Question by FWD87: 2006-2008 Chevrolet Impala LT in Manheim Auto Auction in Pennsylvania? How much would they cost up there?
Right now it is hard for me to get approved at a car dealer due to me not having limited credit experience, so my next option is to go to the Manheim auto auction in Pennsylvania because my folks knows people with dealer licenses. My main question is, what kind of cars do they sell and is it worth actually going to one?
I really want a 2006-2008 Chevrolet Impala LT and I wanted to know how much would they cost up there because here in Maryland, they kind of overprice them. That is like the car that I really want right now. Thanks a lot.
Best answer:
Answer by djaca70
It’s an auction- there is no set price. They can start as low as $ 1K and go up.
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One Response
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Sage Says:
The difference in values between a 2 year-old and 4-year old vehicle can be 50% or more. On that basis alone, you’re not going to be able to get any kind of meaningful estimate, let alone given the fact that there’s a wide variance between the LS, LT, LTZ, and SS trims that may be available. (Not to mention that these are “auctions” based on the premise of bidding which can depend on as little as how much any two people happen to want a particular car that day.)
Your best bet will be to simply refer to any of the many freely-available vehicle pricing reference guides and sites (like autotrader.com) that specialize in the advertising of used vehicles to derive your own consensus of what a reasonable value would be for any particular year, trim, option, mileage, and condition combination, understanding that you’d be buying it with absolutely no opportunity to inspect it in advance to know what you’re getting. And unlike most dealers who have service departments that can perform any unexpected repairs, you’ll probably be on your own.
Or, you can simply go to a handful of local dealerships until you find one that’s willing to to share with you what local auction prices for various Impalas recently sold have been. Some will have no problem doing you this favor.
Best of luck, I hope this helps.
P.S. If Maryland dealers are getting whatever price they’re asking, they’re not “overpriced”, they’re pricing them at what the market will bear, which is the entire basis for establishing anything’s actual value.
They may just happen to be more expensive than you want to pay which begs the question why you would want to buy a vehicle you think isn’t worth its selling price.
