would you pay asking price for this car?
[Edited by dstates, 3/1/2009 10:41:13 AM]
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would you pay asking price for this car?
[Edited by dstates, 3/1/2009 10:41:13 AM]
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No. An eight year old domestic is not worth that much, just on general principle.
i listed it at 6,300 after doing some research on the car.
it retails at 7,700 with its excellent condition and low millage.
if someone were to buy this car and maintain it regularly (every 2500-3000 miles), it will easily last them another 10 years.
[just noticed title says 'mustant']
[Edited by dstates, 3/1/2009 10:51:35 AM]
If you're willing to put the money into it when it starts nickle and diming you. You can save overall by buying a newer car or a more reliable model.
Consumer Guide says that a 2001 in good condition should cost you between $5000 and $5800. Edmunds.com rates the reliability of a 2001 as average and it's "long term" ratings only cover the first four years, so this is well beyond that. MSN Autos red flags just about every engine component as a trouble spot.