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Great deal or too good to be true?

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Old 05-08-2009 | 01:30 PM
  #1  
DaPhatty's Avatar
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Joined: May 2005
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From: Pacifica/Elk Grove, CA
Default Great deal or too good to be true?

I just came across a 38k miles, Silver '06 that being sold for 16.5k (USD) by the owner. (It is difficult to tell if it's a Silverstone or Sebring from the pics.) The car was apparently repossessed due to non payment by the original owner and purchased by the second owner via an auction.

I'm having a hard time determining if this is just a really good deal or if there is something amiss. The only S2000s I've seen for such a low sale price either have LOTS of miles or have salvaged titles. I plan on seeing the car this weekend and having my trusted Honda shop inspect the car AND perform a compression test.

What do you guys think? Too good to be true or one heck of a steal?
Old 05-08-2009 | 01:34 PM
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GT_NFR's Avatar
 
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Get a carfax and have it inspected by a mechanic you trust. If everything checks out then it sounds like a sweet deal.
Old 05-08-2009 | 01:34 PM
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i havent look around in the market lately but it seems about right last i remember, with the tanking economy, i remember commonly seeing cars like 06/07s and such with even less miles than that going for $15-18k

Like i said, i havent checked the market in awhile, so it could have changed
Old 05-08-2009 | 01:38 PM
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NNY S2k's Avatar
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From: Plattsburgh, NY
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If you like it, buy it.
Old 05-08-2009 | 01:46 PM
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zzziippyyy's Avatar
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If its an auction car than your paying a lot,not that the car is not worth that. You would be surprised to see what auction sale prices really are.
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