Buying a used Honda crv
Looking at used suvs. Saw some 2001 and 2004 that were
around $6000 with around 150k miles. Still a good
price/investment?? Seems a little above blue book. But if I
really like the car and take care of it - does getting one that
old not matter? I can't take on a new car payment. And
don't want to spend more than $6 or 7K on a used vehicle.
Any input would be great! Thank you - stay safe!!
Book value should be a good guide and those prices change with condition of vehicle. Above book value is fine if the car offers something to deserve it, like new tires, struts, and brakes. If you shop and wait, you will always find a decent deal on a good car. So maybe that $7.000 CRV will be available for $5,000. If you're cost conscious and intend your next car for long term, you might look at sedans instead. Maybe a Toyota Camry or Honda Accord; and with sedans, you can look at newer vehicles. Sedans are less popular during this SUV craze.... Whatever you choose, have a mechanic review it prior to purchase; might be the best $100 you ever spent.