My fiancé and I have been looking for a newer vehicle on a budget since we’ve got a baby coming.
I found this 2014 Acura MDX that is super clean, 52k miles, fully loaded, for $17k because it had water just barely get into the floorboards.
The current owner has been very transparent about it. He bought it from Texas in 2015 with 8k miles, had it repaired and inspected and has been driving it ever since with no issues according to him. I purchased a Carfax and everything he told me is accurate. They’re only selling because they bought a Tesla.
I’ve done my fair share of reading into it and it seems you have a lot more risk buying flood cars not long after its happened, but if its been driven for years after, its probably okay. We plan on keeping it for quite awhile, so resale value doesn’t worry me too much
I just want a second opinion on this.
Is the price fair? How do you determine that? Would you buy this if you were on a budget and needed a newer vehicle?
Thanks
Talk to your insurance agent before you even consider it and make sure they will insure it and that the premium will make sense. That is the first step but people often don’t do that until after they buy and then find out their insurance company won’t insure it or the premium is way higher than expected. It might not make any difference at all but definitely find out before you get too involved