kbb vs edmonds vs nada
- Thread starter fx35_UCH
- Start date
I wouldn't rely to much on those sites. I usually put a car over 2-3k, and will negotiate. Try to get a quote from carmax and after just add 2k to the price or more and sell it.
If the price is right it will sell, just dont put your car over 5k, and always be willing to negotiate. I sold 08 porsche cayenne turbo s recently and i specifically wrote on the title willing to negotiate. I had weird prices coming through, but one was right and sold it.
If the price is right it will sell, just dont put your car over 5k, and always be willing to negotiate. I sold 08 porsche cayenne turbo s recently and i specifically wrote on the title willing to negotiate. I had weird prices coming through, but one was right and sold it.
Last edited:
FYI, kbb, nada and all those books are garbage. The way used cars are valued for resale is based on that weeks auction sales. There is a book published called the blackbook and it comes out once a weeks and is based on what that particular car sold for at the auction that week. When you buy a car from a dealer they will always show you the yellow book which is retail info from dealers and what their cars sold for over the last month. But if you have ever traded a car in you will have noticed the dealer always bases his trade in amount on the blackbook, which is wholesale. That way if he can't sell the car retail he can run it throughout the auction and at the very least break even. Also keep in mind that this information is regional, meaning that if you by a 4x4 in michigan right now the prices in the black book for that area will be much higher than say Florida for that week and vise versa for say convertible Mercedes sold in Florida that week. Also keep in mind that the prices will change from week to week based on how many, if any of that particular car sold in the week prior. And whatever any of you do NEVER EVER buy a car that you can rent from the car rental places, meaning Avis, budget etc. The auctions will be flooded with them and they will not hold their value. When I moved to Florida in the mid 90's my next door neighbor was a retired cadilac dealer and he wholesaled cars on the side and we became pretty good friends and I used to go to the auctions with him and I learned a lot about buying and selling cars. The best advise I could offer in regards to finding what a car is really worth is to call a dealer and ask them for black book vs. Yellow book and you are probably safe somewhere in the middle. If you own any type of business you can call blackbook and sweet talk the girls there and 99% of the time they will sell you a subscription. Which is 52 weeks and will cost you about $150.00 for the year
Last edited:
- Car
- 2005 Ford Excursion
I find craigslist (thats where most ppl go nowadays to look for stuff right?) to be a pretty good price indicator. See what the same car is selling for (with similiar milage, year, etc) and price yours a bit lower. Then wait. If it doesn't sell in a week you priced it too high.