1995 Honda Accord wagon. 2.2 4cyl, auto, beige as it gets. Very solid body, SRS light is on, possible fuel leak. Odo reads 69k and frankly I'd believe it, but it is branded true mileage unknown.
What do you think the car is worth as it sits, as well as what it would be worth with the issues fixed and some bodywork (at least the hood)?
mw
HalfDork
12/9/11 7:50 p.m.
$700 & $1100 you didn't ask why
$1500 if you fix the hood.
$700 if you don't
$900 or so as-is $1300-$1500 fixed
Sonic
Dork
12/10/11 1:00 a.m.
I was thinking significantly more, like $1500 as is, $2500 if it were clean. Low mileage older Accords are easy to sell, and go for far more than you would think, especially the Wagons. That was the last really overly built Accord, and the last Accord wagon.
Have you run a Carfax? Could unravel the mystery including the SRS light. Any decent looking and running 4cyl Honda is going to bring $2,000 to $2,500. Accident history can devalue it by half.
A year ago I almost bought a '96 Accord wagon. That one was green, auto (there were no 6 cylinder wagons...guess Honda thought that would have been pressing the outer limits of an Accord's market...even tho Toyota offered one in the Camry) and it had 96 thousand TRUE miles. Yeah, I am an idiot. That car was the prototypical "one owner, driven by a little old lady", she wanted something bigger to haul her dog in, and when the dog no longer could ride, she wanted something smaller and traded it in at the shop where I bought my last 3 Hondas.
IF, if 69K was actual and proveable, fixing the hood could get you about $3K....depending on your market. Since the mileage is (apparently?) not proveable, and if you didn't fix the hood, it should still sell for at least $1,200. Depending on your local market.
To get to the point, that car was in Memphis (I think ANY car's price is very market driven) and it started out at $4K and sold for just under $3K. The only thing wrong (when I drove it, and I was assured it would be fixed) were doors that would not lock ( all Accord wagons have power locks, the driver's seat would not go back, apparently years of having one little old lady at the wheel had all but welded it to inches from the steering wheel, and a coolant leak that apparently came and went...they had tried to fix it 3 times for the lady and it kept coming back).
I also recently saw a '92 Accord wagon for sale here in Fl. with 127K on it. That was an EX, and the private seller on CL was asking $1,200.
where i live, that would bring over two thousand just the way it is.
all dialed in, i wouldn't be the least bit surprised to see something between 4 and 5 on it.
pimpm3
Reader
12/10/11 6:42 p.m.
If the mileage is correct that is easily a 4k car fixed. It would bring 2k as it sits with TMU pretty quickly if it runs and drives well especially when you consider we are a month from Tax season when cheap cars become harder to get.
ddavidv
SuperDork
12/11/11 7:02 a.m.
kbb.com, private party value. Then start subtracting the costs of repairing the issues (at about 50% of the actual cost, because this doesn't affect the value dollar for dollar).
Don't know about where you live, but around here Accord wagons are hot items. The value on that thing would be at least $1500 as it sits.
Well, it's a recent trade in at the dealer I work for. Been thinking about trading my crappy Subaru for it, since the Accord is in MUCH better shape. My price is $950, but I happen to know we took it in for $500. Would run it for the rest of the winter then try to fix it/sell it in the spring. My Subie is basically worth its weight in scrap