Resale Value: 5 year old V with 250 000 kms

[Driving Instructor]

I would like to know what you think the resale value of a 07 V with 250000 kms will be in 2012.

Canadian funds would be appreciated.

[fjwagner]

not much (either USD or Canadian Dollars). But since you use the car for your work, that is probably a good payout.

[equlizer]

Well i just got $11000 can for my '08 versa with 99478kms on it. So im guessing around $5k?

[kc5f]

Kelly's says a 2004 Sentra in fair condition with 250k km now would be worth $6400 Cdn, so that's a start.

[frankoV]

I'm thinking about $8 CDN, which will be $200 US

[Driving Instructor]

I'm thinking about $8 CDN, which will be $200 US

HA.........8 bucks!

I am parying I can get $5000 to 6000. for a 5 year old car with 250 000 kms. It is very well maintained vehicle.......regular oil changes........ any that needs to be fixed, gets fixed!

[1_Sleek_Versa]

I was guessing 5500$ to 6000$

[frankoV]

maybe $5,000 . . . depends, I guess, whether people are buying new cars yet . . . but people look at that big number [even if it is kms] and think "it's on its last legs . . . and if they check out this forum you'll be in big trouble!

[wobblypete]

I am parying I can get $5000 to 6000. for a 5 year old car with 250 000 kms.

Would you pay 6k for a car with that amount of distance on it, never mind it was a work vehicle? I think you are dreaming! With high-mileage cars, I think that the actual age of the car (in years) no longer matters - that car will have the heart of a 10-12 year old car, wrapped in a relatively rust-free exterior. If I'm in the market for a 5-year old car, it had better be around 100,000 - 120,000km.