In need of opinions.

"Caleb "If a rally car can do it, so can my Malibu" M. S." (calebms)
10/05/2015 at 20:58 • Filed to: None

My dad is considering purchasing a !!!error: Indecipherable SUB-paragraph formatting!!! for $19k. It was previously a rental from the VIN check, and it has a few slight cosmetic defects. The dealer owes us a favor, and has offered to either repaint the offending panel, or throw on a hitch.

So what are your opinions on this truck?

P.S. my dad is very particular with his purchases, and only buys something when he can pay in full. I don’t know if this helps, but if its CP, then we know we can take our money elsewhere.

UPDATE: I KBB’d the price. Result below.

DISCUSSION (18)

jkm7680 > Caleb "If a rally car can do it, so can my Malibu" M. S.
10/05/2015 at 21:03

19k is WAY too much.

$9,000 sounds more like it.

Smallbear wants a modern Syclone, local Maple Leafs spammer > Caleb "If a rally car can do it, so can my Malibu" M. S.
10/05/2015 at 21:06

Coming from someone who has one, 19k is waaaaay too much unless it's a v8. If it is a v8, grab it. It's awesome and will hold its value well.

Smallbear wants a modern Syclone, local Maple Leafs spammer > jkm7680
10/05/2015 at 21:09

Based on those pics, yes. I don't see any v8 badging. It could have been debadged though, I looks like it's a high enough trim level to have it, in which case NP.

jkm7680 > Smallbear wants a modern Syclone, local Maple Leafs spammer
10/05/2015 at 21:10

The ad says it’s a 5cyl.

Smallbear wants a modern Syclone, local Maple Leafs spammer > Caleb "If a rally car can do it, so can my Malibu" M. S.
10/05/2015 at 21:12

Oh—and the hitch assembly is actually a different bumper assembly on these. Make sure the dealer knows what he is doing...

Caleb "If a rally car can do it, so can my Malibu" M. S. > jkm7680
10/05/2015 at 21:14

$9k with 72,000 miles? Dealer wants 20,500 for any other customer, but he’s our cousin.

Caleb "If a rally car can do it, so can my Malibu" M. S. > jkm7680
10/05/2015 at 21:15

Correct. It’s a stripper as far as we know.

Caleb "If a rally car can do it, so can my Malibu" M. S. > Smallbear wants a modern Syclone, local Maple Leafs spammer
10/05/2015 at 21:16

So what do you think optimal asking price would be?

LongbowMkII > Caleb "If a rally car can do it, so can my Malibu" M. S.
10/05/2015 at 21:16

I’m in the market for a regular cab colo/canyon but i’m at the bottom where your dad seems to be at the tippy top.

any real need for the crew cab? seems that he could easily put a bit more down for a 2015 canyon.

Smallbear wants a modern Syclone, local Maple Leafs spammer > jkm7680
10/05/2015 at 21:16

I actually didn’t even notice that there was a link until after I replied...

Well, CP, then. Even with really low miles I wouldn’t go over 12-14k (Canuckistani$) for a really nice one.

Logansteno: Bought a VW? > Caleb "If a rally car can do it, so can my Malibu" M. S.
10/05/2015 at 21:17

$19k is full-size V8 money of a similar year with similar miles. I love these Canyonrados but CP.

shop-teacher > Caleb "If a rally car can do it, so can my Malibu" M. S.
10/05/2015 at 21:18

I’m a fan of the Colorado. Although personally I’d never buy an ex-rental vehicle. I know what people like me, who bought the insurance and are damn well going to get their moneys worth out of it, do to rental vehicles.

jkm7680 > Caleb "If a rally car can do it, so can my Malibu" M. S.
10/05/2015 at 21:19

The KBB value would be around $13,000.

No offense, but it sounds like a bit of a ripoff.

Caleb "If a rally car can do it, so can my Malibu" M. S. > LongbowMkII
10/05/2015 at 21:23

Aesthetics, mostly. But he does haul my siblings around often.

Smallbear wants a modern Syclone, local Maple Leafs spammer > Caleb "If a rally car can do it, so can my Malibu" M. S.
10/05/2015 at 21:25

I actually didn’t notice you had a link... Just looked at it, this guy is out of his mind. I5, 75k miles, body damage, $20k US asking? Walk away.

When I bought my truck (v8) I paid about 19k CANADIAN before taxes. For a truck with 63,000 KILOMETERS. And no aesthetic defects. And nearly loaded (missing sunroof).

I would say that he shouldn't be asking more than 10-11k. Even then, it's probably a bit high.

Smallbear wants a modern Syclone, local Maple Leafs spammer > Logansteno: Bought a VW?
10/05/2015 at 21:29

Or, V8 Colorado money for half the miles.

This thing isn't worth a dime over 11k in my book, considering body damage.

wafflesnfalafel > Caleb "If a rally car can do it, so can my Malibu" M. S.
10/05/2015 at 21:51

good looking truck - offer 16,500, walk away before you get to 18,000, (unless you are actively overpaying to help your cousin.)

axiomatik > Caleb "If a rally car can do it, so can my Malibu" M. S.
10/06/2015 at 09:37

Kinja'd!!!

Crack pipe. This was probably a $25k truck when it was new. It has only depreciated ~$1k/year over 5+ years? I just did valuation on edmunds, and it came out to be $12,953 Dealer Retail for 75,000 miles and average condition. I may not have gotten the options exactly right, but it gives you an idea.