My daughter is buying an '09 Yaris

[KorJax]

Originally Posted by roxy1

$7k seems kind of high. private party value on that car is around $5300 in pristine condition, and that's with power windows/locks.

You'd be surprised

The market isn't exactly flooded with them and its almost impossible to find a quality small hatchback earlier than 2009-2011 for sale but newer than 03-04 (aka when a used car starts getting actually cheaper to buy, but not super old). I guess most companies just didn't start making good quality small hatchback cars until just very recently.

The cheapest Yaris within 150 miles of me was the one I just bought at $6,800, and its an 07 manual with every optional feature except cruise (incl. spoiler). Miles are 110K. Other small cars in other makes/models were all 2011 or newer and all in the $10-14K price range - aka basically like buying a new car.

My only other options for small hatchbacks were cars I'd never touch with a 10 foot pole (aved, focus, accent, etc). One guy near me was even selling an '11 Yaris with almost 100K miles on it for over $10K and wouldn't budge on the price.

When it comes to small hatchbacks that aren't super old (90's cars) but aren't virtually new (2011+ so expensive), Yaris is basically your only option and there were hardly any being sold anywhere near me.

Its kind of funny, a car like the Yaris is pretty damn cheap compared to other cars when you buy new, but buying used? Not so much, despite what bluebook value says. People just don't want to part with them I guess.