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Discussion Starter #1
Hi,

Aside from Kelly Blue Book, is there another
source to get accurate resale pricing for
used Honda vehicles. I've got a 2000 Ody
and a 95 Civic Sedan that I want to get
pricing for?

Thanks,
 

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Edmunds.com and NADA.com also have blue books available

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2002 EXL-RES Redrock Pearl

2001 Chevy 2500HD crewcab 4x4
 

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The most accurate resale values you can come up with are from the little black books that dealers and finance people use. They change regularly, of course.

Your best bet is to find your friendly car salesman (if you can) and just ask him to look it up for you. Shouldn't be a big deal. (In fact, my salesman uses that little book to sell Odysseys. He takes the "but the price is so high!" people through the entire value equation, which means a side trip into that little book, and shows them just how much that Chrysler will have cost them after 3 years. He shows the real world resale values side by side, Chrysler and Odyssey.)
 

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You'll find that NADA appraises vehicle values lower than KBB, Edmunds, et al. It seems that the insurance industry is in cahoots with NADA because that's the guide they use to appraise a vehicle's value (to their advantage) whenever it's totaled.

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The very best source of information on used car prices is a magazine called the "Automotive Market report". It is a compilation of actual prices paid at auctions all over the US. It shows mileages and conditions. I used this for years managing the company car fleet. Dealers usually deny it exists, but they have a copy in their desk. I see you can subscribe online for about $26.95 per year.Go to www.automotivemarketreport.com.

If you take a minute to think about it, why would any dealer pay more for your car than he sell it for quickly (he doesn't want it to sit on his lot, believe me). Or, if you believe that he simply wants your "clean" vehicle so badly, why wouldn't he just go to the auction and buy one like it for whatever they are going for.

[This message has been edited by bigjim (edited 01-07-2002).]
 

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<font face="Verdana, Arial" size="2">Originally posted by bigjim:
The very best source of information on used car prices is a magazine called the "Automotive Market report". It is a compilation of actual prices paid at auctions all over the US. It shows mileages and conditions. I used this for years managing the company car fleet. Dealers usually deny it exists, but they have a copy in their desk. I see you can subscribe online for $130 per year.Go to www.automotivemarketreport.com.
This is probably more than an individual wants to pay, but maybe if you coax a salesman friend you might get the info.

If you take a minute to think about it, why would any dealer pay more for your car than he sell it for quickly (he doesn't want it to sit on his lot, believe me). Or, if you believe that he simply wants your "clean" vehicle so badly, why wouldn't he just go to the auction and buy one like it for whatever they are going for.

[This message has been edited by bigjim (edited 01-07-2002).]
</font>
 

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If everyone used NADA consistently everything would be fine. Unfortunately, dealers use whatever is most favorable for them (NADA for trade-in value and KBB for used car value). I generally have found KBB values to be inflated and unrealistic.

<font face="Verdana, Arial" size="2">Originally posted by Neo Fender:
You'll find that NADA appraises vehicle values lower than KBB, Edmunds, et al. It seems that the insurance industry is in cahoots with NADA because that's the guide they use to appraise a vehicle's value (to their advantage) whenever it's totaled.

</font>
 

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I'll say the most accurate amd REALISTIC used car price is the classified section of your local paper.
 
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