I understand location of a used vehicle affects how much a used vehicle is worth
as well condition, milage, age, etc.
Generally speaking, how do prices vary in different parts of the country for
How does it vary by specific vehicle?
Thank you for your consideration,
Well, to give you an idea, several years back (well, 2 decades, mabee)
a Fiat was almost worthless in Kitchener Ontario, yet was in fairly
high demand only 60 miles away in Toronto. Toronto had a good service
dealer. Kitchener did not.
Stratford, about 30 miles or so the other way, had a reasonable
service dealer, and they had a reasonable value. Guelph, half way
between Kitchener and Toronto had a large Italian population (as does
Toronto) and they sold pretty good their too, even though their dealer
was a crook.
A Citroen or Renaul was a hard sell in Ontario - so was a Peugot. They
sold quite well in Quebec.
Up untill a year or so ago, a used Ford Escort (basically a rebadged
Mazda 323) sold for about half what a mazda sold for here in
Kitchener. Now they fetch as much, or even more. In Toronto you can
still pick up an Escort for a pretty reasonable price.
Part of the reason MAY be that both the local Ford and MAzda dealer
are owned and operated by the same concern??? (in Waterloo - not
Kitchener ) Kitchener and Waterloo are "twin cities" - can't tell them
So, service availability, dealer reputation, and ethnic makeup of the
area all affect used car prices on a location to location basis.
Also, used cars in a "depressed" area generally sell for significantly
less than in a "booming" area, because there is a higher demand. In a
rural area, you may find the big cars go for a premium, and small cars
are a hard sell, because people want a larger, more comfortable car
for long distance driving on sub-optimal roads.
Lots of influences - not always easy to figure out.
Posted via a free Usenet account from http://www.teranews.com
do a search for your vehicle on autotrader on line, use different zipcodes.
I got the local insurance company to bump the price of a totaled dodge truck
by $1000.00 because the nearest comparable vehicle in the price they
suggested as "book" value was over 1000 miles away, while locally with 250
miles the prices were much higher
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