Posted by dhermesc on May 21, 2012 at 08:22:31 from (24.248.193.103):
In Reply to: Re: Vehicle opinions posted by NCWayne on May 21, 2012 at 07:53:15:
Always remember - Kelly Blue Book and NADA are written by dealers for dealers. To find out what they really think the value is look up the trade value. In my area assuming its a 4X4 KBB says its trade value is $2259 to $3334. Now you know why its priced at $3500.
The biggest problem with both "books" is they don't add enough for low mileage and don't deduct enough for high mileage. When I changed the mileage from 350K to a paltry 150K the trade value only went up to $2609 to $3684 so they think 200,000 miles of wear only deducts $300 from the value of this vehicle.
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