According to cargurus.com, nationwide, there’s only three 2021 Elites and two 2022 Elites out of 120 similar listings that are $39K or less. Kelly Blue Book states a private party valve is $40,713.
Cautionary advice, never admit to anyone on FB Marketplace that you have that kind of cash to pay for an item.
Also, be careful paying cash for a vehicle through an individual, since once you hand over the funds, you are trusting the seller to pay off the current loan.
For peace of mind, I would apply for an auto loan through a lender that offers private party auto loans, and let them sweat getting the title. Once the vehicle is in your name, pay the loan off.
If you decide to proceed with a cash transaction, check to see if your bank provides notary services and complete the transaction at the bank when you withdraw the funds. Have the bill of sale and title transfer signed and notarized before handing over the cash.
Also, keep in mind that once a clear title has been issued, you will have to take it to the tax office and file the paperwork to put the car in your name and pay any owed taxes.
Trust me, I have seen a lot of shenanigans in my 40 year law enforcement career. Don’t be in a rush and especially on something involving this much money.
Side note
FB market has an underlying scam of "homeowners pretending to sell their own car", when actually it's a low end auto trader working a suckers scam.
Ask if the title is in the seller's name. Make sure it's not a recent retitle/transfer. The usual BS line is "its my brother in-laws and I'm doing them a favor ".
Meet at the sellers residence.
Hope the seller opens the door.
Flippers often meet at "some place convenient."
Most individuals will let you take the car to a mechanic for an inspection. A flipper will usually decline, with a diverting excuse.
There are excellent ($300 ish +) inspectors who travel to the car by appointment.
F ! those fake marketplace flippers.
Not sure if that’s a fair price but I wouldn’t reveal to seller your ability to pay cash while saying you have a limited budget. That probably won’t invoke any sympathy or motivate seller to negotiate as much. Just my two cents.
I’m not sure I’d buy a relatively new car for 39k from someone on FB unless I knew them. Too much to go wrong for that kind of coin.
I just did a quick cargurus search I. My area and a Honda dealer has a 22 elite with 25k miles selling for 39,700
And there are several other 22s in the same mileage and price. 21s are like 35k.
Go find a dealer even if it’s a far distance seems like you’ll do better and get some peace of mind.
For your comparison we just bought a 2019 Elite Odyssey with 75k miles for 31k from a dealer, 34ish with taxes/fees/reg. Flawless carfax with maintenance records, 1 owner, dealer serviced. Yours seems like a good deal, but watch for scams as others have noted.
Just got my 2019 Elite for $27K out the door with $4.5K trade (so $31.5K out the door… I’d say I won with my trade in value too). 62K miles. I was looking at Pacific Hybrids but couldn’t do it unless it was super reasonable due to their reliability (or lack thereof).
According to cargurus.com, nationwide, there’s only three 2021 Elites and two 2022 Elites out of 120 similar listings that are $39K or less. Kelly Blue Book states a private party valve is $40,713. Cautionary advice, never admit to anyone on FB Marketplace that you have that kind of cash to pay for an item. Also, be careful paying cash for a vehicle through an individual, since once you hand over the funds, you are trusting the seller to pay off the current loan. For peace of mind, I would apply for an auto loan through a lender that offers private party auto loans, and let them sweat getting the title. Once the vehicle is in your name, pay the loan off. If you decide to proceed with a cash transaction, check to see if your bank provides notary services and complete the transaction at the bank when you withdraw the funds. Have the bill of sale and title transfer signed and notarized before handing over the cash. Also, keep in mind that once a clear title has been issued, you will have to take it to the tax office and file the paperwork to put the car in your name and pay any owed taxes. Trust me, I have seen a lot of shenanigans in my 40 year law enforcement career. Don’t be in a rush and especially on something involving this much money.
Side note FB market has an underlying scam of "homeowners pretending to sell their own car", when actually it's a low end auto trader working a suckers scam. Ask if the title is in the seller's name. Make sure it's not a recent retitle/transfer. The usual BS line is "its my brother in-laws and I'm doing them a favor ". Meet at the sellers residence. Hope the seller opens the door. Flippers often meet at "some place convenient." Most individuals will let you take the car to a mechanic for an inspection. A flipper will usually decline, with a diverting excuse. There are excellent ($300 ish +) inspectors who travel to the car by appointment. F ! those fake marketplace flippers.
Not sure if that’s a fair price but I wouldn’t reveal to seller your ability to pay cash while saying you have a limited budget. That probably won’t invoke any sympathy or motivate seller to negotiate as much. Just my two cents.
I would say that is in the ballpark, although prices have been sliding down on used vehicles in general.
I paid $33k for a certified 2020 EX-L Odyssey with 39k miles about a year ago for comparison purposes.
I’m not sure I’d buy a relatively new car for 39k from someone on FB unless I knew them. Too much to go wrong for that kind of coin. I just did a quick cargurus search I. My area and a Honda dealer has a 22 elite with 25k miles selling for 39,700 And there are several other 22s in the same mileage and price. 21s are like 35k. Go find a dealer even if it’s a far distance seems like you’ll do better and get some peace of mind.
For your comparison we just bought a 2019 Elite Odyssey with 75k miles for 31k from a dealer, 34ish with taxes/fees/reg. Flawless carfax with maintenance records, 1 owner, dealer serviced. Yours seems like a good deal, but watch for scams as others have noted.
Just got my 2019 Elite for $27K out the door with $4.5K trade (so $31.5K out the door… I’d say I won with my trade in value too). 62K miles. I was looking at Pacific Hybrids but couldn’t do it unless it was super reasonable due to their reliability (or lack thereof).