Yahoo friends: Any dealers out there willing to give up a secret? What source do dealers use to value someone's trade-in? Someone told me to throw Kelly Blue Book out the door, that there's some kind of auction website that tells the dealer what the current price of a vehicle is at auction. Is this true?
2006-10-04 09:19:25 · 6 answers · asked by sunseekerrv 3 in Cars & Transportation ➔ Buying & Selling
Most car dealers use the "black book" The black book comes up with their pricing like this...They take 5 or 6 differrent auctions around the country and average what the cars are selling for at these auctions. This is how they determine the wholesale pricing on a used vehicle. Go to blackbook.com and check it out. Most dealers will try to own a vehicle for around average book. They will usually not add for low miles and things like that but you can be sure they will deduct for high mileage.....Kelly blue book is a retail pricing guide. Black book is a wholesale guide.
2006-10-04 11:48:27 · answer #1 · answered by Jeff C 2 · 0⤊ 0⤋
If you throw it out the door YOU will never know the true value, because Kelly Blue Book is pretty dang accurate. Car dealers would rather you be nieve and not know these things so they can jack up the prices. Until you find that site, keep the blue book.
2006-10-04 09:27:28 · answer #2 · answered by liljewel 3 · 0⤊ 0⤋
Kelley Blue Book has a special site/program that only dealers have access to. So yes, they have special knowledge.
2006-10-04 09:22:38 · answer #3 · answered by annemg2000 2 · 0⤊ 0⤋
hi, Kinda new at this yet I offered autos for some years. in case you convey it in such as you in simple terms spent hours cleansing & sharpening then they're going to think of which you probably did understanding you have been procuring right this moment and could be on you like no the following day.additionally verify nada on your motor vehicle commerce cost and minus slightly and that's what you will get genuine money on commerce, what they teach you is what you will desire to work out with their earnings and tradee cost in there . desire this helps and doesnt sound complicated, additionally undergo in recommendations they , which potential your saleperson has a large number of tension to make a sale and that they've families to help in simple terms like each and every physique else.... one extra element sellers use black e book and it adjustments very often , which potential your autos commerce cost is going down very speedy!!!
2016-10-15 12:43:26 · answer #4 · answered by bridgman 4 · 0⤊ 1⤋
most dealers will use the kelly book and deduct for reconditioning, some cars are soft on the market any used car mgr worth his salt will know whats hot and whats not, but you generally get lowballed
2006-10-04 09:25:00 · answer #5 · answered by bayareart1 6 · 0⤊ 0⤋
My boyfriend's Dad works in car sales, and they use www.nada.com a lot to get values. www.edmunds.com is another good place to go.
2006-10-04 09:27:05 · answer #6 · answered by chnysa 2 · 0⤊ 0⤋