What is my GXP worth - GM Forum - Buick, Cadillac, Chev, Olds, GMC & Pontiac chat


General GM Chat When starting new posts, please specify YEAR, MAKE, MODEL, ENGINE type, and whatever modifications you have made. Chat about all things GM (and related cars). Off-topic stuff should be in the Lounge, and all Model specific mechanical problems should be posted in the proper forum.

Reply
 
 
 
Thread Tools Search this Thread
Old 04-23-2008, 06:50 PM   #1
Junior Member
Posts like a Ricer Type-R
Thread Starter
 
Join Date: Apr 2008
Location: Northern NJ
Posts: 14
Thanks: 0
Thanked 0 Times in 0 Posts
Mark2002 is on a distinguished road
Default What is my GXP worth

I have been given the job of selling the 2005 GXP for Mom, after Dad passed a short time ago. He bought it new and hardly drove it. The clock says only 5k miles, and I know he paid over $40k for it. It is a high option car. Any opinions on what it would bring? Thanks in advance for any info.

I just realized I may have posted in the wrong area. I'm new ....sorry abou that.
Mark2002 is offline   Reply With Quote
Old 04-23-2008, 06:53 PM   #2
Senior Member
True Car Nut
 
Join Date: Sep 2006
Location: Bloomington, MN
Posts: 3,693
Thanks: 0
Thanked 0 Times in 0 Posts
GoldenBullet is on a distinguished road
Default

www.kbb.com

good place to start
GoldenBullet is offline   Reply With Quote
Old 04-23-2008, 09:00 PM   #3
Senior Member
Expert Gearhead
 
Join Date: Dec 2002
Location: Mississauga, Ontario
Posts: 20,892
Thanks: 0
Thanked 1 Time in 1 Post
Jim W is on a distinguished road
Default

I did a KBB search for the closest US zip code to me (Detroit) and excellent condition, with 5000 miles, came back a scary low of $16 656 (private sale).

Sad....but, hey its how it goes.
Jim W is offline   Reply With Quote
Old 04-23-2008, 09:08 PM   #4
Senior Member
Posts like a Turbo
 
Join Date: Mar 2007
Location: Dayton,Ohio
Posts: 217
Thanks: 0
Thanked 0 Times in 0 Posts
All Things GXP is on a distinguished road
Default

I saw your craigs list ad and you have it priced way to high! Like Jim said the resale value on the GXP is terrible. The dealership where I bought my car from had it listed for $18,999 with 12k on it and 1 year later with only 19k its worth a sad 13k and I owe a lot more than that
All Things GXP is offline   Reply With Quote
Old 04-23-2008, 11:29 PM   #5
Junior Member
Posts like a Ricer Type-R
Thread Starter
 
Join Date: Apr 2008
Location: Northern NJ
Posts: 14
Thanks: 0
Thanked 0 Times in 0 Posts
Mark2002 is on a distinguished road
Default

Amazing. For that kind of money we would probably just keep it. I'm hoping the fact that it hasn't been driven will fetch a little bit more.
Mark2002 is offline   Reply With Quote
Old 04-23-2008, 11:33 PM   #6
Senior Member
True Car Nut
 
Join Date: Jul 2006
Location: Granville, Ohio ~NEBF '07 Survivor~
Posts: 5,001
Thanks: 0
Thanked 0 Times in 0 Posts
petraman is on a distinguished road
Default

You have to remember, it'* still a 3 year old car, and actually many people tend to stay away from lower mileage cars, as that could mean that it was sitting for a long time (could lead to vacuum, fuel line rot) or subjected to a lot of stop-and-go traffic. Sadly, GXPs aren't as sought after as other cars in its class, which is the main reason you couldn't sell it for 30k. The most you could sell it for, IMO, is around 25k. I've seen dealers sell 2004 GXPs with around 50k miles for 18k or even 20k and, while you're not a dealer (I think), you could too with some work. Just know that it probably won't sell here
petraman is offline   Reply With Quote
Old 04-24-2008, 09:09 AM   #7
Junior Member
 
Join Date: Mar 2003
Location: Purgatory
Posts: 0
Thanks: 0
Thanked 0 Times in 0 Posts
vital49 is on a distinguished road
Default

This isn't a mechanical issue. Moved to General Chat.
vital49 is offline   Reply With Quote
Old 04-24-2008, 10:05 AM   #8
Senior Member
Expert Gearhead
 
Join Date: Dec 2002
Location: Mississauga, Ontario
Posts: 20,892
Thanks: 0
Thanked 1 Time in 1 Post
Jim W is on a distinguished road
Default

Quote:
Originally Posted by Mark2002
Amazing. For that kind of money we would probably just keep it. I'm hoping the fact that it hasn't been driven will fetch a little bit more.
Probably a good idea. My Aurora is worth about $12 dollars, so I just try to enjoy it and not think about how much its worth in the eyes of others.
Jim W is offline   Reply With Quote
Old 04-24-2008, 12:24 PM   #9
Senior Member
Certified GM nut
 
Join Date: Mar 2007
Location: Yuma, AZ.
Posts: 1,936
Thanks: 0
Thanked 0 Times in 0 Posts
GXP_Vince is on a distinguished road
Default

I had a 2004 GXP with 37k on it when it was totaled. The insurance company gave me $19,700 IIRC. This was back in February. Hopefully that helps out.
GXP_Vince is offline   Reply With Quote
Old 04-24-2008, 12:39 PM   #10
Junior Member
Posts like a Ricer Type-R
Thread Starter
 
Join Date: Apr 2008
Location: Northern NJ
Posts: 14
Thanks: 0
Thanked 0 Times in 0 Posts
Mark2002 is on a distinguished road
Default

Sorry to hear about you 2004......How about a really clean 2005 to replace her?

I guess I need to face reality on the price.....
Mark2002 is offline   Reply With Quote
 
 
Reply

Related Topics
Thread Thread Starter Forum Replies Last Post
are the '05 Bonneville GXP really worth it? theonlypheonix Introductions for new members 27 10-02-2011 01:10 PM
GXP Owners...GXP Badge PIC wanted and NEEDED! bonnie94ssei Lounge 26 05-28-2006 07:00 PM
Your May COTM Winner: GXP Venom's 2005 GXP! Mortehl Your Ride: GM Pictures & Videos 41 05-17-2006 03:11 PM
2005 Bonneville GXP -vs- 2006 Grand Prix GXP carlmorrell General GM Chat 21 02-19-2006 08:29 PM
SC GXP vs V8 GXP bigd Bonneville GXP/ Northstar Powered Cars 9 04-30-2004 12:21 AM


Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



All times are GMT -4. The time now is 10:51 AM.


We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.