Why are little 15 year old Honda Civic hatchbacks still worth so much?
Let me just say that I've always been a fan of little 4 cylinder hatchback cars. I can't stand coupes, but there's just something about a hatchback that I've always preferred. Maybe it's because I'm tall and they often offer more leg room than a coupe. I don't know.
Anyway, I was just browsing the autotrader site and noticed that little '90-'93 Honda Civic hatchbacks with close to 200,000 miles still sell for anywhere between $3,000 and $6,000. How and why is this? Are they THAT reliable? I mean, you can buy a used 2006 Chevy Cobalt with under 30,000 miles for well under $9,000. I've heard of Hondas lasting "forever", but are they really worth that kind of money for a 10-15 year old car with close to 200,000 miles? Wowzers! |
Because teenage boys love them. Supply and demand.
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Yup, the engines and transmissions last so long, they're well worth keeping and fixing up. You just can't seem to get that kind of longevity out of a domestic vehicle.
- The Gremlin Guy - < wife was a Honda saleslady for awhile....had a 1-million mile Honda on display at Hendrick Honda, Woodbridge, VA > |
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