kelly blue book Vs regional prices...

hungrymonkey

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Jul 7, 2006

#1

• Jul 7, 2006

• #1

my wife bought a new element and now I have to sell her old car. I looked up the KBB on it and it is right around $4,200. But I look at the autotrader and paper. The prices for the same car in the same condition are all over $5,000.

We paid $5,500 last year for it. Put on about 24,000 miles. Its an ok car but the problem is that I do not fit into it. I would gladly give up my 92 accord. But there is no leg room or head room for me. (I am 6'6").

I think I might bump up the price and work my way down. I have it listed at $4,400.

anyone have input?

 

FORCED2DV8

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Jun 6, 2005

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Grand Rapids MI

Jul 7, 2006

#2

• Jul 7, 2006

• #2

I fond that with almost any car, people always ask over KBB, Everyone want to think there car is made from gold, Some are really nice and may be worth a little more than KBB, but most are just overpriced.

 

hungrymonkey

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Jul 7, 2006

#3

• Jul 7, 2006

• #3

I agree.

although 5k is the lowest I can find a comparable car for. Most of the lsitings are higher. I am suprised I havent had more hits on it. Although I have only done a CL add. Might throw it in the autotrader for 5k and see if I get any hits, It gives me more bargaining room.

 

saleenster

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Aug 18, 2002

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Vancouver, WA

Jul 7, 2006

#4

• Jul 7, 2006

• #4

hungrymonkey said:

my wife bought a new element and now I have to sell her old car. I looked up the KBB on it and it is right around $4,200. But I look at the autotrader and paper. The prices for the same car in the same condition are all over $5,000.

We paid $5,500 last year for it. Put on about 24,000 miles. Its an ok car but the problem is that I do not fit into it. I would gladly give up my 92 accord. But there is no leg room or head room for me. (I am 6'6").

I think I might bump up the price and work my way down. I have it listed at $4,400.

anyone have input?

Click to expand...

Just for chit and giggles, what is her "old" car? Supply and demand is how prices get elevated, not so much the factor of we have gold in everything we own. Look at the 87-93 coupes for example. KBB is wicked low for what these cars sell for....supply and demand

 

nwapache

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Jun 27, 2006

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Seattle,WA

Jul 7, 2006

#5

• Jul 7, 2006

• #5

different guides are more applicable in different areas. The book thats most useful, and widespread around here is NADA. Kelly is mainly used by insurance companies and auto loan companies. I spent 5 years as an F&I manager in the auto business. thank god I made it out alive

 

96SVTpilot

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Mar 10, 2006

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Spanaway, WA

Jul 7, 2006

#6

• Jul 7, 2006

• #6

LOL, KBB is the biggest lowballer ever. That's why most dealers use it. They say my good condition 96 Cobra w/ 43,000 miles is only worth $9,000 (ppv) . I saw a 99 the other day with similar mileage for sale w/ asking price of $16,900. They prolly won't get it but I bet they get at least 15.

 

hungrymonkey

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Jul 8, 2006

#7

• Jul 8, 2006

• #7

saleenster said:

Just for chit and giggles, what is her "old" car? Supply and demand is how prices get elevated, not so much the factor of we have gold in everything we own. Look at the 87-93 coupes for example. KBB is wicked low for what these cars sell for....supply and demand

Click to expand...

Its a 97 Jetta. with 114K miles. It is an ok car, gets mid 30's for mileage. It just doesnt appeal to me personally. I was with a friend over in bend a few weeks ago. We had just finished a job interview and still had shirts and ties on. We were going to go to sisters to the rodeo but figured It would be a bad idea.
due to the probable amount of drunk rednecks, and we were two fancy dressed guys riding together in a very bright red Jetta. At least it wasnt a beetle...

96SVTpilot said:

LOL, KBB is the biggest lowballer ever. That's why most dealers use it. They say my good condition 96 Cobra w/ 43,000 miles is only worth $9,000 (ppv) . I saw a 99 the other day with similar mileage for sale w/ asking price of $16,900. They prolly won't get it but I bet they get at least 15.

Click to expand...

I have noticed that. I think I will list it on autotrader at a higher price. It will give me more room to barter with I guess.

 

hungrymonkey

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Jul 8, 2006

#8

• Jul 8, 2006

• #8

selling a car sucks.

there are alot of tire kickers and dumbasses. People will ask me about the maintenance history right after I tell them that I do not know what has been done to it.

Then they ask stuff about the bottle jack, or if the car originally came with the cd changer that is the trunk.
But they will not ask about how it runs, or if it burns oil.

I had one guy act like he was solving a huge mystery every time he found something wrong with the car. He would act like I was trying to hide if from him.

Its like, no **** buddy. It is a used car. Stuff gets broke or worn when its driven. If you want a perfect car then go buy a new one.

 

hungrymonkey

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Jul 9, 2006

#9

• Jul 9, 2006

• #9

sweet, I think its sold. The person buying it was concerned about the cv joints, and said he would pay the asking price minus the cost of having them replaced. Or I could take care of it and he would pay the asking price. The shop he went to told him between $300-$600 as a quote to replace them. I went to Knechts and was priced $70 each, I figure about 4 hours of labor if I take my time. It looks fairly simple.

Even if they guy backs out. I can use it as a selling point.

 

hungrymonkey

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Jul 9, 2006

#10

• Jul 9, 2006

• #10

Oops, forgot the reason why I was posting this. I might buy a fox if it all works out. I have my eye on a couple around here.

I have to offset the element with something that doesnt scream candy ass.