Help Selling my 2010 Honda Civic Limite Edition

QUESTION

Hello John,

I listen to you on Radio 2UE. Is it possible to advise me on selling my Honda Civic 2010? It's a Limited Edition Vti 54,000km, one lady owner all logs done, excellent condition. No interest from Gumtree, Carsales, Carsguide. I have dropped price from $16,500 to $15,998.

Regards,

Gypsy Rose

ANSWER

Hi Gypsy Rose, 

I think your asking price is still too expensive, despite the price drop.

The manual 2010 Limited edition has a private sales price of $12,000 to $13,800 with 45,000 to 75,000 kilometres on the clock, in average condition.

Click here for the current Redbook report on that car. 

The automatic version of the same car has a price range of $13,100 to $15,000 with the same kilometres, and again in average condition.

Click here for the current Redbook report on that car. 

Go to www.redbook.com.au for more private research on used car values. 

Assuming yours is an auto, with the lower end of kilometres on the clock and the higher end of presented condition, the best you can hope for is $15,000. 

Sorry to be the bearer of bad tidings, but that's about the price the market will bear. I'd pitch it at $15k or just under on Carsales or Carsguide and see how you go. 

Sincerely, 

John Cadogan