Kelly Blue Book or Edmunds, who to believe?
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Thread created 01-28-2013 by travfar
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whatever the dealer has decided they are using that week, which sadly in my case has never been kbb
Kelly Blue Book or Edmunds, who to believe?
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Thread created 01-28-2013 by travfar
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So I was just checking the value of a used car. On KBB, it's $10,000. On Edmunds, it's $4000. So who to believe?
Kelly Blue Book or Edmunds, who to believe?
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Thread created 01-28-2013 by travfar
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Different dealers use different books. A long time ago I negotiated a car's trade in value and the dealer used the KBB as their basis for negotiation. The next time I went to buy a car, I studied...
Kelly Blue Book or Edmunds, who to believe?
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Thread created 01-28-2013 by travfar
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might want to put the details of the car in your post
Kelly Blue Book or Edmunds, who to believe?
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Thread created 01-28-2013 by travfar
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Hmm, is your KBB the retail price? Is Edmunds the trade price? My favorite way to check car values is to just go to Autotrader and search for your car, subtract for high mileage, body damage, etc.
Kelly Blue Book or Edmunds, who to believe?
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Thread created 01-28-2013 by travfar
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Sounds more like Edmunds is black book (auction) price. Try nadaguides as well..
Kelly Blue Book or Edmunds, who to believe?
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Thread created 01-28-2013 by travfar
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I would definitely say that the Edmunds price is much closer to the actual price then KBB.
Kelly Blue Book or Edmunds, who to believe?
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Thread created 01-28-2013 by travfar
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In my case, comp is $137 and collision is $157. I have no deductible on my comprehensive and a $500 deductible on my collision. If I raise my collision deductible to $1000 it'll be $45 lower. I...
Kelly Blue Book or Edmunds, who to believe?
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Thread created 01-28-2013 by travfar
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KBB is selling as a private party or something like that price. KBB trade in price was about $1K lower. Edmunds is the appraised price.
Neither. I'm trying to figure out if it's worth it to...
Kelly Blue Book or Edmunds, who to believe?
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Thread created 01-28-2013 by travfar
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Mannheim
Kelly Blue Book or Edmunds, who to believe?
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Thread created 01-28-2013 by travfar
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OP, keep in mind that KBB, NADA, and Edmunds are only guides. It's no guarantee that you'll get that price. The car's true value is only really what someone else will pay for it. So you can try to...
Kelly Blue Book or Edmunds, who to believe?
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Thread created 01-28-2013 by travfar
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Since this is for insurance coverage purposes, try to find out what your insurance company uses to price vehicles. I eventually got rid of collision on my car, but I kept the comprehensive so that I...
Kelly Blue Book or Edmunds, who to believe?
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Thread created 01-28-2013 by travfar
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This. Or Adesa. By region too. Anything else isn't really much more than pure speculation.
Kelly Blue Book or Edmunds, who to believe?
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Thread created 01-28-2013 by travfar
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Looks to be the case. Nada is more in line with KBB.
Kelly Blue Book or Edmunds, who to believe?
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Thread created 01-28-2013 by travfar
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Do you currently have Comprehensive and Collision coverage on the car? Most insurance companies will allow you to drop Collision and just keep Comprehensive. The premium for Collision is often up...
Kelly Blue Book or Edmunds, who to believe?
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Thread created 01-28-2013 by travfar
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Agreed, KBB and Edmunds can give you sense usually but craigslist, carsoup.com, or autotrader are the best places to find out the true value, although it takes more time and is up to interpretation....
Kelly Blue Book or Edmunds, who to believe?
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Thread created 01-28-2013 by travfar
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Just beware that if the car is financed, the lender likely requires collision. Probably not an issue if the value is getting low enough to consider dropping collision, but if you took a longer-term...