Randerolf

Hey,

I've read through a couple car buying threads (negociation car buying), but I still have some questions.

After looking for a fuel-efficient car with side airbags, I decided to purchase a Honda Fit (the Sport model since I can't find any regular models). Now that I'm settling done to buy one, I'm getting many different prices. I'm paying cash and ~$15k seems fine for a trustworthy car.

I've always herd that it's best to buy used cars since they take a huge hit as soon as they leave the lot. I've found a Fit for sale at a dealership at a smaller town an hour and a half away for "$16,000." It has 3,060 miles on it.

Edmunds says I should pay: I recently went to a dealership and test drove a new Fit and liked it, but felt that vision is terrible out the back; the columns are thick and there is no way to turn around and see any part of the blind spot.

I got the salesman to do a work up (the four square boxes) on how much is would cost me; he took too long, so I had him make a copy for me to take with me. It says the vehicle market value is $18,197. I told him that I was paying cash, but he filled in some of the other boxes like down payment and such and made a mess, but down bottom says "$19,788 OTD" which I assume is out the door.

Edmunds says that the true market value of a new Fit in my city should be $16,449- only $449 more than asking price of the used car.

Why is the used car almost as expensive as the new one? I asked the dealership for the used car and he said:I want a fair price for a good car that I can drive until the wheels fall of like I am doing with the one I have now.

What is the price that I should be aiming at with this car and such disparity of
prices? Thanks for any help and advice that you can provide.