Valuation 2018 Grand Sport
- Thread starter telemate
- Start date
Thx for insight.
Yes mileage is a bit high.
Sorry it also has $15K in upgrades, ie Auto Transmission, Metalic Paint, GS Package, Black GS iRims, Bose Audio Navi, Carbon Fiber package.
Does that make it any higher? I was thinking $60-$65K retail. Does that sound right?
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Maybe. I don't like the mileage. But you probably make a good argument for early 60’s.
agreed on mileage, unfortunately I love to drive it!
Should I expect a big price drop in a years time? I planning to keep it for another year, sell end of next summer. July/Aug. Any thoughts?
btw love your ride, the Chrome on Black looks amazing!!
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Thanks!
My opinion is you don't seriously damage the value at this point with another 15,000 kilometers. I would think a year from now would be normal deprecciation (6%) adjusted for mileage. So maybe high fifties. Just my uneducated opinion.
Mileage is important to some and less so to others. Higher mileage from long road trips might be more acceptable to buyers than from lots of daily driving. I'm racking up miles on my 2017 GS driving to Arizona and back every year on I-15 with a posted speed limit of 80 MPH for most of the 1800 miles each way. Don't think it hurts the car very much. It will be interesting to see what impact that has on resale if I ever sell it. We bought a 2009 GMC Acadia to keep in Arizona. It had 120,000 miles, one owner, a snowbird couple from Wisconsin who drove it back and forth every year. Car was perfect with all maintenance records so the high miles didn't scare us and 3 years later the vehicle is still perfect.
I took a quick look on autotrader, as well as thru Manheim and Adesa auctions. Very very few 2018's, almost all 2017's and dealers are asking $65 - $80 retail depending on mileage and equipment level. Auction pricing is about $6,000 less. The one caveat I didn't see any with your mileage but most around ~ 25k-30k
I think 65 is high, hard to compete with a dealer and the mileage will sting a bit, but I think you could probably start 60 - 61. Keep in mind your warranty may also play into it especially with dealers giving min 30 days and some offering 12 months. If you have any remaining warranty, you may want to list now to gauge interest. Again, just my 2 cents
appreeciate the insight! thx againI think 65 is high, hard to compete with a dealer and the mileage will sting a bit, but I think you could probably start 60 - 61. Keep in mind your warranty may also play into it especially with dealers giving min 30 days and some offering 12 months. If you have any remaining warranty, you may want to list now to gauge interest. Again, just my 2 cents
Here's the link...
Chevrolet Model Years - Canadian Used Car and Truck Prices
Model years for Canadian market Chevrolet used car and truck prices in Canada.
www.vmrcanada.com
