I have a 1999 Honda CRV - good condition with 119,000 miles - if I wait another year to trade in will I be loosing much? Assume I'll put 15,000 + more miles on this year - Thanks!
Answers from the Automotive Experts
Carrie,
If your car is is good condition, the value will be based on fair market at the time of the trade. Fair market value is determined by the public, what they are willing to pay for your car. This changes every month. You may want to look at cars now and get an idea of what your car is worth, then make the decision to trade based on what is good for you financially. Don't wait to buy a car when need it, take your time and you will get a better deal. Good Luck!
If the car's serving you well and in good condition, why not hold on to it and perhaps look at selling it yourself, if you opt to, in another year. 
Carrie,
I looked up your vehicle's value at www.kbb.com. The problem is I don't know if it is an LX or an EX and I don't know if you have options installed or where you live (all these things affect the value). What I came up with (at "fair" condition) was $3,965 at 119k miles. With another 15,000 miles on it, the value is at$3,665, however I am not taking into account what one more year will do (making the car older).
I suggest you look into the value of it with more detail and then check out our experts' suggestions below.
Contribute to this question:
blog comments powered by Disqus
Related Honda CR-V FAQs
- What does a catalytic converter do? I need a new one but they won't have it in until the ... Read More
- I recently have been hearing a clicking problem right before I turn the key and then my ... Read More
- Maintenance reqd lite on 82000 miles what needs to be done? Read More
- I have a 1999 Honda CRV with the 2.0 liter, 5 speed manual. While driving for about a ... Read More
- The air bag warning light on the dash comes on intermittently on my Honda CRV. It seems ... Read More
- How do you repair 1997 Honda CRV crank sensor? Read More
- I have a 2002 Honda CR-V. When idling with the ac on, the car vibrates. But doesn't when ... Read More
- Where is the crankshaft position sensor located on a 98 Honda Cr-V? How extensive is the ... Read More
- My 2003 Honda crv is losing power. My mileage is at 184000 Read More
- Everytime I clean out my 2013 Honda CR-V (Vacumne wipe of dashboard ) the next day my car ... Read More
