Blue book

[BeyGon]

Well I bought a different car last Sunday so I have put my Z3 Coupe up for sale, there is a sign in the back window, miles, 92k, 2001, phone number, so on. I happened to look out and there was a faded Mustang in the driveway behind the car, some guy dialing his phone. So I walked out to talk to him, he asked how many miles, I just told him 92k, he asked what blue book was on it, I said I have no idea, he looked at me pretty strange, I said it wasn't something I paid attention to, he said thanks and left. So, I don't think a blue book shopper was the right buyer for my Z3.
At least he didn't waste a lot of time and want to drive it.
Should I have looked up blue book, does anyone ask you that?

[nota]

I go by loan value as that tends to be the real money value

I think the guy was fishing for your price

btw I walk on make an offer unpriced cars
or offer real low bid

[HardDrive]

Is this a clown shoe Z3?

[widgeon13]

That's a pretty unique car so I would guess that would bring some premium. Can I fit my snowblower in the back?

[Hugh R]

I start with KBB as I think most semi-savvy buyers would start there.

[BeyGon]

Originally Posted by Hugh R

I start with KBB as I think most semi-savvy buyers would start there.

OK, I just looked it up, mine with 92k miles they have for 8.6, I will let it rot before that happens. When you sell an air cooled Porsche do you pay attention to the KBB? an older Aston Martin? A 71 Buick Skylark/455, I have never paid attention or even looked,

[sketchers356]

KBB has the most ridiculous prices.

[speeder]

Quote de Hugh R

I start with KBB as I think most semi-savvy buyers would start there.

OK, I just looked it up, mine with 92k miles they have for 8.6, I will let it rot before that happens. When you sell an air cooled Porsche do you pay attention to the KBB? an older Aston Martin? A 71 Buick Skylark/455, I have never paid attention or even looked,

There are printed guides for each of those cars. How do you think the guy was supposed to know what a 2001 z3, (or whatever car), is worth today? Just pull some number out of his ass?

The strange thing is, if he had a phone he could just look it up himself in about 2 minutes.

[Jays72T]

I believe it completely depends on the car and its current "real" market value. No, your car is not a run of mill BMW, it's a bit of an odd ball. You probably keep good records as well. KBB will not reflect true market value on cars of that type. People who don't know about a given model might use KBB as a guide but will soon learn true market value once they start searching around.

[M.D. Holloway]

The KBB comes in handy for loans or so i've been told. I think if you have some market intel on your side then NADA, KBB or Hemmings is only an indicator but institutions prolly consider them gospel...

[Hugh R]

Newer cars yes, older cars certainly not. My 08 Camry Hybrid in good condition says its worth about $13K on a private party sale. Seems about right.

[LeeH]

What are you asking as a starting point? I agree with the others. Your car is too rare to have meaningful book values.

[BeyGon]

Originally Posted by LeeH

What are you asking as a starting point? I agree with the others. Your car is too rare to have meaningful book values.

asking $13k, KBB says $8.600. 92k miles five speed 3.0. I haven't seen one for anything like that. The roadsters sell in that range. Mine with the color combo is 1 of 50.

[Steve Carlton]

I don't see how you're getting $8,600. If I go to kbb.com and plug in trade-in value, I get a range of $9,053-11,084, depending on condition. Private party ranges from $10,929-12,329. Using the "real" blue book, I get $7,325 + $3,844 for low miles = $11,169 for low book, and $10,185 + $3,844 for low miles = $14,029 for high book. I don't know the details of your car's options, condition, and Carfax, but market is going to take precedence for a car like that.