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Fair price for this car??

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Rycois
Blessed with 2blue/2pink

Member since 12/05

13341 total posts

Name:
J

Fair price for this car??

A family member is selling us his 2000 4 Runner. Well maintained, about $60K miles.

$10K sound fair? I have no idea, but we trust this person obviously and know the car is in excellent condition.

Posted 3/23/10 12:50 PM
 
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mommy2Alex
3 babies for me :)

Member since 5/05

6683 total posts

Name:

Re: Fair price for this car??

Look it up in Kelly's Blue Book and see its book value.

Posted 3/23/10 12:54 PM
 

Blu-ize
Plan B is Now Plan A

Member since 7/05

32475 total posts

Name:
Susan

Re: Fair price for this car??

I agree about the blue book. My gut is telling me that $10K is too much money for a 10 year old car.

Posted 3/23/10 12:55 PM
 

GoldenRod
10 years on LIF!

Member since 11/06

26792 total posts

Name:
Shawn

Re: Fair price for this car??

http://www.edmunds.com/used/2000/toyota/4runner/11852/options.html?tmvaction=vdpresult

According to Edmunds (similar to KBB), if the vehicle has absolutely every accessory available, is the Limited 4WD version, and is in Outstanding condition (which no vehicle really is, unless it's a show car and polished and vacuumed every day), it is right at $10,000.

If there is even a slight ding in it, it's not Outstanding.

I think $10k is way too high, especially from a family member. Depending on the options, it should be closer to $8k, maybe $9k

Posted 3/23/10 1:03 PM
 

DiamondGirl
You are my I love you

Member since 7/09

18802 total posts

Name:
DiamondMama

Re: Fair price for this car??

That sounds really high to me...

Posted 3/23/10 1:26 PM
 

Pray4Baby2010
<3 Cutest Giants Fan

Member since 10/09

5796 total posts

Name:
MB

Re: Fair price for this car??

Do they have accurate records of all the maintenance?

Even if they do, I agree with pp- if its family they should be charging you less. Dh is selling his car to his sister- its worth $4-5k and we're selling it to her for the trade-in dealer value of $2500

Posted 3/23/10 1:32 PM
 

Kara
Now Zagat Rated!

Member since 3/07

13217 total posts

Name:
They call me "Tater Salad"

Re: Fair price for this car??

That sounds REALLY high to me for a 10 year old car, even though it does have low miles. I would go by the KBB value to get an idea of how much it is worth... but I don't think I'd pay anywhere near $10k for it.

Posted 3/23/10 2:33 PM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: Fair price for this car??

sounds high to me

I wouldn't pay that much for a 10 year old car

Posted 3/23/10 2:38 PM
 

DaniJude
You're My Home <3

Member since 11/06

14815 total posts

Name:
Danielle

Re: Fair price for this car??

I agree w/ the majority - high sounding to me.

Posted 3/23/10 2:40 PM
 

mrsboss
my little love

Member since 12/09

5054 total posts

Name:
Me

Re: Fair price for this car??

use nada.com and refer to the clean retail price. what model is it, the Limited, sr5 v6, 4cyl? there are like 6 diff models. any options like leather, etc???

Message edited 3/23/2010 2:48:04 PM.

Posted 3/23/10 2:43 PM
 
 

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