nada?

 

kelly?

 

any others?

 

the reason I ask is bc I'm looking for another Outback from the 1990's and the price discrepency from these guides can be as much as $1000.

 

I only buy from private parties.

 

thanks

rsd

I prefer using Kbb, especially when buying cars, i find the kbb values are more accurately reflecting the going rates.

Generally KBB is high. This is what people quote to you when selling their car.

 

NADA is usually much lower, and what a dealer will quote you when you trade in your car.

 

The truth is somewhere in the middle.

 

 

If you're buying, I would use NADA to justify your offer since they are more accurate in describing condition versus valuation.

Edited March 2, 200917 yr by edrach

I use NADA.

 

KBB is a joke, I've never seen cars sell for the prices they list.

Generally KBB is high. This is what people quote to you when selling their car.

 

NADA is usually much lower, and what a dealer will quote you when you trade in your car.

 

The truth is somewhere in the middle.

 

 

If you're buying, I would use NADA to justify your offer since they are more accurate in describing condition versus valuation.

 

 

This is what I am seeing. Thanks, I'll use yor strategy.

I use both - KBB more. SInce my NADA book only shows loan value, retail, etc.

 

Some folks use Edmunds - never tried them.

 

But yes - a conbination. I usually try to buy, redo, and sell cheaper than or right around the KBB Private Party fair price.

 

I actually have a cheapie right now that I'm having difficulty selling - possibly beacuse it hasn't been redone. 2,800 for a 97 OBW.

 

I know they weren't keeping up with prices (even online) when gas was 4 bucks a gallon. So I don't know how often they re-assess and if they strickly do it lets say every 6 months or will move up the timetable due to market conditions.

 

I know NADA publishes relatively frequently but I think that has more to do with selling books that real significant price changes. Atleast on the cars that I follow.

I've always seen KBB as a tool for dealers. Values are unrealistically high.

 

I like Edmunds. They have what they call TMV (True Market Value) and it seems to reflect the real world market better.

I use both - KBB more. SInce my NADA book only shows loan value, retail, etc.

 

Some folks use Edmunds - never trie them.

 

But yes - a conbination. I usually try to buy, redo, and sell cheaper than or right around the KBB Private Party fair price.

 

I actually have a cheapie right now that I'm having difficulty selling - possibly beacuse it hasn't been redone. 2,800 for a 97 OBW.

 

I know they weren't keeping up with prices (even online) when gas was 4 bucks a gallon. So I don't know how often they re-assess and if they strickly do it lets say every 6 months or will move up the timetable due to market conditions.

 

I know NADA publishes relatively frequently but I think that has more to do with selling books that real significant price changes. Atleast on the cars that I follow.

 

 

 

RE Your OB for 2800. This is another question. With this econonmy there are deals all over the place. near me is a 99 OB with the 150k xervice just done with brand new tires by a private party for $1000 more than what it going to cost for me to change the HG on my OB.

 

I'm tempted to buy it and shelve my OB until i can maybe get a mechanic from work do my HG this summer for a lot less.

Something to think about if the HG's in it were done.

 

Folks have 2-3k in cash burning a hole in their pocket. Starts 3rd week in January now. Those folks that get the loan shark tax refund advance checks that gotta spend them right away. You should witness the public auctions.

 

 

I don't vary my prices. After C-mas it gets slow until towards the end of Jan as I just stated. Now income tax checks come in weekly. Weather warms up, the income tax money props up sales until spring weather. By then you have lots of folks buying cars, kids graduating, etc.

 

If you find a car you like for 2-3k or less BUY IT!! They are still selling fast. The cheaper the faster they sell since folks see that income tax money as free money. They forget that they paid it in before getting it back. Some of those folks it truely is free money (yours and mine) and they are the ones most likely to pay the loan shark rates since it really isn't their money they are wasting (it's ours).

Just an example of why I think KBB is insane. Right now I am selling 99 OB 30th limited. It's in what I consider average condition and has 170K. Runs fine with a good 2.2 in it, has some scuffs on the bumper. KBB has this car at $5600 private party. If I tried to advertise this car for $5600, I would not get even one person interested. I want $3500 for it and get a few inquiries a day. Usually for this price they sell in a week.

 

The only thing KBB is good for is people thinking they got a steal when they bought a car for a fair price.

Just an example of why I think KBB is insane. Right now I am selling 99 OB 30th limited. It's in what I consider average condition and has 170K. Runs fine with a good 2.2 in it, has some scuffs on the bumper. KBB has this car at $5600 private party. If I tried to advertise this car for $5600, I would not get even one person interested. I want $3500 for it and get a few inquiries a day. Usually for this price they sell in a week.

 

The only thing KBB is good for is people thinking they got a steal when they bought a car for a fair price.

 

your car would sell for that 5600 in Denver CO. but since its a rust beltcar, yes, your price is quite fair.

your car would sell for that 5600 in Denver CO. but since its a rust beltcar, yes, your price is quite fair.

 

But KBB supposedly uses zip code in determining their pricing.

well around here you can buy a brand new msrp 32 tahoe, for 15k, or a F250 for 15k that lists for 34k.

KBB is like 15,000 overpriced.

why buy used, when new is cheaper

well around here you can buy a brand new msrp 32 tahoe, for 15k, or a F250 for 15k that lists for 34k.

KBB is like 15,000 overpriced.

why buy used, when new is cheaper

 

Because market determines price. That is what they are worth. They will still depreciate when you drive them off the lot. Once used, they will not sell for that same price. Used is still a better value.