Best way to sell a 3.5 yrs Mazda 323 car

• wsoon

  21 Jan 05, 10:16

  Hi,
  
  I currently thinking of selling my Mazda 323 1.6 Manual (June 2001). Currently my paper value is $35k+. Asked a few dealers and the best I got was $35k +$3k for body which I feel is quite low.
  
  a. Is there any better way to sell it like advertising in the Straits Times classified ads and sell directly to the next owner?
  
  b. I am looking at selling my car for 43k (my COE is $26k, OMV is $15k, mileage abt 80000km), anyone know whether this is attainable?
  
  Look forward to anyone who can help this novice. Thanks.
  
  
• ed2004

  21 Jan 05, 10:30

  This would be the best.
  
  If you are buying a new car, you can try to squeeze a little more discount on the new car instead.
• owak

  21 Jan 05, 10:45

  Look at current ultra low coe price ~19K, new vios manual only cost ~56K, plus 3 yr waranty, further more it's Toyota superior VVTI engine.
  With further COE expected drop after CNY, when govt announces its annual finance budget in Parliment, new car price will become even cheaper.
  
  I do not think anyone will buy a 3.5 yrs Mazda 323 manual car at 43K.
  
  Reasons :
  --> Most people will buy auto car now. Manual car has little re-sale value.
  --> Mazda 323 engine is actually old technology, manufactured in yr 2000.
  Nothing special abt the engine.
  If you know people in the scrap yard, already this type of engine was scrapped long time ago.
  
  Conclusion --> can only scrap.
  
  
• rumie

  21 Jan 05, 17:29

  i sold my 12/02 mazda for $46.5k to an agent. i dunno if it's really possible to sell your year 2001 mazda for $43k. be contented to be able to fetch a price of $39k.
  
  my 3cents worth.
• ditzy

  21 Jan 05, 17:33

  Its pretty good already, there was one dealer that asked to scrap a 3 year old PI 2.4 litre toyota ipsum.
• tick

  22 Jan 05, 17:15

  i just scrap mine 9/00 323 for $42k
  
  earlier msg 12/02 for $46.5k
  
  other prices in between, you decide
• carmour

  23 Jan 05, 12:44

  Well, You can try advertise it on www.sgCarMart.com
  Alot of dealers visit there also. Therefore, might get some decent offers.
  You find the dealer, and they find you is different. When they find you to offer a price, they would normally offer higher than when you approach them.
• maverick666

  23 Jan 05, 23:46

  Hi Tick,
  
  who should i contact if i want to scrap my M323 ? yours sound like a good deal.
  
  Mine is June 00 mileage about 76k manual.
  
  Cheers,
  
• tick

  24 Jan 05, 07:50

  mine is just ok deal lah....i am driving a 1.6A...
  
  the dealer only offer 1k above scrap.
  
  
• maverick666

  25 Jan 05, 23:58

  mine lagi worst......just paper value...some even said below paper value...
  
  
  
  
• wsoon

  26 Jan 05, 01:29

  Thank guys for all the feedback.
  
  My car is still in good condition. So I think I will drive it for about 1.5 more years before I scrap it since it is hard to get a better deal in current market condition. The worst I could get is the paper value at year 5- $31k+. So depreciation of <$4k per year is pretty worthwhile.
• tick

  26 Jan 05, 09:12

  ha ha...true...if you can resist the temptation, then keep on driving is the right choice....
  
  as for me....i can't resist the low prices of COE now...it hit my target of $15k previous bidding...and i went in.....am getting a Scooby...yeah....