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used car prices

NADA prices are right on for wholesale and dealer-sale values for a given area. The market (i.e. east coast, west coast, south, etc) does have some effect on the prices. There are multiple prices for a given car, and they do become less-accurate as the vehicle ages. That's why NADA cuts off at a certain year and you have to go to the "old cars price guide".
NADA is compiled from actual dealer sales of used cars so it really should reflect what the car is worth. Keep in mind it coems out every month, so you should always see the newest edition, the prices fall for a given car month-to-month.
If it's a private sale, it will probably be somewhere between "trade in" and "retail". A car on a dealer's lot is ALWAYS more than a properly-priced private sale, because the dealer (at least in theory) is providing a car that's been inspected and warranteed. Each state's got different used-car laws though, so you may find some variation. As always, there are major factors that significantly effect used car values: has it ever had an accident, been repainted, was it serviced by the book (or at all?), and use and abuse factors.
--
Rob Bareiss, New London CT ::: "Roterande Fläkt Och Drivremmar!"






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New used car prices
posted by  someone claiming to be SAM  on Wed Mar 26 09:04 CST 2003 >


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