6th Gen ('00-'05): At a cross roads with the monte
Contemplating putting the monte up for sale this spring. She has been in the family since 0 miles. I just think it is time to move on to another toy. Blue book says 5500 in very good condition.
2003 Monte LS
62,xxx miles
GMPP suspension kit
Catback dual Magnaflow exhaust
Razzi bodykit
SLP CAI
SLP/Intimidator spoiler
18" Verde wheels
The body has no rust, no dents...a few chips and imperfections in paint. The point of this thread is I am trying to gauge what you monte experts would feel a good starting price would be to sell her? Thanks for the help in advance!!!!
2003 Monte LS
62,xxx miles
GMPP suspension kit
Catback dual Magnaflow exhaust
Razzi bodykit
SLP CAI
SLP/Intimidator spoiler
18" Verde wheels
The body has no rust, no dents...a few chips and imperfections in paint. The point of this thread is I am trying to gauge what you monte experts would feel a good starting price would be to sell her? Thanks for the help in advance!!!!
Start high, it's easier to down than it is up......... Could pull $4700 cash out of it on a good day. More likely you might get $4300 to $4500 for it...
Joined: Apr 2010
Posts: 12,605
From: Mentor, Ohio
But a couple of things to keep in mind about Blue Book values:
- As state from a friend who used to be a new car salesman, no car for sale is "excellent" (even a new car). They all have something imperfect to drop out of "excellent".
- Just because Blue Book says it's worth X, does not really mean it's worth X. For instance the KBB.com LOWEST Private Party value on the '94 Grand Am with 215,000 that I sold in October of 2012 was about $1200. I was asking $1000 for it. I settled on a lower offer to get rid of it. NO ONE was going to pay over a $1000 for a '94 Grand Am with 215,000 on it.
- When selling a car with mods, there is no Blue Book for a "modded car". You are now at a cross roads. For some people, mods mean "stay away". They don't understand the mods and don't want to possibly buy what they feel could be a "Pandora's Box" of someone else's problems resulting from those mods or it could be a hassle when it needs serviced. This is why some people might de-mod the car first (avoid those situations). Or the person may not appreciate the after market accessories. Underneath the mods, to those people it may be worth LESS then Blue Book. On the FLIP side, you may find someone completely jazzed about the fact it has a few mods on it! They may even feel paying a little extra is worth it. But sometimes it's hard finding that buyer who wants those mods.
Bottom lines:
- Don't look at mods as a guarantee to ADD value to the car. They might do nothing to the value.
- Don't go by just Blue Book value of the car. Check what people are asking for a Monte similar to yours (comparable age, mileage and trim level). That will give you a BETTER idea what your Monte is worth in your location.
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