hawkgfr

Undefeated at being full of ****....Its a Corvette not a Vega.

pdac

As someone who has traded many cars in at dealerships, I personally don't feel like KBB is a great source. I'm sure there are people who will claim that they get the KBB value on their cars when they trade them in, but I've never even gotten close. It's not that I'm getting ripped off either. I often see dealerships (and Carmax) selling cars for less than what KBB has listed as the trade in value. For example, KBB shows a trade in value of my car (2012 GS 1lt) in "Good Condition" for around $32k but a quick search for a used one shows that 32k is more than what these cars are even selling for. No dealership is going to buy your car for more than the true market value.
I think the accuracy of KBB has greatly diminished over the years.
Just my opinion.

TorchRedFred

You have to be willing to fight for your trade in just like you do on the purchasing price of the new car. Dealers try to low ball your trade in so they can send it to auction for a quick profit. Through my experience, if you trade in your car and the dealer doesn't put it for sale with their used cars on their lot, then you didn't get fair value for your trade in. I always use KBB for trade in value and have always seemed to get it but it never came easy. And this was even after getting as much as 20% off of the sticker price on a couple of different new cars. I'm not going to speak for it's accuracy on every model but I always found KBB to be a helpful tool.

jimijam

Did you use your zip code, or the zip code where the car and the OP are?

919cw313

How much of a difference do you think there would be? Regional prices are way overblown, the internet has made the marketplace huge and relatively even.
(Waiting for anecdotal evidence to the contrary)

jimijam

A Vette is SoCal brings a higher price in January than the same exact Vette in ND. In SoCal, the car can be driven off the lot with the top off. In ND, the car will have to be trailered home and parked in the garage for 4 more months before it can be driven. Waiting for you to tell me this is overblown. Using your logic, housing prices by region are also way overblown because of Zillow.

ShagVette

I changed zips to 3 locations, and it only varied a couple hundred.

KBB is not too far off what the real market is. This 06 with such low miles is well worth it.

If the OP doesn't buy it for $23k or whatever they could agree on, then they should post the info so someone else can.

919cw313

Make sure you use Bismarck and Los Angeles...

Jstan2014

Best of luck!!

Prewoz

TorchRedFred

HOXXOH

As a ballpark number, 15K miles seems to be about the end of infancy failures. I've only bought new cars for the last 25 years, and most problems happen early. If I were buying used, I'd feel better with something driven 5K per year, than something rarely used.

jimijam

The first problem you are having is your assumption that KBB is an accurate representation of true market value. It's not, and others above have clearly stated this. I personally use several tools to arrive at a much more accurate market value. Blackbook, KBB, NADA, Edmunds, Car Gurus, AutoTrader, Ebay.......free your mind, the rest will follow.

TorchRedFred

Jim, no offense but I have no problem other than you are an idiot. Where did I imply or state that KBB was an accurate representation of true market value? And if it is or isn't, is a matter of opinion. And when you say "others have clearly stated this", who are these others and what are their credentials? It's all opinions. Please don't try to pass off your opinion as factual information. In fact in my post in regards to KBB, I wrote "I'm not going to speak for it's accuracy on every model but I always found KBB to be a helpful tool". When I say "tool", I mean one of many. And when I said "accuracy", it was in reference to car values. I am not a KBB fanboy and I never stated or implied that KBB was the end all be all. And when you say "free your mind", you may need to reign yours in a little, since you seem to be jumping to conclusions that are not accurate nor implied.

TorchRedFred

Well, if we used this logic, how much is a 50 or 60 year old Corvette worth? Or how about a 50 year old Chevy Nova, or Chevelle, or even a pick up? Probably all worthless by now.

BackInBlack05

My napkin math came out with $20K. <4K Vettes aren't real common, so I might add 10% and not a penny more.

I think the LS2 is a fine engine, but the LS3 and some of the concurrent interior refinements are desired by the market.

When comparing similar cars, $1K per year and 10 cents per mile depreciation works out quite well.

pdac

I mean you can fight with the dealer all you want for the KBB price on your trade but the bottom line is that there is no way a dealership is going to pay you more for your car than they can sell it for. So if KBB shows my trade in at $32k (good condition) and dealerships is selling similar cars for $32k or less, basic math tells me that I am not going to get KBB 'Market Value" for my car.

FAUEE

KBB is only useful if the dealer sells at KBB as well. You cant expect to buy a car under kbb and trade in at kbb or below.

There are a lot of dealers that do KBB. Your particular example isnt one, but if you looked at other dealers it wouldnt ne the same.

TorchRedFred

To each their own. The dealership makes money somewhere. The accounting that goes into a dealership making money on a transaction or not, is a lot more complicated than they bought a car for (x) and then need to sell it for (x)+y. Way too many variables go into it for a dealership for you to make it that simple. I always use KBB for trade in and always get it on my trade in. Dealerships will argue and try and show me why my car is worth less than I am asking. I find that dealerships will waste a lot of my time but in the end they always come around and my time was money in my pocket.

anflyer

I didn't realize my question on pricing would create such controversy. I confirmed that the 2006 is a fully optioned 3LT (heads up display, nav, etc.). Agreed on $23k. Will let you know more details when I see it on Sunday.

Anflyer