Results 1 to 6 of 6
  1. #1
    Hall-Of-Famer
    Points: 37,465, Level: 59
    Level completed: 68%, Points required for next Level: 385
    Overall activity: 0%
    Achievements:
    SocialVeteran25000 Experience Points
    drmwevr08's Avatar
    Join Date
    Nov 2006
    Location
    Omaha, NE
    Posts
    3,580
    Points
    37,465
    Level
    59
    Thumbs Up
    Received: 36
    Given: 17

    Used car pricing

    We are in the market for a used car as our daughter will need to drive our crapper between her two HS campuses this fall. I'm still wide open on what to buy but I have noticed some odd issues as relates to pricing. In comparing two seemingly reasonable sources, Edmunds and Kelly Blue Book, the pricing they show is generally very far apart, often 1000s even for cars under 10k. I frankly think that the Edmunds numbers are better, in fact the last two cars I sold were a lot closer to Edmunds prices than KBB. It strikes me that KBB is the primary one used because it benefits the retailers (higher prices). Any thoughts or actual knowledge on the matter from our CF members?


    Nothing to see here mods. Keep moving.

  2. #2
    Pro
    Points: 60,436, Level: 76
    Level completed: 25%, Points required for next Level: 1,214
    Overall activity: 0%
    Achievements:
    Created Album pictures50000 Experience PointsVeteranSocial
    geburgess's Avatar
    Join Date
    Jan 2010
    Location
    WDSM, IA
    Posts
    2,382
    Points
    60,436
    Level
    76
    Thumbs Up
    Received: 1
    Given: 0

    Re: Used car pricing

    Cite KBB when selling or trading in at a dealer. When buying, use Edmunds. That's what I've done, has seemed to work well.


    Keepers of the Faith -- The Unknown



  3. #3
    Legend
    Points: 123,377, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 86.0%
    Achievements:
    50000 Experience PointsVeteran
    Cyclonesince78's Avatar
    Join Date
    Mar 2012
    Posts
    10,231
    Points
    123,377
    Level
    100
    Thumbs Up
    Received: 3,760
    Given: 3,458

    Re: Used car pricing

    try www.nada.com They are much closer to the actual value than KBB.



  4. #4
    Speechless
    Points: 429,556, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 100.0%
    Achievements:
    SocialOverdriveVeteran50000 Experience Points
    Wesley's Avatar
    Join Date
    Apr 2006
    Location
    Omaha
    Posts
    64,379
    Points
    429,556
    Level
    100
    Thumbs Up
    Received: 1,351
    Given: 1,006

    Re: Used car pricing

    Walk through carmax lot and check out comparison prices.


    Let my Fred's Posse Ride: Georges, 3sus, Hallice, Deonte, Dustin, Abdel, Monte, Matt, and McKaT.

  5. #5
    Pro
    Points: 21,917, Level: 45
    Level completed: 30%, Points required for next Level: 633
    Overall activity: 0%
    Achievements:
    10000 Experience PointsVeteran
    Three4Cy's Avatar
    Join Date
    Jan 2010
    Location
    West Des Moines
    Posts
    2,003
    Points
    21,917
    Level
    45
    Thumbs Up
    Received: 60
    Given: 48

    Re: Used car pricing

    Even if you are not going to finance the car, go talk to your bank and get values. They will tell you what the amount they will lend on the vehicle. Compare the price vs. what the bank will lend and use what the bank will lend as the maximum amount you would pay for the vehicle.



  6. #6
    Legend
    Points: 214,945, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 7.0%
    Achievements:
    SocialCreated Album picturesVeteran50000 Experience Points
    dmclone's Avatar
    Join Date
    Oct 2006
    Location
    50131
    Posts
    14,299
    Points
    214,945
    Level
    100
    Thumbs Up
    Received: 575
    Given: 846

    Re: Used car pricing

    Nadaguides.com

    I also check out cars.com to see what similar cars are bringing. For sub $10k cars I think it is a lot more about the condition/history of the actual car itself.



Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
  • TV: TBD
  • FOOTBALL: Iowa State vs. UNI
  • August 29, 2015
  • 06:00 PM