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Discussion Starter #1
So I’m thinking about selling my Insight… as much as I love this car, it’s defiantly become a hot seller, and I’m thinking about cashing in.

It’s not in the best of shape; the previous owner smoked in the car and got rear ended. I’m also missing an air dam. All of this I intend to fix before I sell her, but here are some of the pluses:

Manual Integrated Motor Assist
6 Speaker Stereo System
Under 100,000 miles
Tinted Windows
2000 Model Year

I’m even willing to teach the new owner how to hyper mile.

So what do you think a package like this will go for?
 

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Difficult question, sight unseen. And no pics won't help. Too many flaws may not be visible.

"Cahsing in" all depends on how much you paid for the car. Minus the wear and tear during your period of ownership. Plus any increase demand that may cause the car to appreciate in value.

Right now my read is that gasoline prices strongly effect high MPG cars perceived value. And right now that's settled back down again. So IMO it won't be much of a plus. And IMO it is very short sighted so keeping the Insight for yourself may give you the best financial long term benefit. ;)

Yes, pricing an Insight for sale is a bit tricky. I'd spend some time browsing the eBay listings (and other car for sale sites) to try and get a feel for what the asking price should be.

HTH! :)
 

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Discussion Starter #3
Thanks for the respone,

Ill post some pictures as soon as I get a chance. Your right, the market is down and it would be better for me in the long run to keep the car (and I would prefer that). But if I can figure out what people are willing to pay for a car like this, and that number happens to be close to double what I paid for it ($8,500 x 2 = 17,000 or less), then it’s off to the auction block!
 

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Life without dreams would be like food without fine wine.
But our dreams can easily exceed our pocketbook. ;)

IMO you won't get anything close to your dream unless gasoline reaches $5.00 / gallon. And unfortunately then the sale of your Insight will be the least of your worries. :|

Sincerely,
 

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LMAO,

Well, you never know what people will be willing to pay for something. Especially something that is rare and eco friendly (especially here in Hollywood). Will I get $17,000 for it? I seriously doubt it, but I will certainly break $10,000 and without probing the market, I really won’t know.

Ill take your advice and keep my eyes pealed on eBay. If I figure out the average price I will post it here.
 

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Just try trading it in! I need a truck but can't get any dealers to bite. I'm only being offered 4 to 5K under kelly blue book trade in value. And I have a darn nice and new Insight with only 8K miles. Ouch!
 

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Why would you even consider trading in when you should be able to get at the very least KBB, especially on an 06 5 speed? Unless the dealer is going to discount your new truck an additional $4-5K, I would sell privately. E-bay? A last year of production 5 speed with only 5K miles should bring top $$$.
 

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If you can wait - I'd do it in the summer when gas prices are higher.
 

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It looks like I have little choice but to wait and hope. Hope for higher gas prices? Boy, that's a real catch 22, but here I am! :D

I'm probably just going to be stuck getting a junker truck and hoping for the best. I can't afford two payments and taking the loss on the Insight is a hard pill to swallow. There is always trying to sell it as close to retail as I can, myself. We'll see what happens.
 

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Prices

I'm in a different part of the country, but was in the market last year for a manual Insight.

The local cars I saw included a 2001 CVT with 41 lmpg for 12,400, and a couple of other 2000 - 2001 in the 11,000 - 15,000 range. (I didn't look at newer ones - they were pricier.)

Bought: 2000 MT with a salvage title, 53Kmiles, 48 lmpg for $7500. (Needed some minor repairs, which makes the final cost around $8K.) A clean title would give you a battery warranty, which would probably add $3 - 4K to the price.

California prices will, of course, be different. Your MIMA would make a difference to a current hybrid driver, but not necessarily to someone new to Insights. It could easily intimidate a non-mechanically inclined new hybrid driver.

Just checked ebay today - one 2000 MT with a starting bid of $9500. I'll guess it will go for around 12K.
 

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How much is that doggie in the window?

I bought mine in November when gas prices were lower and was able to deal a little off of the asking price from the sticker. Now that gas prices are rising again - and the demand for high MPG cars is also rising - my wife tells me that if someone offers me 15K, take it! Don't think that will happen any time soon. Prices on the internet auctions are all over the board.

SC2000NST
2000 Silver 5 speed #5490
Coastal South Carolina
 

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Shoot, I've got a 2000 MT with less than 85,000 miles, a real title, and new in the last year battery pack and modules. It's for sale, but I was thinking of asking less than $10k, including a bunch of extras to throw in the back, like an unbuilt MIMA kit, performance muffler, block heater, Odyssey battery, and replacement rear springs.

You guys and your pie-in-the-sky optimism have me thinking I should hold out for closer to $20k. ;) - Pat
 

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Well, its not like they are making any more Insights, or any more low cost aluminum cars, or any more crude oil. The Insight is a sweet little car, there weren't many made, it has cameo appearances in about 6 movies (headed for cult clasic territory IMHO), and it is a significant part of automotive history. There really isn't a suitable replacement for it yet. Perhaps if Honda comes through with their small sports hybrid.....maybe. :D
 

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dice said:
From what I've seen, a 2000 Insight, in good condintion, will go for 8k to 9k.
Actually, a local dealer had two on the lot recently with over 100k that they were asking $14k. I'd imagine in California, with the HOV pass, it might be even higher.

As for the ciggy smoke, pay a luxury auto dealer to clean and ozone your car's interior. I paid $100 for this with my mother's Escort after she passed away, which my stepfather had smoked unfiltered cigarettes in. I couldn't believe how effectively they cleaned the interior--it hadn't looked that good since I was in high school. They key is using a detail shop with a brick-and-mortar in a neighborhood with lots of Bentleys, etc.
 

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How about my ride...

Well, if we are evaluating each others machines, what do you all think my 2000 5MT might worth?

75K miles
Everything in good shape
Honda 5 CD changer
CA HOV stickers ;)
and, oh yeah, a "salvaged title - this is the car from Canada that runs great, no accidents but was sold on the grey market thus voiding all warranties.

The KBB in my area was just under $10K. How much should I drop the price seeing the warranty is worthless?

Any takers? The only reason to sell is to accommodate an increase in my family size that requires a 4 door (working on a SVO car at the moment).

Any advice or opinions would be greatly appreciated.

Follow up - car just sold today for $8,500 with full discloser of no warranty and origin of car. :shock:
 

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Well Silver Lining,

The "only" _potential_ warranty still in effect (and lost) is the 10/150K IMA _battery_ warranty. Worth somewhere between $4,500-$6,000 depending your your location as reported in the forums (dealer labor rate variations). I doubt you'd really need to sacrifice 100% of the value of the warranty since a potential buyer will probably realize the Insight's scarcity. But I also doubt you'd get someone to go better than 50-50.

And remember the 5spd is a BIG plus. By all indications there will be no more Honda Hybrids in that flavor made. And while we are teased by "leaks" of future "Insight" replacement models. All indications are that its MPG potential _at best_ will still be comperable to what your Insight is capeable of achieving. (Bigger, no aluminum, and no 5 speed :( ) But only time will tell...

So your possibly looking at a "loss" of another $2,500-$3,000 right off the top. Ouch :!: :cry:

All just IMO.
 

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No offense, but I hope most of you are wrong about the Insight "remaining high in price".

When 2010 rolls around, if the Honda Insight 2 is not to my liking, I will be looking for a used insight (then I'll have two insights!). I'm hoping I can acquire it for less than $5000 (since it will be 9-10 years old at that point). I'm hoping the insight follows the same trend as other cars... depreciating with age.

If not,

maybe I can find a <$5000 used Civic hybrid.
 
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