Anyone run their book value lately?

a_d_a_m

a_d_a_m

Four Door Ford Whore
Once in a while I'll check the book values on my cars. I just ran the Marauder and was somewhat surprised at the results.

Mind you, this is for a 'good' condition 130k Marauder. Figure mine ranks that way with a

Edmunds: $4452 (trade $3830)
KBB: $5197 (trade $4342)
NADA: $6575 (trade $3625)

¯\_(ツ)_/¯

If I was inclined to sell it before, I'm certainly not now. The car is worth more than that to me.
 
Wow. I got ripped off. lol I paid almost 7 grand for mine with 112K miles.

Then again, I'm happy as hell with it so those books can go to hell. Didn't realize how undervalued these things are. My Marauder is comfy, fast, good handling, and gets 25mpg on the highway if I stay off the gas. I'm glad I never pay attention to resale value arguments. I pay what I think it's worth, and don't worry about changing anything from original. A lot of people buy a car as an investment, I just buy if I like it.
 
KBB trade-in range = $4,266 to $6,243 Good condition, 2004 with 134,000 miles.

Trade in = $5,255.

Private party = $6,111

And that's without considering any modifications such as S/C, stall converter, 4:10's, nitrous, pedals, stereo up grades and Mo's tune.

My asking price with all things considered is $3,426,743,87.

Cheers,
 
I just did kbb.com for my 2004 DTR with 69,000 miles. The value they gave surprised me, it was way higher than I thought it would be.
Excellent: 11,765
Very good: 11,167
Good: 10,213
Fair: 9,527
I rated my car as between Good and Very Good, but I'm very critical of my cars flaws so it could be higher than where I put it.
 
Every time I look at the 'book', no money comes out.
Value is exactly what the buyer pays you at time of sale.
 
My wife just totaled my 2003 300a. I bought it new and it had 85000 miles. State Farm gave me $13,000 for it. Not bad but I would never have sold it for that.
 
sell to private party values

KBB: 03 95000 miles to private party...

Fair:6185
Good:6756
Very Good:7538
Excellent:8017
 
I figure I have more money in paint that what it is worth at this point, Ill just keep driving the $h1t out of it :burnout:
 
Dealers Don't give you KBB or NADA. They give you Black Book Value. Which is what the car will get at auction. Working at a Ford dealer for 3 year taught me one thing for sure, the dealer NEVER loses. Even when you think you won, you didn't.
 
Bondfreak13 said:
Dealers Don't give you KBB or NADA. They give you Black Book Value. Which is what the car will get at auction. Working at a Ford dealer for 3 year taught me one thing for sure, the dealer NEVER loses. Even when you think you won, you didn't.
Click to expand...

I agree. Kind of like the house at a casino.
 
Bondfreak13 said:
Dealers Don't give you KBB or NADA. They give you Black Book Value. Which is what the car will get at auction. Working at a Ford dealer for 3 year taught me one thing for sure, the dealer NEVER loses. Even when you think you won, you didn't.
Click to expand...

How does the Dealer know what the car will get at auction?

All the auctions I have been to the prices vary dramatically because the value is based on a limited number of people for a very short period of time.
 
Bondfreak13 said:
Dealers Don't give you KBB or NADA. They give you Black Book Value. Which is what the car will get at auction. Working at a Ford dealer for 3 year taught me one thing for sure, the dealer NEVER loses. Even when you think you won, you didn't.
Click to expand...

While I agree in general, I'm not sure you can say NEVER.

When we bought my wife's Expedition for $3,900 the sales manager told me they paid $4,500 for it, and I have no reason to believe he was just trying to make me feel good. Based on the vehicle and the conversation, they lost money on that one.

That being said, I have no doubt they made up that $600 loss on someone else.
 
The Black Book is the only value guide issued weekly instead of monthly, reflecting the latest prices direct from actual or online automobile dealers. They also include CPI...Cars of Particular Interest..I don't see how it is related to auction..auction is wholesale prices, sure, they may try it as a starting point, but anyone savvy will just say no. But in all and all, a dealer isn't going to lose money on a trade in most cases...it will be made up on one end or another..maybe they give retail value of a car on trade, but they don't tell the buyer the manufacturer has a dealer incentive of $2k on the car they just bought..
 
You must log in or register to reply here.
Back
Top