Is one newer model year Honda Accord worth $1,300?
I have the opportunity to purchase a new 2008 Honda Accord EX-L V6 for extremely good closeout pricing of $24,915. I also found an amazing deal on a new 2009, same model, same trim, same engine. The dealership quoted me the price for a 4-cylinder but said it was for the V-6. When I inquired further, they realized their mistake, but management agreed to honor that pricing because I had it in writing. That price quoted is $26,201 (about $600 below invoice).
So, I now have to make the decision--buy the new '08, or the new '09 for $1300 more? How do I determine what the "real" value of one model year is worth (speculating on resale values, I assume)?
Thank you!
Jennifer in St. Paul
In Buying & Selling > Car Values
In Makes & Models > Honda > Accord
1 answer - 456 days ago
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