I bought a wholesale 2004 Civic from our local Subaru dealership. 300k, decent body, two sets of wheels/tires, auto, a/c, good service history (recent timing belt even) but does have a litany of small accidents throughout the years (most in its first two). I paid $1400. With all the auction fees around $1750.
Searching through the paperwork I found the dealership bill of sale from January 2008 when the previous owner bought it. A 4 yr old Civic with 157k sold at the Honda dealership RETAIL for $4655!!! If that car still had 157k I could easily get $7000 today.
I’m keeping that bill of sale as proof of how messed up the car market has become.
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