05 Camry retail price ?? - Toyota Nation Forum : Toyota Car and Truck Forums

snake07 · 02-11-2010, 10:49 AM

Hi all,

I'm planning to buy an 05 Camry and I found 1 from an individual seller.
It's a 05 Camry LE with 65,278 miles on it, from the pic it's in good condition and they ask for $8,600.

I went to Kelly Blue Book website and they showed the vulue of this car in good condition for $9,015.

Can somebody give me an advice how much I should pay for this car ?

Thanks,

Mike Gerber · 02-11-2010, 02:19 PM

"I went to Kelly Blue Book website and they showed the vulue of this car in good condition for $9,015."

Is that the dealer retail, trade-in value or private party price?

Mike

snake07 · 02-11-2010, 02:40 PM

That's private party price. I did another search on Kelly Blue Book for Suggested Retail Value (Dealer) and the price is $11,765.

I've just called the individual who put the car for sale, it turned out it's from a dealer and I also got the carfax report.

It's been 3 owners:
1/ From 12/2005- 11/2008 with 26k miles, 1 accident reported in 2007 (front impact).
2/ From 12/2008 - 5/2009 with 48k miles.
3/ From 10/2009 - 11/2009 with 65,278 miles, this period was for lease and sold in an Auto Auction.

Besides 1 accident listed, no other issues.
Also, the last owner put a lot of mileage on the car. Only for a month, they put almost 20k miles on the car.

snake07 · 02-11-2010, 02:47 PM

This is the link to the carfax report:
http://www.carfax.com/viewEmailRepor...i3&language=en

snake07 · 02-11-2010, 02:54 PM

Sorry, the link did not work.

Owner 1
Purchased:
2005
Type:
Personal
Where:
Illinois
Est. miles/year:
6,570/yr
Est. length owned:
1/10/05 - 11/17/08
(3 yrs. 10 mo.)

Low mileage! This owner drove an estimated 6,570 miles per year, lower than the industry average of 15,000 miles. These vehicles can be a better value.

Date:

Mileage:

Source:

Comments:

12/20/2004

NICB
Vehicle manufactured
and shipped to original dealer
01/10/2005

Illinois
Motor Vehicle Dept.
Plainfield, IL
Registered as
personal vehicle
03/02/2005
36
Illinois
Motor Vehicle Dept.
Plainfield, IL
Title #X5061637308
Title issued or updated
First owner reported
Loan or lien reported
06/27/2005

Illinois
Motor Vehicle Dept.
Plainfield, IL
Title #X5178089050
Title issued or updated
Correction to record
12/03/2007

Illinois
Police Report
Accident reported
in Bolingbrook
Involving front impact
11/17/2008
26,146
Auto Auction
Sold at auction
in Illinois
Listed as
a dealer vehicle

Dealers routinely buy and sell millions of used vehicles at auction each year.

11/25/2008
26,147
Toyota Certified Dealer
Merrillville, IN
Offered for sale as a Toyota Certified Used Vehicle
Gray exterior

Owner 2
Purchased:
2008
Type:
Personal
Where:
Indiana
Est. miles/year:
---
Est. length owned:
12/9/08 - 10/9/09
(10 months)

Date:

Mileage:

Source:

Comments:

12/09/2008
26,155
Indiana
Motor Vehicle Dept.
Schererville, IN
Title #08805288000
Title issued or updated
New owner reported
Loan or lien reported
12/11/2008

Indiana
Motor Vehicle Dept.
Schererville, IN
Title #08805288000178
Registration issued or renewed
Vehicle color noted as Gray
05/07/2009
48,000
Indiana
Inspection Station
Passed emissions inspection
05/07/2009

Indiana
Motor Vehicle Dept.
Schererville, IN
Title #08805288000178
Registration issued or renewed
Vehicle color noted as Gray

Owner 3
Purchased:
2009
Type:
Lease
Where:
Indiana
Est. miles/year:
---
Est. length owned:
10/9/09 - 11/30/09
(1 month)

Date:

Mileage:

Source:

Comments:

10/09/2009
65,270
Indiana
Motor Vehicle Dept.
Crown Point, IN
Title #09336198000028
Title issued or updated
New owner reported
Registered as lease vehicle
11/30/2009

Auto Auction
Sold at auction
in Indiana
Listed as
a fleet vehicle
12/14/2009
65,278
Online Listing
Vehicle offered for sale

Mike Gerber · 02-11-2010, 04:32 PM

Something here doesn't make sense to me. How can you lease a vehicle for 1 month and put 20,000 miles on it during that month. Also, the last 2 owners kept the car 5 months and then 1 month respectively. That along with the front end accident and the fact it was retitled in another state makes me a little skeptical about this car. I would stay away from this car and look for another vehicle.

Mike

snake07 · 02-11-2010, 04:47 PM

Thank you for your response, Mike !

You're right ! something is not right here. First of all, the price seems too low for this car, I don't think I'd be able to find this kind of deal from any dealer.

The 1st owner kept the car for 3 years, from 2005-2008.
The 2nd owner kept the car for 1 year, from 2008-2009.
The 3rd owner kept only for a month.

You mentioned about the car retitled, that's the 2nd and 3rd owner lived in IN.

I don't mind buying a vehicle involved in an accident with cosmetic damage.

Anyway, so far I can see 2 mysteries about this car:
1/ The price too low
2/ How can the 3rd onwer put 20,000 miles in 1 month ?

zppeacock · 02-11-2010, 08:55 PM

If it was certified used after the front end damage, it was probley fixed correctly as there are very strict guidelines to get toyota certified used.

snake07 · 02-11-2010, 09:28 PM

This car is not certified. I came and looked at the car after work this evening and everything looked fine to me, I can see the right fender replaced but it's not obvious from the outside. I only knew it when I opened the hood and looked carefully on the side. The engine run smoothly, I owned and drive an 05 camry everyday so I know how's the engine run. This is the link to the car.http://chicago.craigslist.org/wcl/ctd/1595266074.htmlI have not made any offer yet since I still undecided.

snake07 · 02-11-2010, 09:30 PM

This is the link: http://chicago.craigslist.org/wcl/ctd/1595266074.html

zppeacock · 02-11-2010, 10:14 PM

It says it was certified in 11/08 after the damage. I would say take it to your local shop and have them inspect it if you still concerned about it. It looks like a very clean car.

snake07 · 02-12-2010, 12:08 AM

Thank you for your advice, zppeacock ! I stopped by FireStone on the way home this evening and they have the overall inspection service. All they'll do are mechanical visual inspection like hoses, oil leak, brakes, steering, CV boots, joints... They won't inspect exterior wether the car has ben repainted or body repaired.What other local shop do you recommend ?

zppeacock · 02-12-2010, 06:49 AM

From going on what the carfax says. After the accident, it was repaired and sold at a Toyota dealer as a USED Certified Toyota. From what I remember our body guy said that they cannot be a USED Certified if they have had more then 1 panel replaced/painted.

You could try an independent shop and see if they would to a full inspection, or maby at Toyota dealer in your area, and perhaps a body shop. Im really not local to ya and don't know what you have for shops around there.

snake07 · 02-12-2010, 07:45 AM

I'll see if I can to a Toyota dealer for full inspection.

Pricewise, do you think it could go below $8600 ? they told me it was $8900 and they dropped down to $8600 this week.

islandboy57 · 02-12-2010, 04:08 PM

The price is good, but not suspiciously good. I think $8600 is a fair price for the car - if you're seriously interested, it doesn't hurt to tell them if they accept $8300 (or whatever you're thinking) you'll pay immediately.

It is interesting that the car's records indicate almost 20K miles were put on in two months - maybe someone was doing cross country traveling and decided it was cheaper to just buy a car and sell it after rather than rent one?