Hey guys,

I know how to check KBB..but how are the GE fits holding up in value in general? is there a demand for it in the used market? can we possibly get above KBB for it?

I am debating if I should keep or sell my fit. I found a couple of cars I am interested in trading up to.

 

Is there demand for small reliable fuel efficent vehicles when gas prices are rising again, yes.

 

In my area, I am seeing more and more fits on the road so the car must be getting more and more popular with time, I assume. Yet, I hardly ever see used Fits for sale in the local listings. Where as I might see a bunch of Civics and Accords, it's rare to see 1 or 2 fits. I would think you can get above KBB around here because anyone looking for a used Fit is not going to have many options. But I guess it all depends on location. Good luck.

 

Fits generally are gettingfair values as a trade-in as they do have a good used car market. as for KBB or NADA, don't expect much above wholesale value on trade-in against wholesale plus profit on the 'new' car.
If you have any signs of mods, rolled fenders. trimmed well wells, dropped suspensions, intake air, etc start deducting value big time. Few dealers will take a chance on non-stock vehicles. Those things are not wanted by most buyers.

 

Back in May and June of 2010, I was in the market for two used 2009 Fits. I found that the KBB values were all too high. They were the prices many dealers were listing at, but it was easy to find Fits for sale at lower prices. Also, many of the dealers listing high would come down substantially after just one email.

I found that the values given by edmunds.com were spot-on with what Fits were actually selling for in my area.

 

Ironically, I thought I was trading up to my new 2010 A/T FIT from my Accord which is still working perfectly fine when I traded in the Accord and upgrade to my FIT... IMO, from my point of view, I felt I have traded up to my FIT based on my lifestyle.... others may disagree because getting a FIT will only be as good as it fits your lifestyle..

 

If you aren't in a hurry to get rid of it, wait till gas jumps to the $3.50 mark. When it was $4 a few years back, most of the fuel efficient cars were getting full book value as the demand was very high for them.

 

Good advice!