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Sub $5000 SUV's - In demand?

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  • Sub $5000 SUV's - In demand?

    Well after coming back from our camping trip this past weekend, my wife and I have decided to purchase a "new" used SUV.

    We currently have a 2002 Escape XLT with 121,000 miles on it. KBB puts it at around $5000 excellent, so once I fix a few cosmetic things (crack in windshield, replace factory radio, new floormats) it will be a solid $4500 SUV.

    Are sub $5000 SUV's in demand now or have the gas prices kept people from getting them?

    It gets 19 - 20 mpg, so not steller, but good for a SUV that can tow a Jayco camper.

  • #2
    I assume that is retail/private party? Prices are really whacked out right now, shitty $500 cars are selling for $3k, so who knows. Price it at book retail and see what happens.

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    • #3
      Everything used is in demand right now.

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      • #4
        Originally posted by Ratt View Post
        Everything used is in demand right now.

        This could open up cans of worms you wished were closed.

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        • #5
          Originally posted by Sean88gt View Post
          This could open up cans of worms you wished were closed.
          Haha.

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          • #6
            I would think with summer approaching SUV's would be a little lower in demand even being pre-owned.

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            • #7
              Originally posted by bjtheman1 View Post
              I would think with summer approaching SUV's would be a little lower in demand even being pre-owned.
              People go on road trips more these days on summer vacation, so maybe decent demand due to needing to fit in kids, luggage, & pets?
              sigpic

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              • #8
                I sold a 2002 Escape XLT with 135k miles on it for $4k about sixe months ago.
                There was a ton of interest and it sold within a few days.

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                • #9
                  Sheriff's posse's on my tail cause I'm in demand.
                  "If I asked people what they wanted, they would have said faster horses." - Henry Ford

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                  • #10
                    Originally posted by Mike View Post
                    I sold a 2002 Escape XLT with 135k miles on it for $4k about sixe months ago.
                    There was a ton of interest and it sold within a few days.
                    That is very good news for me. I have one of the rare wives that doesn't leave the kitchen unless we are camping, and even then, she's in the camper doing 60mph making me a sammich.

                    Needless to say she took care of her car.

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                    • #11
                      Originally posted by IHaveAMustang View Post
                      That is very good news for me. I have one of the rare wives that doesn't leave the kitchen unless we are camping, and even then, she's in the camper doing 60mph making me a sammich.

                      Needless to say she took care of her car.
                      You definitely won't have any issues unloading it then. I started at $4500 on this one with expectations of dropping down to around $3800 or so. The third people that looked at it called me back the next day and offered $4k.

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                      • #12
                        Well I dredged this thread back up to say if you have a used car, apparently you need to price it $1,000 above KBB.

                        Sold the Escape in 2 hours for my asking price. My phone nearly died from all the inquiries I was getting about it. I will admit, my ad was very detailed, I had 24 photos and the car was super clean...but wow.

                        Used car market is indeed whack...however in Athens, GA it is hurting. Got a 2008 MDX for around $6,000 under KBB with every option known to man on it.

                        Flying out Saturday to get it and drive it home.

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                        • #13
                          When I listed my wife's Mazda5, first people that called gave me asking and drove from Lubbock to Austin to get it. Said they had been looking for a while and everything near KBB were ragged out pieces of shit. Guess I should have asked more for it, lol

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                          • #14
                            $5k is a little high on it. $4K would be closer to actual value. Start it around $5k and let them jew you down a bit.

                            Originally posted by Sean88gt View Post
                            I assume that is retail/private party? Prices are really whacked out right now, shitty $500 cars are selling for $3k, so who knows. Price it at book retail and see what happens.
                            Not really, I have a lot of cars priced far below what they are worth and am having difficulty moving them.

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                            • #15
                              Originally posted by JC316 View Post
                              $5k is a little high on it. $4K would be closer to actual value. Start it around $5k and let them jew you down a bit.



                              Not really, I have a lot of cars priced far below what they are worth and am having difficulty moving them.
                              I think it is a little late and that would have been a bad idea since he got asking price.

                              CN

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