Are the "values" or "prices" of used cars in guides such as KBB and Edmund's have anything to do with reality? - used car price guides ontario
The values in the new guide listed car seems absolutely no connection with reality (the actual market value of). Thye were always inflated, but now they are twice the value.
KBB and Edmund are not just your numbers or something real, like online auction prices are based?
Friday, December 11, 2009
Used Car Price Guides Ontario Are The "values" Or "prices" Of Used Cars In Guides Such As KBB And Edmund's Have Anything To Do With Reality?
3 comments:
These guides, as you mentioned.
They have a variety of market information, and they add to a simple, easy to understand package.
However, it is only a guide, not a set of rules. Just because a car worth $ 5000, for example, does not mean that you are a customer, for it will be found on this value. You can save up to $ 4200, before they are sold. A cheap in May, the price in the leadership, but it is not the norm everywhere.
It also works in reverse. There are many people who have multiple cars on this list its value. A perfect example is a guy with a Toyota Supra (1980 style) on craigslist recently. In good shape, worth about $ 1800. I bought and sold several at this price. He wanted it for $ 8,000.
Of course, no one has purchased ......
The values of cars, a wise and prudent, are always very exaggerated one way or another, lol.
The values are suggested starting points. The fair values are based on averages of actual sales, but also for vehicles in very good condition. You can also use wholesale or values on these pages.
Vehicles will be sold at an auction do not lower wholesale prices.
only evidence
Blue Book value is more accurate.
If you read the fine print to see that less than one percent of all vehicles as "excellent" classification
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