Crazy KBB value...

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Aug 22, 2013 | 09:09 AM

#16

TrogdorWBL

Evolving Member

Joined: Feb 2012

Posts: 444

Likes: 0

From: Minnesota

Quote:

Originally Posted by carlthereyes

Yeah KBB's numbers are incredibly inaccurate. Dealerships never use those numbers!

Not 100% accurate. It's more so that the banks don't use those numbers. Banks use NADA when they finance cars.

We'll sell a car for whatever we think a customer will pay for it. Sometimes KBB and NADA are thousands of dollars apart. So, if we know we can get a higher dollar for it, then we may also pay more for it than NADA would say to do.

Aug 23, 2013 | 02:38 PM

#17

ProSkeLL

Newbie

Joined: Aug 2013

Posts: 3

Likes: 0

From: Vancouver, B.C

KBB is not very useful, its just a reference. Better to look at local Craigslist ads / local dealers and compare.

Aug 24, 2013 | 05:46 AM

#18

RMT-X

Newbie

Joined: Oct 2012

Posts: 33

Likes: 1

From: charlotte n.c

Quote:

Originally Posted by ProSkeLL

KBB is not very useful, its just a reference. Better to look at local Craigslist ads / local dealers and compare.

thats what i did,checked auto trader.com,and followed up with dealers all over.

Aug 25, 2013 | 07:52 PM

#19

Fylinghigh

Newbie

Joined: Jul 2013

Posts: 23

Likes: 0

From: Oregon

Quote:

Originally Posted by ogrenator

That sounds about right...what issue do you have with that?

The type r is a true automotive icon. It's super rare and the kbb never applies to those kinds of cars. A clean title type r around here will sell for 14-15k all day long.

Aug 27, 2013 | 01:58 PM

#20

mkhalid

Newbie

Joined: Aug 2013

Posts: 24

Likes: 0

From: Seattle

Quote:

Originally Posted by blackbalts

^Mods you have done to a car do not add value. Bottom line is it's a 13 year old car with decent miles on it. I just saw a 2000 Type R locally that was full blown and 60k miles for 10k.

My evo blue books at 23k for an 05 with 26k on the clock. I'd say thats a fair number, no?

My car isn't modded...Its all original vins and matching engine Tranny...and clean title..the rarest thing on those cars lol

But yea Evos hold good value as well, BUT for some reason I see higher retaining values in STI online..

Aug 30, 2013 | 09:32 AM

#21

tellme718

Evolving Member

iTrader: (2)

Joined: Oct 2012

Posts: 174

Likes: 0

From: new york city

I remember being obsessed with the Type R. Now I know its definitely not worth 15k. It may be an iconic and extremely rare car( which is what you're paying for really ) but for 15k its not worth it. Sheit a brand new Evo X GSR is knocking on 40k and thats not even worth it.