Increase in car value KBB
05-09-2016, 09:06 AM
#2
Team Owner
Member Since: Mar 2004
Location: Oklahoma City OK
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C6 of Year Finalist (appearance mods) 2019
Sports cars sell for more in the spring than any other time.
05-09-2016, 09:19 AM
#3
Burning Brakes
Good news
I just checked KBB and my 05 manual 1sb with Z51 option shows private party value is a little over 3K more than I paid in Feb 2014. I bought it from a private party.
Last edited by Batman75; 05-09-2016 at 09:22 AM.
05-09-2016, 10:00 AM
#4
Its worth what it will bring in CASH, TODAY,,,
IMO, I believe NADA is a more accurate value indicator:
.
http://www.nadaguides.com/
.
The dealers use KBB to price vehicles higher that they are selling, but use NADA values to judge a vehicles worth.
.
http://www.nadaguides.com/
.
The dealers use KBB to price vehicles higher that they are selling, but use NADA values to judge a vehicles worth.
05-09-2016, 10:45 AM
#5
Burning Brakes
IMO, I believe NADA is a more accurate value indicator:
.
http://www.nadaguides.com/
.
The dealers use KBB to price vehicles higher that they are selling, but use NADA values to judge a vehicles worth.
.
http://www.nadaguides.com/
.
The dealers use KBB to price vehicles higher that they are selling, but use NADA values to judge a vehicles worth.
Since I'm not selling I really don't care. I used KBB when I bought it and was just curious what it shows today. I bought it at the time for about 4K less than KBB.
I paid 22K in Feb 2014 and had 59K miles on it. I now have 66,800 miles and KBB says the value is $25006.00. The value several months ago was less than 20K.
Last edited by Batman75; 05-09-2016 at 07:14 PM.
05-09-2016, 05:51 PM
#8
I know conv. are worth more in the spring and maybe most people can not aford a new one but 20% increase from April to May. THats alot of increase. I am interested because I ordered the Grand Sport, and willput my 06 conv with z51 and only 18000 milea for sale now.
05-09-2016, 06:09 PM
#9
Melting Slicks
Personally, regardless of what website I look at, my Grand Sport is valued way higher than I ever expected. While those values may be a bit higher than reality, the fact is after three years the car is still doing better than I could have ever hoped for.
05-09-2016, 06:23 PM
#10
Vets are a strange duck, and NAPA or KBB is just a guess range short of selling the car to a dealer.
It really comes down to what you can get the car for instead.
Way to figure it, unless the vet is new'ish and the owner traded in his vet for a new model to the dealer, then most of the time the vet was traded in due to other reason instead (nightmare problems they did not want to fix isntead).
So before even looking at the NAPA or KBB, start with the service history on the vet instead. If it's clean, not a basket case or a lemon trade back, then you start to check what other vets where selling for in your area next.
It really comes down to what you can get the car for instead.
Way to figure it, unless the vet is new'ish and the owner traded in his vet for a new model to the dealer, then most of the time the vet was traded in due to other reason instead (nightmare problems they did not want to fix isntead).
So before even looking at the NAPA or KBB, start with the service history on the vet instead. If it's clean, not a basket case or a lemon trade back, then you start to check what other vets where selling for in your area next.
05-09-2016, 08:26 PM
#11
Team Owner
Okay, had to check on my '05 vert. Retail is $1,800 more than I paid two years ago and clean trade is only $1,250 less than I paid. 