3rd Generation (2015+) Say hello to the newest member of the Fit family. 3rd Generation specific talk and questions here.

Trade-in value of a 2015 Fit

Thread Tools
 
Search this Thread
 
Old May 23, 2015 | 01:46 AM
  #21  
Fit_as_a_butchers_dog's Avatar
Joined: Nov 2014
Posts: 385
From: SoCal
Oh, I'm hanging on to my Fit for awhile. It's just too amazing with all it does. Had to zip around holiday traffic today and I had a blast. I feel bad for other people who have paid so much for cars and are having half the fun driving that I am.
 
Old May 23, 2015 | 08:02 AM
  #22  
robertsmithfromthecure's Avatar
Joined: Nov 2014
Posts: 236
From: South Carolina
5 Year Member
Originally Posted by festiboi
Trying to at least.... and have had plenty of sleep to think about


The Fit just hasn't been what I thought it was going to be. The quality issues have been aggravating and unexpected.


I find the Sonic to be much more refined on the road; quieter and more composed. The gearing of the manual is much better sorted, and the front seats are more comfortable with plentiful legroom. I also like the styling much more, I don't get the Fit's odd creases and holes in the bumper. The Sonic's pseudo motorcycle theme is kinda cool. Lastly, buying a car made here in the US makes me just feel better as well.


To me, the only things that the Fit does better than the Sonic are rear seat room (I'm not back there anyway, and it still beats the Fiesta), fuel economy, and I do know (unless I get a lightly used one) resale will kill me
Well, I guess if its a better fit for you. I didnt drive the manual Sonic or Fit so cant comment on it. I seem to remember a little bit better left leg room in the Sonic as sometimes I find myself pushing my leg on the dead pedal in the Fit. I'm the other way on the Chevy's and the Fit's styling. I know from your other threads your Fit woes, which really really suck, so I imagine if I'd gone thru the same thing I might feel the same.

Good luck with it whichever way you go.
 
Old May 23, 2015 | 09:49 AM
  #23  
festiboi's Avatar
Thread Starter
|
Member
Joined: Nov 2014
Posts: 230
From: Los Angeles, California
Originally Posted by robertsmithfromthecure
Well, I guess if its a better fit for you. I didnt drive the manual Sonic or Fit so cant comment on it. I seem to remember a little bit better left leg room in the Sonic as sometimes I find myself pushing my leg on the dead pedal in the Fit. I'm the other way on the Chevy's and the Fit's styling. I know from your other threads your Fit woes, which really really suck, so I imagine if I'd gone thru the same thing I might feel the same.

Good luck with it whichever way you go.

Thanks Robert for the understanding response. I really, really wanted to like the Fit. I wouldn't have bought it as my first NEW car if I didn't.


As someone else stated, I'm biased toward owning American cars. Aside from my old "collector car", a 1988 Daihatsu Charade with 50k miles, all of my cars have been American. It's probably silly, but it makes me feel good knowing that I helped the local economy and spawned jobs here. And all my cars have been pretty trouble free. My parents had some major issues with GM when I was a kid, so I tended to stay with Ford, and my last Focus was not only fun, but also reliable in the six years I had it.


I felt a bit dirty buying a Japanese brand, but the new Fiesta and Focus are too cramped for me, and I was still a little untrusting of GM. I felt better knowing the Honda would be reliable, based on my experience with the Charade. That car is built like a bank vault and has had no mechanical issues or even rattles despite being 27 years old. It represents how well 1980's Japan built its cars. Unfortunately, the Fit has been very problematic.


I'll be taking the Fit on a Memorial Day trip this weekend and see how I feel about it after a few hours behind the wheel, and will see how the dent drama goes in a couple of days.


Still like the Fit and it's an insanely practical small car. It just hasn't been the carefree experience I had expected from Honda or any Japanese brand.
 
Old May 23, 2015 | 08:42 PM
  #24  
2015FIT's Avatar
Member
Joined: Jan 2015
Posts: 178
From: Houston
Carmax offer on 5/23/2015

I just got back from Carmax (05-23-2015) and my Fit was appraised at: $12,500.
Seems a bit low to me, but well, at least it gives me an idea.
For reference, I have a yellow LX MT with 4,092 miles at appraisal. This was in the Houston area.
 

Last edited by 2015FIT; May 23, 2015 at 08:46 PM.
Old May 23, 2015 | 09:31 PM
  #25  
Vanguard's Avatar
Member
Joined: Jun 2014
Posts: 690
From: Tennessee
5 Year Member
Originally Posted by 2015FIT
I just got back from Carmax (05-23-2015) and my Fit was appraised at: $12,500.
Seems a bit low to me, but well, at least it gives me an idea.
For reference, I have a yellow LX MT with 4,092 miles at appraisal. This was in the Houston area.
Wow, that seems too low. Going on the carmax website and searching for 2015 Fit LX, all I found was a Milano Red 2015 LX, with 13,000 miles for $17,599.00 no haggle price. Of course it was also the CVT, but I still think they tried to get yours on the cheap.

Did you tell them you would be buying your replacement from them? When I had mine appraised, I made the mistake of telling them I would not be buying my replacement from CarMax, and they came in $2,000.00 cheaper on my 2008 Base Fit that either of the local Honda dealers did.
 
Old May 23, 2015 | 09:46 PM
  #26  
2015FIT's Avatar
Member
Joined: Jan 2015
Posts: 178
From: Houston
Originally Posted by Vanguard
Did you tell them you would be buying your replacement from them? When I had mine appraised, I made the mistake of telling them I would not be buying my replacement from CarMax, and they came in $2,000.00 cheaper on my 2008 Base Fit that either of the local Honda dealers did.
I actually thought of that and expressed interest in some of their cars - I even took a test drive of a Prius C.
I don't think I'm going to replace my Fit, but the idea crosses my mind now and then.
 
Old May 23, 2015 | 09:58 PM
  #27  
Myxalplyx's Avatar
Member
Joined: May 2014
Posts: 1,917
From: Delaware
5 Year Member
Originally Posted by andre181
I've been looking for a more fun car.

If Subaru releases a hatchback WRX for 2015/2016, I'll trade my GK for that. Otherwise, I'm keeping the GK for a while because I don't want to think of the loss I'll take on it if I don't.

^^^THIS! Automatic CVT for me! I'm a Subaru guy at heart! Enjoying the mpg right now though.
 
Old May 23, 2015 | 10:15 PM
  #28  
Vanguard's Avatar
Member
Joined: Jun 2014
Posts: 690
From: Tennessee
5 Year Member
Originally Posted by 2015FIT
I actually thought of that and expressed interest in some of their cars - I even took a test drive of a Prius C.
I don't think I'm going to replace my Fit, but the idea crosses my mind now and then.
Have you considered the Honda HR-V? It is like a Fit on steroids, and so far (cross your fingers), they have not been cursed with the Fit issues that also came out of Mexico. In fact, they are currently coming with both engines and transmissions that were built in Japan!

You might also get better treatment on the trade with a Honda dealership.
 

Last edited by Vanguard; May 23, 2015 at 10:16 PM. Reason: spelling
Old May 23, 2015 | 10:26 PM
  #29  
Stingray's Avatar
Member
Joined: Jul 2014
Posts: 466
From: Arizona
Originally Posted by Vanguard
CarMax tried to get my 2008 Fit on the cheap.....$2,000 less than I sold it to a local Honda Dealer for. I wanted to get the car sold so I could go on a hunt for the new 2015. I was afraid either my Wife of Daughter would wreck the car before we could find it's replacement, so I sold it to the highest bid from a variety of Honda dealers. Car Max came in way low....
I sold my 2010 Fit to a Chevy dealer for cash. Got KBB high trade in value. KBB has some dealers that will give you full KBB cash trade in value. Check it.
 
Old May 23, 2015 | 11:52 PM
  #30  
sonicfox's Avatar
New Member
Joined: May 2015
Posts: 17
From: Davenport, USA
Originally Posted by 2015FIT
I actually thought of that and expressed interest in some of their cars - I even took a test drive of a Prius C.
I don't think I'm going to replace my Fit, but the idea crosses my mind now and then.
What did you think of the Prius C? The gas mileage and green factor would be the only reasons to go from a Fit to the C.
 
Old May 24, 2015 | 09:38 AM
  #31  
2015FIT's Avatar
Member
Joined: Jan 2015
Posts: 178
From: Houston
Originally Posted by sonicfox
What did you think of the Prius C? The gas mileage and green factor would be the only reasons to go from a Fit to the C.
I actually liked the Prius C, and if I happen to find one that is in good condition, has low miles, and is priced about even or less than what I get for my Fit, I would probably get it.
Now, having said that, the main reasons would be the gas mileage, more comfortable seats, and that I actually liked its dorky interior and the fact that the AC can be set to a specific temperature. I do think that the Fit is more fun to drive, is more spacious, is faster, has a more airy cabin and a more ergonomically practical use of space, has a sleeker style inside and out, has better visibility, and a few other things.
So I do like me Fit and think that it has a lot going for it, but based on my personal preferences (especially the MPGs), I would get the Prius C, BUT ONLY IF I find one at a price that would net me about even with the trade-in value of the Fit. So I'll look, but I won't go crazy over it.
 
Old May 24, 2015 | 11:38 AM
  #32  
sonicfox's Avatar
New Member
Joined: May 2015
Posts: 17
From: Davenport, USA
Originally Posted by 2015FIT
I actually liked the Prius C, and if I happen to find one that is in good condition, has low miles, and is priced about even or less than what I get for my Fit, I would probably get it.
I'm not sure if you saw my post about what I didn't like about the Prius C:
https://www.fitfreak.net/forums/gene...ml#post1307086

It was a 2013 which I ended up trading for the new Fit. It was mostly personal annoyances. I certainly wouldn't discourage anyone to buy a Prius C because I think it would provide reliable transportation for a long time. In fact, I wouldn't have thought about getting rid of it until the tail light filled with water and the ac/heater buttons stopped working. I got mad an decided to test drive the new Fit. I'll admit though, I'm biased. My heart has always been with the Fit since I test drove one five years ago. So, it didn't take the sales guy long to talk me into buying it. For me, I made the right decision. If I start having little issues with it over time, I'll fix them without getting as mad because I love this car.
 
Old May 24, 2015 | 12:08 PM
  #33  
2015FIT's Avatar
Member
Joined: Jan 2015
Posts: 178
From: Houston
Originally Posted by sonicfox
I'm not sure if you saw my post about what I didn't like about the Prius C:
https://www.fitfreak.net/forums/gene...ml#post1307086
I did see your post - thanks for the info. I still think the Prius C is a neat car.
However, due to financial reasons, I'll only consider a Prius C if I run into a good deal, but other than that, I'm still satisfied enough with the Fit. I just wish I could get solid 40s for MPGs (I do get them as you can see from my fuelly, but it takes some work to get there, especially when I hit traffic jams and red lights).
 
Old May 26, 2015 | 07:35 AM
  #34  
GoBucky's Avatar
Member
Joined: Jan 2015
Posts: 798
From: Wisconsin
Originally Posted by Vanguard
Going on the carmax website and searching for 2015 Fit LX, all I found was a Milano Red 2015 LX, with 13,000 miles for $17,599.00 no haggle price.
That's crazy, you can get a new one for less than that.
 
Old May 26, 2015 | 04:21 PM
  #35  
festiboi's Avatar
Thread Starter
|
Member
Joined: Nov 2014
Posts: 230
From: Los Angeles, California
Originally Posted by GoBucky
That's crazy, you can get a new one for less than that.
That seems to be common at Carmax. Quite often a used one or two year old car is the same price as a brand new one, or sometimes even more. There is a Carmax about two miles from me, and I'll go there on weekends when I'm bored, and sometimes find the ridiculous prices amusing (but also sad since they are no-haggle and people actually pay those prices when they could have had a new car instead). The concept of depreciation doesn't seem to apply to them.

It's the perfect place to go when you don't know anything about cars and want to buy somewhere relaxing and without pressure. However, that happy facade does cloak some heavily inflated and unfair pricing
 
Old May 26, 2015 | 11:58 PM
  #36  
festiboi's Avatar
Thread Starter
|
Member
Joined: Nov 2014
Posts: 230
From: Los Angeles, California
For the Memorial Day weekend as a special promotion, Beepi offered me $15,200 today for the Fit. That is mighty tempting. They guarantee to sell the car for me for at least that much, within 30 days, or will buy the car from me after that.


Funny thing is now I'm actually starting to feel sad with the thought that I may see this car go. I really, really, really wanted to like it, and still do in many ways
 
Old May 27, 2015 | 06:45 PM
  #37  
KenBT's Avatar
Member
5 Year Member
Joined: Sep 2008
Posts: 129
From: San Pedro, CA
Better trade it in NOW...


Just received in the mail from Honda the new 2015/2016 Model Lineup and it had the "2016 Honda Fit" listed!


So you know what that means- your trade- will get LOWER!
 
Old May 27, 2015 | 08:00 PM
  #38  
festiboi's Avatar
Thread Starter
|
Member
Joined: Nov 2014
Posts: 230
From: Los Angeles, California
Originally Posted by 2015FIT
I just got back from Carmax (05-23-2015) and my Fit was appraised at: $12,500.
Seems a bit low to me, but well, at least it gives me an idea.
For reference, I have a yellow LX MT with 4,092 miles at appraisal. This was in the Houston area.
Wow, that does seem really low. Like someone said, that'd end up selling your Fit for upwards of $17k. No deal [slamming down the button]
 
Old May 27, 2015 | 08:09 PM
  #39  
jetto-setto's Avatar
Member
Joined: Feb 2015
Posts: 55
From: California
Just my two cents: initial quality issues can be aggravating, but they're not always a great way to judge the overall longevity of the car. Your car is still under warranty, and thus even if it has more issues you'll be safe for a while. IMO, it doesn't make any real sense to lose money on quickly selling a car you just bought new, when it's still under warranty and there's no guarantee whatever you replace it with will be any better.

I've got 10K on mine and the initial little concerns I had seem to have all been worked out.
 
Old May 27, 2015 | 08:33 PM
  #40  
festiboi's Avatar
Thread Starter
|
Member
Joined: Nov 2014
Posts: 230
From: Los Angeles, California
Originally Posted by jetto-setto
Just my two cents: initial quality issues can be aggravating, but they're not always a great way to judge the overall longevity of the car. Your car is still under warranty, and thus even if it has more issues you'll be safe for a while. IMO, it doesn't make any real sense to lose money on quickly selling a car you just bought new, when it's still under warranty and there's no guarantee whatever you replace it with will be any better.

I've got 10K on mine and the initial little concerns I had seem to have all been worked out.
Makes total sense, and your input is much appreciated. My hope was that once these little bugs get worked out that maybe, just maybe, the remainder of the ownership experience would be carefree. But then again, it could be a recurring theme. It's reassuring to know that you had the first experience and that there is hope.


Now that reality is hitting and I could possibly sell the car through Beepi, I'm realizing that it's a terrible idea financially. Any new car is an awful investment, and getting hit with depreciation twice in less than one year on the second car is even more painful. And there is no guarantee that the next car could be better, especially since it'd likely be a GM product.


The warranty is still in effect for the time being, and these are all factors to consider.
 



All times are GMT -4. The time now is 06:16 PM.