What are the resale values currently?

[Type R Positive]

I would say if you want to sell it, sell it now. The second hand prices I have seen for Euro's are the same if not more than new prices. This could be due to the 3 - 4 month wait most people have to endure. you should definately get very high $30's for it if not $40k for it.

[EuroSip]

coluduna - maybe you are sounding a tad too harsh?

he said the euro was his 5th choice, well besides the liberty i wonder what the top 4 were?

Okay...i admit i do blow money quite easily...but i'm not spoilt...my parents used their income statements so that they could get it financed for me...and i make enough myself to change the car if i really wanted to...they don't lose much except for giving part info on their income...
Anyway...there were a few allowed choices...

Audi A4...dad's recommendation...shit drive though...
BMW 325i....i liked it...but you know...running costs is paid by me too so...
350Z....was about to buy it until i checked insurance and they said premiums will be over 8000....scared the crap outta me!!
Liberty GT...jerk at dealer....
then the accord....which parents said it would be a transitional thing...

So now...since a few weeks ago where i took my name off insurance....i've decided i can go for more risky cars...so thus...the want to sell the euro....don't get me wrong...i admit fully that euros are great cars...

[7th Gen]

so you're driving around uninsured? isn't that a bit crazy?

[coladuna]

The second hand prices I have seen for Euro's are the same if not more than new prices. This could be due to the 3 - 4 month wait most people have to endure. you should definately get very high $30's for it if not $40k for it.

Totally not true. You can get very good price for brand new cars from dealers. They do seem to put extremely high price for second hand Euros at the dealers, but I bet they'll still give some discounts because if they don't, they are actually more expensive than brand new ones!

Also, waiting period is definitely NOT 3-4 months. At most, it'll be 3-4 weeks. I got mine only a week ago and I only had to wait 11 days for mine. 3-4 months waiting period is a thing of the past when the car was first released.

Your best bet is to sell it privately and hopefully someone dumb enough to not know that you can get a good discount off a brand new one will buy it for very high price.

[Type R Positive]

11 day wiat.... I wish I was that lucky.

I was lucky enough to catch an order to japan, I only waited 2 and a half months! I have only had my car for a month now. You were most likely lucky to get a dealer allocated car that no one had snapped up yet.

In WA, second hand euro's are going at the same price as new. I don't think you can go in and buy one of the showroom floor yet. So, still a wait and it is longer than your 3 - 4 weeks. Honda has to build it, they can't keep up with demand world wide.

[baboo]

Euroslip,

here's an idea, send the car to WA and sell it there, you might get more $$. Since Type R+ had to wait for over 2 months for his Euro. It might be a good idea to get it over there.

I waited around 10 days to get my Euro, maybe dealers in the east coast gets more allocation on the Euros.

Always sell your car privately if you can, it's worth the trouble to get that few extra thusands! Dealers will describe your car like it's dirt and offer you a stupidly low price.

If you don't want to stuck with 2 cars (new & old) you can ask your dealer to put on the contract a trade in agreement. They will give you a certain timeframe to sell your car...eg 2 weeks to 2 months.. normally the timeframe of waiting for your new car.
if in that time you can't sell your old car privately, they will buy the your old car at a trade in price that you guys agreed on.

But yeah, Euros are selling like hot cakes, so it should be easy to sell it privately. Give it a go.

[~*b*~]

yeah man dont trade ur car in, dealers rip ya off silly, sell it privately if u wanna see what the value of ur car is now got to www.redbook.com.au dunno if its that reliable though

The private sellers/buyers area that you can access on redbook is accurate for private selling and buying. However they do not list the approximate pricing when you buy from a dealer. You should take note that dealer prices will always be more then what you pay for privately. This is due to CTP, Car tax, PD and a few other fees that dealers have to pay for. Other then that I can guarantee redbook is a reliable source on prices as we use it often at our dealership for average estimate when trading in vehicles.

[coladuna]

you were most likely lucky to get a dealer allocated car that no one had snapped up yet.

No. Mine came straight off the boat from Japan and went through the customs for 2 days and spent 1 day at the dealer getting it detailed. The build date of my car is August 2004.

However, I was told when I bought mine that the waiting period on standard Euro is slightly longer. Who knows? Maybe he was just trying to get me to buy a more expensive Luxury model.

I was going to buy from another dealer about a month before I bought mine and they also said the waiting period will be about 10 days.

[EuroSip]

I got mine like 3 days after we signed everything...and it was grey too...I know a lot of dealers say they have a waiting list...but somehow that didn't happen to the dealer we went to...anyway...i would probably sell it privately since that i know dealers rips people off like mad!! said my car was worth 29k now!!
must admit...if people wants to buy a euro contact me ^^
how many km's have you guys gone now?

[Slugoid]

My Euro has done around 13,400km. Got it around November last year. First batch of Euro's arrived June/July last year, so it's still a fairly "new" type of car. I reckon you could sell it for around $38-40K at least, as I have already seen a few Euro's on the trading post for around that price.

Off topic:
Since you've got enough dosh to throw around, and brave enough to go uninsured, try the RX8 or the STi. Both can satisfy your needs

[EuroSip]

My Euro has done around 13,400km. Got it around November last year. First batch of Euro's arrived June/July last year, so it's still a fairly "new" type of car. I reckon you could sell it for around $38-40K at least, as I have already seen a few Euro's on the trading post for around that price.

Off topic:
Since you've got enough dosh to throw around, and brave enough to go uninsured, try the RX8 or the STi. Both can satisfy your needs

The Rx8 was amongst one of my choices...but my parents thought it was too flashy to the point where i might become a target of some kidnapper....
As for the sti...i have a friend who has one...we trade cars to drive every now and then...so there's no need for me to get one....
To be honest...i don't really like flashy cars generally...just not worth the attention...

[eknine]

it doesn't matter if you sell it today, tommorrow or the next 3 year...you will see that the first 3 years is where the depreciation occurs the most <laffz>

and what makes you think the euro are less "powerful" when compared to the type r?