How much is your car worth?

Kelly Blue Book has been around forever. It's not TOO accurate, but it gives you an idea.
 
Where in the hell are you driving that you already have 220,000 miles. I have a 2000 VW Passat and it only has around 14 or 15,000!

My dad's car is a 1992 Mitsubishi Diamante and it only has around 88,000!

We drive like everyone else, but before we got our Passat, we drove our Ford around and that had the miles, then we started dribing my dad's car.
 
Slavin4U.com said:
MY CAR IS WORTHLESS!!!! LOL I have a 99' Altima with 220,000 Miles. They say I can sell it to someone for $5,030 - That's the dumbest thing I have ever read. LOL... I paid a little more than that when it had A-LOT less miles.

For tradein- its worth... $3,475 - that seems more right, but still seems way too high for a car with as much miles on it as I have.
Click to expand...

Your car is so low because the engine is about to explode. The average engine is expected to get 100,000 - 150,000 miles on it. I'm surprised it hasn't broke down on you yet- it will.
 
He is saying that his car is overpriced for what it is, not underpriced.
 
Nada

I just got rid of a '75 postal jeep. I couldn't even get the Salvation Army or 1-800-2-DONATE to take it. Off to the junk yard, their loss. :)
 
nice. my '90 geo metro with 206k miles is worth $400.

thats nice to know, seeing as how i am about to invest $500 in it to get a used engine put it in so i can pass smog. stupid strict socal smog check laws.
 
Actually I can vouch for nissan motors. the ka24de in his car has been known to run for a long time.. now if it was a ford or dodge, that would be an entirely different story.

The kbb value of an import (nissan/honda/toyota) with high milage is usually double that of a similarly equipped domestic (ford/dodge/chevy) which was bought new for the same price or more

Although the motor in your altima may have 200k+ miles on it, a new one with low milage can be aquired for around 300 dollars. Your mechanic friend could drop it in and your car would be running good as new for another 10 years +

As much as there is a 'buy american' idealism running around, a nissan/toyota/honda that has parts manufactured in Japan was built and assembled by Americans here in the states. Buying 'import' cars, which have shown to be twice as reliable as 'domestic' cars supports the American economy just the same as buying an 'American' car brand.

Just a little insight for anyone who cares.
 
davek- how much money do you save on gas in a year by driving that geo metro, as opposed to the average of 20 mpg of most other cars. That used engine will pay for itself in less time than you'd think.

Look at it this way:

If you drive 1000 miles in a month, and get ~40 mpg, you are consuming ~25 gallons of gas in a month.
If you get ~25 mpg and drive the same amount, you are consuming ~40 gallons in a month.

Assuming a gas price of 1.50 a gallon, the Metro would cost ~$37.5 dollars a month, or $450 a year.
The 'other' car would cost you about ~$60 dollars a month, or $720 dollars a year.
That's a difference of $270 dollars a year, and that's comparing to the gas milage of your average small-midside 4 cylinder sedan (25 mpg is good gas milage still)

Just think how much more you'd be spending in a 20 mpg car, or a 7-15 mpg v8!

I own a 35 mpg Subaru Justy, and the gas saved from not driving the two other cars (~18 and ~15 mpg) pays for all of the maintenence that the Justy needs. Pretty worthwhile for a 500 dollar car.
 
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