The internet has been considered as the greatest resource for the used car buyer . Potential buyers can find on the market , private party , and retail prices in a jiffy. The question to ask , however , is an Internet source is right? The three main sites: Nada, Edmunds used car and Kelly Blue Book are scrambling to be the trusted authority in used car values ??. However, the price differences are often in the $ 1,000 from one place to another . What website , if any , is the most accurate source for the used car buyer ?
To illustrate the differences , here's an everyday example : NADA may cost a 2003 Saab 9-5 Linear at $ 15,996 , Kelly Blue Book price is $ 17,456 , and Edmunds used car price of $ 14.800 . These are all values ??of retail , assuming excellent or own condition. $ 17,456 $ 14,800 less the $ 2,656 difference . This is a big price difference in the highly competitive market of used cars . This is not an argument to protect used car dealers . Rather, it is a warning for the used car buyer when he or she surfs the web for used car prices .
The values ??of retail located in many vehicles of these websites may have even larger price differences - some as high as $ 4,000 to $ 8,000 . These gigantic price fluctuations can leave a used car buyer spending $ 1000 extra according to the guide, he or she uses . In addition , private party and trade in the sale price does not specify the state of the vehicle.
Vehicle status is a critical variable . An owner may think his work is in perfect condition and thus worth X Edmunds used car, based on his research on the Internet. An expert may know it needs $ 1,000 in repairs and restorations .
The answer to " whose prices are right " is that none of the three major Web sites reflects the price of the car accurately. In most cases , the prices are too high in retail on the questionable , and confusion on the private side .
So what or who is the real authority ? The answer is the Market! The market (ie , grinding every day people in the used car market - sellers and buyers) reflect true market value . Websites are only guides . Therefore, the prices of cars from these sources must be measured against the reality of the market Edmunds used car.
Here's a scenario to illustrate the importance the market plays on used car values ??. In the north, the banks rely on NADA , used car dealers prefer to use Kelly Blue Book , and used car buyers are turning more and more to Edmunds used car. Now, of course , the dealer wants to use the inflated Kelly Blue Book value . The buyer wants an unrealistic Edmunds used car price, and the bank wants to use a NADA price undervalued. In other words , the first three people in the car buying process - the buyer , the seller and the lender , are all on different pages. Every player wants the most advantageous price based on the part he or she plays . The market is the only element that unifies the odds. The point here is to show that the market is the true source of determining the value of real vehicles and barely Edmunds used car .
In order to get a fair price , depending on the market , the buyer of a used car should point to the half. Avoid the highest prices and be realistic and flexible about the lowest. Stay in the center a place to get a fair deal.
If you want much , closely follow the market Edmunds used car. If you buy from one seller, eBay and auction prices do not count, because they are the places of greatest . Check out Cars.com , AutoTrader.com , and other sources of used cars. See what the vehicle you want ( including miles , equipment and accessories ) is announced . Again, the release for the middle!
Use the popular Internet resources , but not blindly follow these guidelines Edmunds used car. Actually you can pay much more than the market value Edmunds used car.
Having said all that , does not mean that used car dealers stop trying to low ball trade offers . And of course every dealer wants to sell their vehicles for a maximum . But remember , this is the same for car owners , but in reverse . They want the highest for a trade and the selling price of a vehicle.
When using Internet sources to determine the value of Edmunds used car , be sure to enter the correct information. This may seem elementary, but option packages , models , miles , color , equipment, engine, transmission, gear ratios ... etc, can be confusing. However, there are important variables that affect the price dramatically. In summary, short misinformation false figures Edmunds used car.
Finally , what really needs to be highlighted with NADA , Edmunds used car and Kelly as well as other internet sources is that they are guides . They are great resources for information on the vehicle , but the resources of low prices . This is not to speak ill of one of these sites - they are excellent starting points Edmunds used car. Remember , however , that these guides may or may not be in favor of the car buyer . Fair price for used cars are dictated by the market. Yes , do some research on the net , but do not cling to it Edmunds used car. Using the Internet only to discover a plot used car market .