2005 Corolla with 252K for $6K?

[The Critic]

https://www.loditoyota.com/used/Toy...-lodi-ca-42af5a8f0a0e09716bd5de4924e8b160.htm



This market is nuts.

I have $5200 invested into my sister’s, all-in. I should show her this example to remind her how great of a deal she got.
https://bobistheoilguy.com/forums/threads/bought-a-2005-toyota-corolla.349772/

 

[nickaluch]

My beater G6 with 92k must be worth at least 3k I'm thinking

 

[Trav]

Yep, it is getting real crazy. I have a feeling it going to get worse before it gets better than it will probably crash.

 

[Andrew1972]

Interesting a new car dealer would sell it. There is definitely a place in market for these kinds of cars for poor people with poor credit and a dealer who can finance it.

 

[Oillover]

252k miles for 6k?
That's just getting broken-in

 

[skyactiv]

There is NO shortage of used CARS that have had two owners where I live. It seems like they sit around on independent used lots for awhile if anything.

No one wants cars anymore. People want CUV's, SUV's and Trucks. The herd is spreading misinformation.

 

[football]

I bought a 2008 Camry with 132k miles, no issues, for $2000. I bet I can flip it for $7000

 

[mosaud1998]

***? They probably gave the guy $100-$500 for it.

 

[Zaedock]

If it breaks down, you're Stuck in Lodi.

 

[The Critic]

If it breaks down, you're Stuck in Lodi.

There are some pretty nice parts in Lodi, especially near wine country.

And Woodbridge isn't shabby either.

 

[Zaedock]

There are some pretty nice parts in Lodi, especially near wine country.

And Woodbridge isn't shabby either.

I was thinking CCR. My band covers the tune.

 

[vw7674]

If it breaks down, you're Stuck in Lodi.

I once played my CCR CD while driving past Lodi. No, I did not stop, I did not look back.
Bakersfield was another matter. Stupid railroad tracks & low fuel supply. : (

 

[Nick1994]

Yikes.

5 years ago I bought a 2015 Sonata with 52k miles for $9,990.

Should have kept that car lol.

 

[Redright9]

Wow, really shows the shortage and need for sellable vehicles!

 

[OilUzer]

iirc, you paid $3K for your sister's Corolla ... and I said:
"Good car and very good price!
$5K is more like it."

you should've told your sister that the very respected, well-known and smart OilUzer says you got a VERY good deal and he also says stay away from thin oil.

$6K for this car is stupid.

Reply
Report

 

[OilUzer]

btw, used car prices are falling or have started to plateau and fall ...

Wait to buy a car if you can.

 

[Creekside]

Yep, it is getting real crazy. I have a feeling it going to get worse before it gets better than it will probably crash.

OTR truck market is the same way only there’s not a supply of “old” trucks on the market due to Elog rules. Pre-99 trucks are few and bring exceptional money when they show up for sale. The used trailer market is on fire too, they are bringing 2-3 times what they did a couple years ago.

 

[2015Corolla]

California

 

[Jetronic]

I wonder how many are paying over the top for a beater just to get rid of a gas guzzler with todays gas prices. Might still be a smart thing to do, a more recent truck also fetches crazy money and a Corolla like that would run for less per mile.

 

[PF52]

***? They probably gave the guy $100-$500 for it.

I was just thinking the same thing. I hope the guy that traded it in doesn't drive by and see it marked as $6000.