Please TELL me why everyone on CL wants 2x for their 2000 Civic hatch?

[moebiius]

Is this darn car that rare or something? All I wanted was a bone stock daily driver with a clean title and I'm seeing everywhere from $4500 to as high as $7000 with no mods and a stock engine, fairly clean oem interior....is this year as well as the '99 that rare? Well, maybe rare in the sense that the clean titled ones haven't been molested and salvaged....please give me some insight CC!? I'm sorry for the rant....just been lurking in the shadow of CC on the 6th and the 7th gen forums, those are the two gen body styles that I like, I might do some cosmetic modifications to the car later when I get it but for what these folks are asking its ridiculous! KBB and edmunds are approx. $500 apart and this one guy that i want to buy the car from wants $5000 when Kbb says its worth about $3500 on excellent condition and this car that's for sale is just in good condition, anyhow, MODS if this is in the wrong section, please move it for me.....anyone that can give me a logical reason for this, please give me your .02 cents!

[bud6770]

Might just be your area, i see them here in the midwest for 3500 or less all the time.

[projektej8]

aside from kbb and edmunds, there is supply and demand. as long as some people are willing to pay 5000 for them, people will keep asking 5000 for them. if you think a car is overpriced, just move on, or start picking out flaws to drive the seller down

[Esotericimage]

Might be your area. like stated.

99-00 are the most sought after cause that was the best looking civic for 1, to most people. Its also the last of the body style where alot of honda heads will say that it was the last of the great civics and the new ones had "lost its soul"

[CMRdevelopment]

Dude. Its honestly the demand in our area. I got my 98 hatch for 5400 O_O. It was purely adult driven though haha and had 80k miles when I first got it. Everything on it was MINT until I brought it home where I have stupid neighbors that cant park for shit.

[lethal6]

aside from kbb and edmunds, there is supply and demand. as long as some people are willing to pay 5000 for them, people will keep asking 5000 for them. if you think a car is overpriced, just move on, or start picking out flaws to drive the seller down

:word: This.

The price they bring in is only relative to the price people will pay. I had a K5 Blazer that I sold last year that was worth a hell of a lot more than I sold it for. I had to drop the price way down because after 5 months of trying to sell it, no one would pay what I wanted. I ended up selling it for $2200, even though I had over $10k into it and KBB, Nata, etc said that it was worth around $4500-5000 in the condition it was in.

[rey_boricua]

once I am done with mine i want about 9k and that is with a turbo kit and a fully built h22 in it

[J_Uhrig87]

you really can't trust kbb or any of those pricing sites. they don't take into account the way the economy is going or inflated gas prices. for example, I got a friend who works at a used car dealership, they got a 2006 fully loaded escalade selling for like 18k with 30,000 miles on it. those cars brand new in 06 cost over 30 grand. yet right next to it is an 04 rsx with more miles and isn't the type s model for like 15k.
There's not a whole lot of 99-00 hatches in my area either. and when you do find them their about those prices as well.
I think that hatches just weren't as popular in 1999 and 2000 as it's sister car the coupe. gas prices also that year weren't that high, so people werent looking for the small hatchback style cars they were more into getting the coupes and sedans.
Ever notice how hard it is to find an Si 5th gen hatch? no one really bought them when they were made because at the time gas prices were higher than they'd been in past years and everyone was getting the dx's. I rarelly even see ex's all that often in the hatchback. yet once people caught on around 99-00 si's became more popular, than there was that huge burst of people buying up 01+ si's because of all the options.
I'd just say get a 96-98 hatch and concert the front end to 99-00. that's what a good amount of people do anyways.

[CMRdevelopment]

Go with the 96-98 :thumbup: More exterior options. More lip options and other looks from other countries.

[d00dle]

u live in Cali man...civic is pretty easy to find. with this type of economy, it is a lot harder to sell. i got mine off craigslist...don't trust those bs sites (ex. kbb & carfax (scam). private seller is cheaper than dealer...its mileage is also a big factor. for $7000, it better be damn mint condition with low miles.

any civic with over 100k right now is probably worth $4000 max imo.

[moebiius]

thanks for all of your input, and yes, in the bay area its hard to find a hatch that's not salvaged let alone find one that's '99-'00 for that matter........thanks again guys!

[moebiius]

I just checked the '00 out, it seems that it's got koni white coilevers with ground control kit, well at least thats what the guy said, i don't really care about that, cigarette holes in the seats, dirty ass carpet, major scratches on the dash area where the glove box is, as well as a lot of door dings with AEM intake, alignments off, BS short shifter knob that i really dislike and to top it off, the bank still owns the title, thats the reason why he wants $5k for it, how do I go about telling him about the problems about the car without lowballing him if i'm willing to only offer KBB pricing of $3k? please advise, I'd like to take this car home with me but not for $5k. Thanks guys.

[31dev31]

It is also the LAST generation to come in hatch form...

Edit: In the states.

[moebiius]

what do you mean by last gen in hatch form? don't they have 7th gen hatches? 8th gen hatches?
on a side note, why buy a 96-98? what mods can you do to those vehicles that you can't with the 99-00 years? thanks

[PhntmSk8r]

you really can't trust kbb or any of those pricing sites. they don't take into account the way the economy is going or inflated gas prices. .

DING DING DING!


This is why ALL auto sales companies, insurance companies, and credit unions base car values off of NADA value.

NADA takes an avg. every 6 months of what like (similar) vehicles are ACTUALLY selling for. Not just putting a price on it based on year, mileage, etc like KBB.

Kbb = garbage.
NADA = where its at.

[31dev31]

what do you mean by last gen in hatch form? don't they have 7th gen hatches? 8th gen hatches?
on a side note, why buy a 96-98? what mods can you do to those vehicles that you can't with the 99-00 years? thanks

Oops, I mean 7th gen hatchback is the last one. 8th gen hatchback is japan and europe only. :oops:

[moebiius]

Nada has the same pricing for the Civic hatch I was looking at........

[PhntmSk8r]

Nada has the same pricing for the Civic hatch I was looking at........

What a concept, that's because that is what the car is actually worth, and what it WILL actually sell for. What do you not understand about it?

Just because you think they should be worth less, does not mean they are.

[moebiius]

i know, supply and demand, its just really hard for me to accept that's all.......thanks for your input

[CMRdevelopment]

The car that you mentioned with the burn in the seat. I would not take 5k for that. From what you describe Id go 4k or 4.2 TOPS. haha.

Just keep looking dude. It took me almost over a year to find mine.

[moebiius]

i offered $3500 plus an IBM ThinkPad, he hasn't replied, oh well, back to CL, Thanks for the input Mang!

[moebiius]

Sorry, computer froze

[moebiius]

Sorry, computer froze

[Szady]

The price they bring in is only relative to the price people will pay. I had a K5 Blazer that I sold last year that was worth a hell of a lot more than I sold it for. I had to drop the price way down because after 5 months of trying to sell it, no one would pay what I wanted. I ended up selling it for $2200, even though I had over $10k into it and KBB, Nata, etc said that it was worth around $4500-5000 in the condition it was in.

once I am done with mine i want about 9k and that is with a turbo kit and a fully built h22 in it

Just because you dump $10,000 into it, dosent mean the car is worth $10,000. Cars are worth the MOST in 100% stock form. Im trying to sell my 00 sedan for ~$2300. If I swap an H22 in that I payd $4000 for, dosent mean I can sell my Civic for $6000. Its not the way the everyday person see's it. Maybe a person who's into imports, who has money to blow will pay that much for it, but the everyday person sure as hell wont.....

Think of it this way. You put rims, a body kit, exhaust, etc on your car. You decide you dont want it and decide to trade it in for something else at the dealership. Say you paid $2000 for your car, and you put another $5000 into it. Well, NADA says your car is worth $2500. The dealership isnt going to give you $7000 because of those extra mods you did. They're gonna give you $2500, because thats what its worth.

[PhntmSk8r]

Just because you dump $10,000 into it, dosent mean the car is worth $10,000. Cars are worth the MOST in 100% stock form. Im trying to sell my 00 sedan for ~$2300. If I swap an H22 in that I payd $4000 for, dosent mean I can sell my Civic for $6000. Its not the way the everyday person see's it. Maybe a person who's into imports, who has money to blow will pay that much for it, but the everyday person sure as hell wont.....

Think of it this way. You put rims, a body kit, exhaust, etc on your car. You decide you dont want it and decide to trade it in for something else at the dealership. Say you paid $2000 for your car, and you put another $5000 into it. Well, NADA says your car is worth $2500. The dealership isnt going to give you $7000 because of those extra mods you did. They're gonna give you $2500, because thats what its worth.

Aside from the rough incident I had with the guy (he's local to me), if I were to be in the market for a boosted car, i'd pay 9 for his hatch.

It's built motor (sleeved, pistons, rods, head work, etc. etc.), GOOD parts, CLEAN body/paint, clean interior, killer turbo setup, etc. There is A LOT more than 10k into that car. It's well worth the asking price to the right buyer. Obviously, it'll be hard to sell it. But it will sell.

Obviously, people selling built cars aren't targeting them at people looking for an econo civic to save them gas money :roll: They're targeting people that KNOW what kind of work, money, and time it takes, and understand how much they would save to buy one already built.

I've got well over $20,000 into my civic (not including the initial cost of the car). The motor alone has over $7000 in parts, then there's suspension, interior, etc. etc. To me, my car is worth the $7500 I'm asking for it. Which I (as well as everyone I've talked to about it, thinks its a hell of a deal) but nobody has bought it because it's a race car. Which i understand.

Basically, what I am getting at. Don't jump on someone when you don't know what you're talking about. ;) I completely agree that "mods" (generalized) do not add value to the avg. market. However his car wouldn't be marketed to the avg. market (as previously stated).

[d r i v e n]

There's a thread on another forum I'm on. This man is selling a 2000 Civic DX hatchback with 240k miles, COMPLETELY STOCK, with a newwww paintjob. Here's the ad:

FS/FT 2000 honda civic HB
mileage- 24x,xxx on Y7
asking price- $3,500 O.B.O

Like the title states,i've got a 2000 honda civic hatchback for sale or trade.Its pretty clean inside and out. Has a fresh NHBP paint job from maaco(still have reciept),look really clean.The car is lowered on no name ebay coilovers and i also have brand new monroe struts to include(still have reciept).No longer has tach,took out in put in an ex cluster.took off aftermarket exhaust and replaced with new stock exhaust. Its a 5speed and has 24x,xxx miles on the original D16Y7.Doesnt smoke or burn any oil at all,runs extremely well for the mileage.Only mechanical problem is it has the common cold start surge, it stops after car warms up.Pretty sure the iacv just needs to be clean or replaced,quick easy fix. mainly for trade(honda,acura,nissan) but will sell if close to asking price.pm me if need more info

Wow. Here is my PM convo:

Are you flexible on the price?

somewhat.how much are u offering?

$2,000

lol not that flexable.somewhat of a lowball dont u think

I apologize if you are offended. No. That is not a lowball at all. I checked the market, I checked KBB, and I checked NADA as well. Your car is worth 1,800-2000 (fair condition) It wasn't even worth over 2,400 in excellent condition. Trust me I tried to find a value remotely close to your asking price. A 10 year old base Civic hatchback with a stock engine, 240,000 miles, steel wheels without hubcaps, low quality aftermarket springs, IAC leak (you think) So I think you are expecting WAY to much for that Civic. If you don't want to take that it's fine. All I did was do the research and I'm offering you what is fair for that car, that's all.

no offense taken.might be true,but my cars clean as hell and ive seen 96 p.o.s hatchs with "si frontend"s with sohc's sell on here
for 3800 all day.know my price is somewhat high but a buyers always gonna try and talk ya down.plus like i said my cars clean as hell.pics dont do it justice

I was entertained by the fact that just because his car was "clean as hellll" meant that it was worth twice as much as it really was. It wasn't even that clean. The interior was all ghetto wire rigged and everything.

[1Lowcoupe]

This reminds me of when I was selling my EM1.. blue book was like $7,700 and I was getting offers for like $5,000. The car was super clean, I was the second owner with 85k miles. I ended up getting $7,600 for it though :cool:

[moebiius]

so dude wanted almost twice as much for the whip? thats insane....