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I would go to a big classified site like

AUTOTRADER

and search for a 2007 model with the lowest possible mileage using "advanced search". This should give you some idea of the depreciation that has occurred. Regardless if your car has 10 miles on it, if it is a 2007 model it has depreciated just as much as one with 5,000 miles on it.

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Here's a couple of other options you may want to play with as a cross-reference:

TMV on a used 2007 with zero miles in Outstanding condition is a bit over $17,000 in my zip code. A new one pencils out around $24k, depending on which model and options you are considering. That would be the number I'd shoot for to account for the depreciation Shifty is talking about.

Another way to calculate depreciation to get an amount to deduct of the MSRP would be to use the True Cost to Own tool to see how much an '08 is going to depreciate in value the first year (about $6,500). Deducting that number from the MSRP on the '07s may get you closer to a real world price the dealer would accept.

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