Quote:
Originally Posted by jdlowery
I just checked KBB and this what they suggest for price:
Excellent: $7,740
Very good: $7,365
Good: $7,065
Fair: $5,990
Subtracting $3,000 for an engine, the range is $2,990 - $4,740. The body and paint are in excellent condition so I'm thinking that it's probably at the top of that range.
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I think those KBB numbers are optimistic, and usually are for super high mileage cars. Do a search on craigslist for MDXs between $2-8K and you'll see what you're up against. My guess is you're looking at around $2K, but I don't know what a used engine costs or how much trouble it is to install it.
I wouldn't worry about confirming transfer of title. That's not your legal responsibility. Make sure you know who bought your car and submit a Notice of Release of Liability with the DMV. Don't get caught up in under-reporting the sale price. If the car will pass smog now, do it and fulfill your responsibility that it passes smog. I think you'll be okay if you have the buyer sign paperwork that it has a bad engine, won't pass smog, and is sold as-is as a second choice.