Some of the information procured at all of these sights come from resources such as ads, NADA guides, and actual dealership inventory lists. For the most part, KBB is the most consumer friendly. What you need to know, though, is that most dealerships don't follow any of these guides as a way of doing business. Most dealerships take every car in based on a wholesale price, or whatever they picked that car up for at auction. Then, from there it goes into the service department, and gets retail ready. At that point, it is up to each individual dealer to set whatever price they want to get for the car. That is why prices range on all of these sights, each dealer sets varying prices. Some dealerships are metal movers, and simply want to move units, while others want to make a large gross (profit) on every car that roles over the curb. These are all good consumer guides, but they are simply that, guides, and not to be lived by.
2007-02-18 11:20:21
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answer #1
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answered by t.carp 2
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I personally feel that Kelly Blue Book has become a tool, or shill, of the car dealers. Too often, the Blue Book prices are way too high, and it is common practice for dealers to advertise they sell several hundred dollars under Blue Book. Seems to me Blue Book is supposed to be the going rate for a car, or the true value, but since almost all dealers sell lower than that, it can't really be, can it??? I also think their Trade In values are too low. When's the last time a dealer gave you below Blue Book on trade in. Again, just another tool for the dealer. I was just shopping last weekend and a dealer offered me a 2006 Lincoln LS. Blue Book said $28K. Dealer offered me $23k. Blue Book was $5k too high. You better believe this particular dealer would have gotten $28k for it if that's what it was truly worth. The guy was a shark. Now the private party sales numbers seem to be OK. No dealer influence there, so no reason to fudge the numbers. If I'm buying from a dealer, I assume Blue Book is too high, or use Edmunds or NADA.
2016-03-18 02:37:29
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answer #2
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answered by Anonymous
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