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Too big to fail
 
widebody911's Avatar
 
Join Date: Jan 2002
Location: Carmichael, CA
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Kelly Blue Book - WTF?

So, is the whole purpose of KBB to help dealers lowball people on cars? I'm looking at an '01 BMW S54 M Coupe, in excellent condition, 62k miles, and KBB sez it's worth $12k.

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"You go to the track with the Porsche you have, not the Porsche you wish you had."
'03 E46 M3
'57 356A
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Old 05-30-2010, 03:27 PM
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Noah930's Avatar
 
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I don't see the problem. Offer the dealer $14K and tell him he should be happy he's making a good profit.
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1987 Venetian Blue (looks like grey) 930 Coupe
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Old 05-30-2010, 03:37 PM
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Too big to fail
 
widebody911's Avatar
 
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It's private party, and KBB is roughly 50% of what the guy is asking, which is also an issue for the financing.
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"You go to the track with the Porsche you have, not the Porsche you wish you had."
'03 E46 M3
'57 356A
Various VWs
Old 05-30-2010, 04:50 PM
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Noah930's Avatar
 
Join Date: May 2005
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OK. Understand now. Yes, KBB way undervalues certain cars like the one you're looking at. I have no idea how they get those values, as the amount you're hinting at is much closer to what I've found those cars going for.

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1987 Venetian Blue (looks like grey) 930 Coupe
1990 Black 964 C2 Targa
Old 05-30-2010, 07:47 PM
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