ADVICE ON SELLING A 2010 HONDA CIVIC WITH DAMAGE
Discussion
Hi all,
Am after some advice on selling a car with damage- husband and I can't agree.
We have a 1.8 Honda Civic (2010) with 28,900 miles on the clock.
My husband has been given a company car so we need to get rid of this one (still have £2,500 left in car payments which we will pay off).
The car is in perfect working order but has some damage:
someone knocked the passenger side mirror off so it is held on with duct tape
There is a smallish hole and scuffing to the bumper
There is a long deep scratch to the passenger side back door.
My research shows the car is worth around £6,500 in good condition for a private sale but the repairs would cost us about £1000 and there's no guarantee we'd get full value.
My husband wants to pay the money to have it repaired but I would rather knock the money for repairs off the asking price and sell it quickly.
We had a guy from Money 4 your motors come out- the online quote they gave was £6,400 but the valuer said he'd only offer us £3,000 due to the damage!!
We're hoping to make back as much money as possible (after we've paid off the £2.5k outstanding debt) and so I would happily sell it for £4,500- £5,000 for a quick sale.
Is this reasonable or what would you do? (we've never sold a car before).
Thanks
Am after some advice on selling a car with damage- husband and I can't agree.
We have a 1.8 Honda Civic (2010) with 28,900 miles on the clock.
My husband has been given a company car so we need to get rid of this one (still have £2,500 left in car payments which we will pay off).
The car is in perfect working order but has some damage:
someone knocked the passenger side mirror off so it is held on with duct tape
There is a smallish hole and scuffing to the bumper
There is a long deep scratch to the passenger side back door.
My research shows the car is worth around £6,500 in good condition for a private sale but the repairs would cost us about £1000 and there's no guarantee we'd get full value.
My husband wants to pay the money to have it repaired but I would rather knock the money for repairs off the asking price and sell it quickly.
We had a guy from Money 4 your motors come out- the online quote they gave was £6,400 but the valuer said he'd only offer us £3,000 due to the damage!!
We're hoping to make back as much money as possible (after we've paid off the £2.5k outstanding debt) and so I would happily sell it for £4,500- £5,000 for a quick sale.
Is this reasonable or what would you do? (we've never sold a car before).
Thanks
To achieve the most return my advice would be list it on eBay as a 7 day auction with a starting price of £4500.
Write a frank and honest description, pretty much as you have done in your post.
Include all round pictures of the car including close ups of the damage.
You'll get bids from people that aren't concerned about the damage, or from someone that has the ability to repair it and make a profit.
Write a frank and honest description, pretty much as you have done in your post.
Include all round pictures of the car including close ups of the damage.
You'll get bids from people that aren't concerned about the damage, or from someone that has the ability to repair it and make a profit.
Banner said:
To achieve the most return my advice would be list it on eBay as a 7 day auction with a starting price of £4500.
Write a frank and honest description, pretty much as you have done in your post.
Include all round pictures of the car including close ups of the damage.
You'll get bids from people that aren't concerned about the damage, or from someone that has the ability to repair it and make a profit.
Thanks- will look into it Write a frank and honest description, pretty much as you have done in your post.
Include all round pictures of the car including close ups of the damage.
You'll get bids from people that aren't concerned about the damage, or from someone that has the ability to repair it and make a profit.
I could get the door and bumper painted for £50 a panel and a 2nd hand mirror (in the correct colour) is probably about £40-£50. So that's £150 to sort it out.
My point is, it'll be worth more to someone else who can repair it cheaply. No point in you paying top whack to get it repaired.
My point is, it'll be worth more to someone else who can repair it cheaply. No point in you paying top whack to get it repaired.
Escy said:
I could get the door and bumper painted for £50 a panel and a 2nd hand mirror (in the correct colour) is probably about £40-£50. So that's £150 to sort it out.
My point is, it'll be worth more to someone else who can repair it cheaply. No point in you paying top whack to get it repaired.
Thanks- that is my thinking. Someone with know how can fix it up for a fraction of what we'll be charged and so everyone's a winner.My point is, it'll be worth more to someone else who can repair it cheaply. No point in you paying top whack to get it repaired.
Where would you list it for sale???
Ebay. How bad does it look? If it's just slightly tatty, just advertise it normally, it's likely that someone will buy it who doesn't care about the damage. If it looks shocking and is going to put any normal Civic buyers off, you need to list it with spares or repairs, unrecorded salvage, etc in the title so it gets noticed by people who buy cars to fix up and sell on. I don't suppose it's bad enough to warrant that.
Escy said:
Ebay. How bad does it look? If it's just slightly tatty, just advertise it normally, it's likely that someone will buy it who doesn't care about the damage. If it looks shocking and is going to put any normal Civic buyers off, you need to list it with spares or repairs, unrecorded salvage, etc in the title so it gets noticed by people who buy cars to fix up and sell on. I don't suppose it's bad enough to warrant that.
It still looks good, just a bit tatty- certainly not an embarrassment to drive or anything. I thought Ebay might be a dodgy place to buy/ sell cars but i'll have a look.Thanks
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