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06-23-2006, 02:03 PM
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#1 (permalink) |
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Addict
Location: USA
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Kelley Blue Book Accuracy?
How accurate are the price quotes off of Kelley Blue Book?
http://www.kbb.com/ I have my eye on a VW golf that is selling for about 600$ more than the Kelley Blue Book price. Who's price is right? The KBB price or the seller's price? |
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06-23-2006, 02:06 PM
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#2 (permalink) |
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... a sort of licensed troubleshooter.
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KBB is usually a bit high, www.edmunds.com is a lot better, IMHO.
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06-23-2006, 02:28 PM
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#4 (permalink) |
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Lover - Protector - Teacher
Location: Seattle, WA
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Kelley Blue Book is accurate if you're the seller.
__________________
"I'm typing on a computer of science, which is being sent by science wires to a little science server where you can access it. I'm not typing on a computer of philosophy or religion or whatever other thing you think can be used to understand the universe because they're a poor substitute in the role of understanding the universe which exists independent from ourselves." - Willravel |
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06-24-2006, 08:05 AM
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#6 (permalink) |
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Addict
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If you're buying a car at the listed Blue Book value, you're paying too much. In my experience, it is not at all difficult to find cars that are at least 5-10% below the listed value. Paying $600 over BB is a rotten deal.
__________________
The peculiar evil of silencing the expression of an opinion is, that it is robbing the human race; posterity as well as the existing generation; those who dissent from the opinion, still more than those who hold it. If the opinion is right, they are deprived of the opportunity of exchanging error for truth: if wrong, they lose, what is almost as great a benefit, the clearer perception and livelier impression of truth, produced by its collision with error. ~John Stuart Mill, On Liberty |
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06-24-2006, 08:23 AM
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#7 (permalink) |
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don't ignore this-->
Location: CA
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I shoot for a few benjamins under Kelley Blue Book. Usually the seller will ask for a couple hundred more than its value from kbb, and I come back with a really low figure, expecting a counter-offer of something more reasonable. If I'm still not happy this will go back and forth until we can settle on something we both can agree on (or I just walk away, which sometimes works to my advantage).
I just got a '96 Nissan 200SX for my gf in great condition with a bunch of nice features. According to BB I paid $250 less than the car's worth in fair condition, and $1,150 less than its price in excellent condition. Edmund's says I overpaid by a bit, but they have very few options available for their appraisals, so things like the new stereo, alarm, power doors, windows, and sun roof don't factor into their numbers. I agree that $600 over BB is ridiculous. Then again, I wouldn't get a VW anyways. My sister has had two and they are more troulble than they are worth.
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I am the very model of a moderator gentleman. Last edited by bermuDa; 06-24-2006 at 08:31 AM.. |
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| Tags |
| accuracy, blue, book, kelley |
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