What's it worth? 2011 Yaris with 3700 miles

[Lynn]

Have a client that recently passed just a year after her husband passed. They bought a 2011 Toyota Yaris 2 door coupe brand new, then quit driving for the most part.

That 3700 is not a typo. It really only has 3700 miles on it.

Car looks and smells new.

The client handling the estate lives out of State and doesn't want to mess with it.

I have found several 2011s described as "pristiine", one with 75k miles and one with 90k miles.

Both are priced over $14k. Client wants me to buy it for considerably less. I have put out some feelers, but don't have any friends or relatives in need of cheap transportation (gets 36 mpg on the highway) right now. I don't have time for things like this normally.

What do you guys think? Easy flip during a gas crisis?

[mnyenko]

Drive it over to your local Toyota dealer. They will probably pay close to high retail.

[Formula455SD]

Try Carmax. They will pay a premium for prime merchandise.

[AnthonyS]

I echo “carmax”. Bet you could get an offer without even picking the car up. Send them the 411 and photos and see what they say it’s worth. Cheers.

[Bill Pritchard]

I'd say if you could buy it for $10K you'd have no trouble selling it for a profit. Then if you feel particularly generous you could keep some of the profit for your troubles and send some back to the client or apply it to your fees.

[Too Many Projects]

I don't see where you would have any problem flipping it, Lynn. Like you say, it may take some of your time to deal with it, but it could be worth it.

[Lynn]

Wow. That was one of the quickest flips ever. Didn't even get a chance to detail it or even vacuum.

Found some folks in need who were thrilled to get it below market value.

Every one is happy.

Only one I ever did quicker was a BMW back in the late 80s or early 90s. We had a client who called and asked if we knew where a 525iS might be available on a Friday. Went to Dallas the next day, brought one that met his criteria home and sold it to him on Monday.

He still has the car. Several years ago, I converted it from an auto trans to a five speed. He is one of my best friends still. Recently retired brain surgeon that could buy whatever he wants, but still drives an 85 535iS as his DD.

[Too Many Projects]

Used car market is insane with the shortage of new vehicles.

Congrats on the quick sale and helping someone with the cost...

[Rfish]

With the car market and gas prices the way it is, that car should have easily sold itself!!