[jenlor99]

I checked Edmunds true market value for a 2017 Limited Highlander with 29,000 miles for $29,900. Is that what I should be aiming for as an offer? Mainly the dealers have this model around 31k or 32k but I did find one dealership in particular who is always offering exactly what Edmunds indicates as the true market value. Should I offer $500 lower? Or should I be going thousands lower?

 

[sdspeed]

FWIW, I noticed car-gurus say $29,700. Pretty close! You can always go up in your offer but you can't go down. Helps too if you have your finances in place and don't rely on them.

 

[jenlor99]

Thanks so if you were me, what would you offer?

 

[2GR-FKS]

You can buy a brand new 2019 for around $32, I just did. Check out your financing options and take a look. Your insurance company might have a deal with trucar which will give you good insight into what new and used cars see for. AAA also has a buying service that will get you a fair price. Dealers buy and sell cars for a living, they have a lot of experience that tilts the deal their way.

 

[KA4993]

I was in your boat, planning to purchase used. These HLs hold their value well, I just couldn't find a good deal on a used one with low miles. After crunching the numbers, I ended up buying new.

 

[got-rice]

2019 Highlanders have great incentives, I'd go find a remaining one.

 

[MikeInNH]

You're doing the right thing. Research. Don't just use one source. Get multiple.

KBB,COM, NADAguides.com, truecar.com..and several more.

Then take the average. Use that number as a starting point and then go DOWN. With this Covid 19 - car sales are way way down.

 

[StatCoder]

Used car prices are plummeting due to, among other things, unneeded rental and other fleet vehicles piling up as business and leisure travel grinds to a halt with a slow recovery anticipated. I wouldn’t be offering anywhere near the current listed value for any used vehicle. Not when there are rental lots with vehicles parked bumper to bumper. I would even consider renting by the week if I needed a vehicle now and buying in a month or two.