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Dog-faced pony soldier
Join Date: Feb 2004
Location: A Rock Surrounded by a Whole lot of Water
Posts: 34,187
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KBB is definitely slanted to favor dealers. I have found their trade in values to vary by as much as 15% from the private party sale values.
The whole valuation/depreciation thing is a game anyway, mostly to keep people beholden to bank loans in perpetuity. I don't get too hung up on KBB or other published values and tend to watch comps on eBay, CL, etc. instead. If I like the car and think its a fair price I'll buy it. I also refuse to buy on the steep part of telnet depreciation curve. For the cost of a "new" run-of-the-mill appliance car POS I can buy two good condition used cars and put extra $$$ in the bank when done. It's not that important to me. I like not making payments.
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A car, a 911, a motorbike and a few surfboards
Black Cars Matter
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