Hi All,
Long story short, in early 2017 I made purchased a 2014 Mustang Convertible (Black, Base Model) for $17k w/ ~32k miles, which now has ~53k miles on it. I am now looking to fix that situation by selling the mustang and buy something more economical. I would say the car is in good condition according to KBB (some very minor scratches and small hole in soft top, however no mechanical issues). I am not very handy at all when it comes to cars so the private market can seem a bit daunting as far as sales/purchasing, but I feel I've finally found a relatively good deal on both ends.
Selling Side - $11,500 Appraisal from CarMax, this seems decent considering the KBB values below.
KBB trade in value range $9,041 - $10,666. KBB private party value range $10,89-12,862.
Buying side - Looking at a Gray 2017 Toyota Yaris w/ ~43k miles from Hertz Car Sales for $10,390 (would likely be around $11.4k w/ taxes, registration, fees --- :( I live in California)
Any input on pricing, info on selling to CarMax, buying from Hertz (or used rentals in general), Yaris's, etc. would be greatly appreciated!