mdx is 3 months old with slight scratches at the rear door. driven for 2500 miles
i had put in almost half its value when mdx was bought... kbb does not have trade in value for 2008 model.
MDXs (unfortunately) do NOT hold up well in the books. If you only bought it 3 mo nths ago, you are likely well upside down too. did you put any cash down? did you trade in a car you were upside down on?
If you answered "no" to 1, and "yes" to 2, you are an owner for the long forseeable future
go to www.kbb.com - look up the TRADE IN value for your car - and evaluate it as being in average condition. then take $2000 off that and you will have approximately what your car is worth on trade.
EDIT - ah if it is a 2008, go to Edmunds.com and build an invoice for your car. Then deduct abouut 20% off invoice. That will get you close to the trade in value.
The problem with trading a current-year car is that the depreciation is greatest in the first year. As a buyer, there has to be a financial incentive to purchase a pre-owned 08 with 2500 miles and scratches. So, the resale value needs to be under current new value, therefore the big hit on first-year depreciation.
I know gas is high - but you will be taking a HUGE financial hit to sell out of the car now. The loss of value is biggest at this point.
Taking into account the difference in fuel economy, price of gas, and miles you drive, how long will it take you to break even, and recover the financial loss?
1996-00 Honda Civic Acura EL Vehicle Speed Sensor VSS, Hytec Water Pump 92 93 Acura Integra 94 95 Honda Civic, Magnetic Drain Sump Oil Plug Honda Acura Integra Type-R S2000 Civic Accord 90-, 88 89 90 91 92 93 94 95 96 97 98 99 2000 BLUE SHORT SHIFTER HONDA ACURA CIVIC, NEW FRAM CA9493 AIR FILTER FITS 2002-06 HONDA CR-V ELEMENT CIVIC ACURA RSX, MUGEN WHEEL VALVE CAP HONDA ACURA INTEGRA CIVIC FIT ACCORD TSX TL NSX INTEGRA DC, Acura RSX Honda Civic - Head Gasket 02-06, HONDA CIVIC & ACURA INTEGRA 1996-1998 Haynes Repair Manual, Lokar Throttle Cable Braided Stainless 48" Long Fits Honda/Acura Civic/Integra, AEM SERIES 2 PLUG-N-PLAY EMS ACURA RSX 02-04 HONDA CIVIC 01-05 CIVIC 92-00 w/K20, Honda Civic del Sol Acura EL Auxiliary Fan Motor #C244 , Honda Civic Acura Front Right Engine Motor Mount #6520, ACURA INTEGRA; HONDA CIVIC [Rear Pair] *DRILLED & SLOTTED* Brake Rotors, HONDA CIVIC DEL SOL ACURA INTEGRA M/T SHIFT BOOT BLACK RED, ALTERNATOR HONDA Civic 2.0L ACCORD ELEMENT Acura TSX 2.4L 2003 2004 2005 2006 , JDM Stainless Steel Downpipe for Acura 02-05 RSX DC5 EP3/Honda Civic Si T04E/B, RACING MANUAL 5SPEED SHIFT KNOB 88-00 HONDA CIVIC/DEL SOL/CRX ACURA INTEGRA BLUE, NGK 4363 PZFR5F11 Laser Platinum Spark Plugs Set of 4 Honda Accord Civic Acura, Honda Acura Civic EK Momo Steering Wheel Hub EG adapter Integra DC DA , BLOX RACING 5 SPEED SHIFT KNOB - NEO CHROME 10X1.5MM HONDA ACURA S2K CIVIC , TYPE R EMBLEM RED HONDA ACURA INTEGRA CIVIC ACCORD CRX DC2 DC5 EK EG Si RSX NSX, 4) HONDA CIVIC INTEGRA ACURA JDM 15 FACTORY STOCK OEM WHEELS RIMS CAPS 4x100, MY VTEC GOES / FUNNY / Decal / JDM / Honda / CIVIC / ACURA / USDM , 2 HONDA ACURA CIVIC SI RSX I-VTEC IVTEC ENGINE ALUMINUM EMBLEMS BADGES JDM PAIR, B16 B18 OEM Shift Linkage w Shifter B16A2 B18C1 Acura Integra GSR Honda Civic Si, 40 BUMPER CLIPS FOR HONDA ACCORD ACURA ODYSSEY CIVIC, Front Rear Bumper Retainer Clips For Honda Acura Civic, JDM RED ALUMINUM SHORT SHIFT SHIFTER 1994-2001 ACURA INTEGRA/88-00 HONDA CIVIC, 01-06 Honda Civic Acura EL RSX Cruise Control Module A3, DSM 450cc Turbo FUEL INJECTOR HONDA CIVIC ACURA INTEGRA b16 h22 b18 Resistor box, Evo 560cc Turbo FUEL INJECTOR HONDA CIVIC ACURA INTEGRA ls b16 h22 b18 miata , DSM 450cc Turbo FUEL INJECTOR HONDA CIVIC ACURA INTEGRA ls b16 h22 b18 miata , New Phantom Grip 901 Xtreme LSD Kit RSX/TSX/Civic/Accord Honda/Acura, Tyc Particulate Type Cabin Air Filter Honda Civic Acura TSX Acura RDX, Tyc Particulate Type Cabin Air Filters-2 Piece Honda Civic CRV Acura RSX, Tyc Driver Side Replacement Front Power Window Regulator Honda Civic Acura EL, HONDA CIVIC/CRX 1988-1991/ACURA INTEGRA 1990-93 Front Upper ADJ Camber BLUE, HONDA CIVIC/CRX 88 89 90 91/ACURA INTEGRA 90 91-93 Front Upper ADJ CamberPURPLE , HONDA CIVIC ACURA INTEGRA INGALLS FRONT REAR CAMBER KIT, Tyc Right Side Replacement Front Power Window Regulator Honda Civic Acura EL 4DR, HONDA CIVIC/CRX 1988-1991/ACURA INTEGRA 1990-93 Front Upper ADJ Camber BLACK , ACURA INTEGRA HONDA DEL SOL CIVIC NEW REAR SUSPENSION TIE BAR SUBFRAME PURPLE, ACURA INTEGRA HONDA DEL SOL CIVIC CRX NEW REAR SUSPENSION TIE BAR SUBFRAME RED, ACURA INTEGRA HONDA DEL SOL CIVIC CRX NEW REAR SUSPENSION TIE BAR SUBFRAME BLUE, ACURA INTEGRA HONDA DEL SOL CIVIC CRX REAR SUSPENSION TIE BAR SUBFRAME BLUE, AVID SHIFT LINKAGE HONDA CIVIC 92-00 ACURA INTEGRA 94-01 B16A GSR B18C EG EK DC2, ACURA INTEGRA HONDA CIVIC EG DEL SOL CRX SUB-FRAME LOWER TIE BAR REAR PURPLE, ACURA INTEGRA HONDA CIVIC EG DEL SOL CRX SUB-FRAME LOWER TIE BAR REAR BLUE, RC FUEL INJECTORS 1200cc 1200 ACURA INTEGCA HONDA CIVIC PRELUDE GSR B D SERIES, RC FUEL INJECTORS 1000cc 1000 ACURA INTEGCA HONDA CIVIC GSR OBD1 OBD2 B D SERIES,
Write a comment: