigslist and got a couple responses, but nothing panned out.

I'm open to any honest help.

Thanks so much
 
  #2  
Old 03-07-2008, 08:50 PM
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Default Re: Advice on Selling my 06 HCH

What area of the country are you in?
 
  #3  
Old 03-08-2008, 04:16 AM
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Default Re: Advice on Selling my 06 HCH

I just looked up the value on Kelly Blue Book and it seems the dealers offer isnt horrible, but you may be able to do better. I dont know what options you have so the figure is way off most likely, but I am sure you can negotiate with them on the price as there seems to be some wiggle room.

I sold my 02 Prius through Auto Trader online. I would say price it right and it will move fast.
 
  #4  
Old 03-08-2008, 05:15 AM
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Default Re: Advice on Selling my 06 HCH

Originally Posted by ericbecky
What area of the country are you in?
I live in PA.
 
  #5  
Old 03-08-2008, 05:29 AM
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Default Re: Advice on Selling my 06 HCH

I've sold a few cars on AutoTrader with good results.

Wait until this summer to sell your HCH if you can. When gas is $4, the hybrid will be worth more.
 
  #6  
Old 03-08-2008, 07:11 AM
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Default Re: Advice on Selling my 06 HCH

Originally Posted by 1stpik
I've sold a few cars on AutoTrader with good results.

Wait until this summer to sell your HCH if you can. When gas is $4, the hybrid will be worth more.
Would you recommend that even if I put about 500 miles a week on the car?
 
  #7  
Old 03-08-2008, 08:03 AM
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Default Re: Advice on Selling my 06 HCH

I would think almost any car you replace the HCH with is going to cost as much to fill the tank as your payments!.H
 
  #8  
Old 03-08-2008, 08:06 AM
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Default Re: Advice on Selling my 06 HCH

I'm looking at a car that still gets 35mpg. With a $380 a month car payment I'm still going to be saving some cash flow.

I'd agree that long-term it's not the ideal, and I'm hoping to get back to a hybrid in the future. I'm just looking at a pretty significant short-term cash flow crunch. It's not worth racking up credit card bills for things you can't afford at the moment.
 
  #9  
Old 03-09-2008, 07:05 AM
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Default Re: Advice on Selling my 06 HCH

Sorry, I enjoyed a bit of hyperbolic humor with the "wait to sell until gas is $4" remark.

If you're only driving 500 miles per month, sell it right away. In order for a hybrid to have any value, you have to drive at least 1,500 miles/mo. So the sooner you sell, the better off you'll be.

Fortunately, hybrids retain enough of their value that you should be able to sell for more than the $13,000 the dealer offered. Autotrader.com is a good place, and be sure to post lots of good photos.
.
 
  #10  
Old 03-09-2008, 09:09 AM
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Default Re: Advice on Selling my 06 HCH

Have you considered keeping the Civic and refinancing your loand to reduce your monthly payments?
 
 
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