Holy Crap Our Cars are Valuable!

[Whelan]

I did a KBB check a few months back and found my car was worth the 4-6k range (2005 Matrix XR AWD, 130,000 miles). I have heard that used-cars have hit a rare peak recently and checked again tonight.Private Party in Good condition ($8,890)WOW

[jake75]

It is crazy what they are asking for used cars. Economics are even more in favor of buying new.

[CAMOGIRL]

My 03 base with most of the bells and whistles booked out at 7250 when I bought it in Februay.

[Cougar Vibe]

I'm curbing my enthusiasm about KBB pricing, namely because I can't believe it (even though I known used car prices are through the roof):2005 AWD w/60K in excellent condition:Retail: $13,115Private: $11,415But on the other hand, I just sold my '97 Grand Caravan w/168K miles for $2500 cash; paid $2200 for it in '09. I washed & waxed it last weekend, put it up for sale on Wednesday, had a couple of dozen calls through yesterday and sold it last night. Now I'm sort of kicking myself for not holding out for $3K!

[beemerphile1]

Holy crap is right!Mine is valued at $14,700 for private sale.I only paid a little over $11,000 tax title and everything out the door new!When I bought mine the rebates and incentives were great together with Uncle Sam's Cash for Clunkers. I traded in a 1996 Grand Marquis with a value of $600 and got $4,000.

[bpcrally]

You can thank toyota for the high resale. We just bought ours and the Vibe is way more money than any other GM car!

[Blueridge9]

Whelan, Thanks for sharing this good news about the Vibes holding their value. I wondered what would happen to the value since they stopped building Vibes. I just checked the kbb.com site and my faithful 2004 w low mileage is currently worth $8220 from a private buyer and $6500 trade in value. Maybe more cause its Fusion orange . But its NFS.

[jamsandwich]

I knew it already, but it's nice to see a dollar figure to confirm I'm nicely above water on my '08 Can't wait to get clear of those payments!

[star_deceiver]

You got to remember one thing though - You still have to convince someone that $8K is worth it... for something 6+ years old with over 100000miles!

[Piggy]

03 Base Satellite, coming up on 196000 mi, private party of $6,075. Alot more than I paid for it,.... I'm a happy camper. Though I hate camping.... but never thought of camping in the Vibe... hmmm...

[lovemyraffe]

I just paid it off. I'm not selling...unless the price is right.

[ColonelPanic]

I recently saw a 2003 with 50-something thousand on the clock, they wanted $10k for the thing. A very basic 2010 with auto and 35k, listed for almost $16k. 2010 GT with 17k - $21,700. No good deals on Vibes or anything else used for that matter. Good time to sell used, buy new...

[Neouka]

I just sold my '03 with 210,000 km on it for $4000 even :3

[A Psycho Martyr]

psh....the Vibe is staying in my family for good....I'll never sell this thing.Sometimes I freak myself out thinking about how bad it'd kill me if I wrecked it I'm not even interested in resale numbers

[tpollauf]

Quote, originally posted by ColonelPanic »I recently saw a 2003 with 50-something thousand on the clock, they wanted $10k for the thing. A very basic 2010 with auto and 35k, listed for almost $16k. 2010 GT with 17k - $21,700. No good deals on Vibes or anything else used for that matter. Good time to sell used, buy new...This is just what I thought was going to happen. Back in early spring with threatening $5/gal gas, they said used car prices for small cars would go WAAAYYY UP ! That's when we bought our 09 GT w/36k miles for $13100 before any of this nonsense started to take over

[LavaIlliniVibe]

I just checked KBB a month ago, and my little 2004 Lava Vibe has gone up over $1000 in value in two years. I asked a used-car dealer friend about this, and they said, "when we get a Vibe in, we can't keep it on the lot"!!!!!!!! Vibe Power!!!!!!!!!!!!!!!!!!!