Whats my car worth?........be nice

[Why]

I'm about to sell my car MY06 Liberty Spec B 3.0R manual wagon. 80000km full STi service history. It will be back to stock and the original wheels and tyres are almost new. I'm thinking $34,000..........thoughts????

Oh yeah thats with a tax invoice

[Ric]

I guess you already checked redbook, which says:
4WD 6sp Manual Premium Unleaded Multi-point injected 6cyl 3.0 3000cc
Average Private Price+ $35,600 - $38,900
Trade In Price Guide+ $29,900 - $33,200
Average km+ 40000 - 50000
Price When New (RRP)+ $53,990

[overl0ad]

red book is a guide.

just a guide.

[kaycy]

That's what Why needs, a price guide, isn't it.

Overl0ad, do you know an exact how much the car it's worth?

Ric, that's a good recommendation.

[Why]

Generally I found in the past that Red book values are way out to what you really get for your car as a trade. I was hoping someone had actually sold one.

[tangcla]

I think Redbook is based on what people declare on their vehicle transfer papers, so it's fairly undervalued.

Or is that Glass's Guide? One or the other.

[swingn]

Red book is a really good guide, although there are always varibles.

If you've got a full Subaru / STI service history, well you may feel that it adds to the value. On the other hand, if your car has slightly higher km's then the norm (Red Book) then it will decrease it. Condition is also very important, & that's something that Red Book doesn't exactly account for.

In the end its all in the eye of the beholder. The 2nd hand car market is all over the place at the moment.

If it was me selling the car, I would be setting my asking price from Red Book. Then it comes down to how fast you want to sell the car. The right buyer is always out there

[kaycy]

Generally I found in the past that Red book values are way out to what you really get for your car as a trade. I was hoping someone had actually sold one.

If you trade-in a car, a dealer will always offer you a low if not very low valuation for your car because (i think);

1. They have to sell it again (takes space on caryard and advertising as well)
2. They want a higher profit margin (more than on a new car sometimes)
3. They have to service ($300+ for a subaru) and detail it ($200+).
4. Probably register it again. ($400+)
5. other things I don't know about

Servicing (with STI or Backyard car mechanics) does not increase car value, not servicing it properly reduces it's value. Fancy accessories don't improve value either.

Someone in car dealing business might want to add a bit more to what I have said so far.

[moggy]

One thing to note is that while we have to register a car for 12 months a dealer can register a car for 6 months which is quite a saving. The Red Book is a minimum price guide for a dealer, what you actually get depends on a whole lot of variables such as how badly they want the sale, how many k's, overall presentation etc. If it's an old car or a shitbox then the dealer will give a minimum amount and chop it out to the wholesaler who will stick it through auction. If like you with a nice car, detail it your self first before seeking a valuation. Obviously if your not trading it in then a dealer will offer a low valuation. I think your own guestimate is probably close to the money.

Bob.

[Why]

One thing to note is that while we have to register a car for 12 months a dealer can register a car for 6 months which is quite a saving. The Red Book is a minimum price guide for a dealer, what you actually get depends on a whole lot of variables such as how badly they want the sale, how many k's, overall presentation etc. If it's an old car or a shitbox then the dealer will give a minimum amount and chop it out to the wholesaler who will stick it through auction. If like you with a nice car, detail it your self first before seeking a valuation. Obviously if your not trading it in then a dealer will offer a low valuation. I think your own guestimate is probably close to the money.

Bob.

Yeah I think its a fair price....and I will be selling it privately. Havent traded a car in a while now, have sold them all for about 4k more than I have been offered as a trade and have generally sold them to the first punter that see's them.


Now just need to take off all the good gear.

[deucer]

For a starting asking price, I think you're in the ballpark Why, give or take 5%... assuming the car presents very well and is in good nick mechanically. I wouldn't tell a prospective buyer that you take it to the race track though!

Cheers,
Deucer.

[Why]

For a starting asking price, I think you're in the ballpark Why, give or take 5%... assuming the car presents very well and is in good nick mechanically. I wouldn't tell a prospective buyer that you take it to the race track though!

Cheers,
Deucer.

It might have done a couple of track days but it gets the Mobil 1 changed every 5000km and serviced before each track day regardless of weather its due for a service. If people ask, I wont lie