FAQ: What is my Monte/Car Worth?
#11
03-19-2016, 09:52 PM
Chevyzilla nailed my thoughts on my car vs a newer car .... I see my value that others may not, and I can improve as I am not in debt on it, yet lol
#12
03-19-2016, 09:57 PM
Hi `Shawn, I think you are making a wise decision. You know your Monte & what you have in it + it's a beautiful Monte Carlo S.S. 4-Sure! A Monte is only worth what a buyer is willing to pay. You are always better off if you can sell it yourself to someone that appreciatea a great looking Monte.Most dealers don't...They are in business to make $'s.
Admin `Jason, Super Thread and super advice...Thanks for taking your time to share your knowledge on this subject.
#13
06-23-2016, 09:21 PM
I agree that these entities like KBB and NADA are catered to the dealers who are in the buisness to make money so most of the time there values are always under what you can get out on the private market and they simply cannot give a value for the limited part such as the pace cars or the nascar driver editions. There is just no way for them to put a value on that. I have always said that the value of anything is determined by the person buying it. If it what you really want and what really makes you happy then its worth what you pay for it. Whats worth 5000 to one person may not be worth 2000 to the next. There will always be the extinuating circumstance but the value and worth is determined by the buyer.
#14
07-01-2016, 11:31 AM
Re: Kelly Blue Book
I have done a whole lot of research due to I am going to be purchasing a new vehicle. (Bye, bye Monte. Boo Hoo But due to moving I really, really need to own a 4WD)
Anyway, when I started asking around it turns out many dealers are not at all interested in an "04 Monte LS with extremely low mileage, original owner. I am told to look at the KBB price and unless the car is in absolute pristine condition to expect to get LESS. One salesman - who I semi-trust - told me they will not sell the car, they will just send it to the car auction.
Anyway, I learned of a site called fightingchance.com that instructs you in how to get new car dealers to compete with each other via telephone and email. It is a unique approach to purchasing a new vehicle. I used it yesterday and it works - I plan to purchase tomorrow.
There is a packet you buy that includes a ton of information about car dealers, pricing, sticker price vs. "dealer invoice" pricing etc. And about the relationship between KBB and Edmunds with car dealers.
How do KBB and Edmunds make money? Who most benefits from their low pricing levels? How did they become the "Gods" of pricing? Where do they get their information? Has anyone here who transacted a private sale ever reported any sale information to either of them? So what, are they culling statistics from the various states who collect sales tax on vehicle sales? Do those statistics differentiate between a wholesale price, a dealer price and a private sale? Just wondering.
I have done a whole lot of research due to I am going to be purchasing a new vehicle. (Bye, bye Monte. Boo Hoo But due to moving I really, really need to own a 4WD)
Anyway, when I started asking around it turns out many dealers are not at all interested in an "04 Monte LS with extremely low mileage, original owner. I am told to look at the KBB price and unless the car is in absolute pristine condition to expect to get LESS. One salesman - who I semi-trust - told me they will not sell the car, they will just send it to the car auction.
Anyway, I learned of a site called fightingchance.com that instructs you in how to get new car dealers to compete with each other via telephone and email. It is a unique approach to purchasing a new vehicle. I used it yesterday and it works - I plan to purchase tomorrow.
There is a packet you buy that includes a ton of information about car dealers, pricing, sticker price vs. "dealer invoice" pricing etc. And about the relationship between KBB and Edmunds with car dealers.
How do KBB and Edmunds make money? Who most benefits from their low pricing levels? How did they become the "Gods" of pricing? Where do they get their information? Has anyone here who transacted a private sale ever reported any sale information to either of them? So what, are they culling statistics from the various states who collect sales tax on vehicle sales? Do those statistics differentiate between a wholesale price, a dealer price and a private sale? Just wondering.
#15
03-25-2017, 03:34 AM
03 Jeff gordon ss
Hi I'm new good to meet ya all. I am going to see a 03 Jeff Gordon. As seems to have all proper graphics extremely nice condition 133k miles asking 4300 . I can use advice very fast.it has the flame package I understand there were 2424 only made and heard should have a Coa and dash actually signed by Gordon? Comments and advice fast please thanks jack
#16
03-25-2017, 09:33 AM
Join Date: Aug 2008
Location: London, Ontario
Posts: 5,611
Hi I'm new good to meet ya all. I am going to see a 03 Jeff Gordon. As seems to have all proper graphics extremely nice condition 133k miles asking 4300 . I can use advice very fast.it has the flame package I understand there were 2424 only made and heard should have a Coa and dash actually signed by Gordon? Comments and advice fast please thanks jack
#17
08-26-2018, 08:51 AM
When KBB doesn’t list your car
Any suggestions for if KBB doesn’t list your car (Edition)?
KBB has prices for the 6th generation NASCAR Special Editions, but not for the Limited Edition package (paint and wheels differ, somewhere around 550 made). Best to go off KBB for the SE model to get a general idea?
Of note, KBB difference in price between “Fair” and “excellent” condition is $625. So why would one spend the time and money to get the car up to Excellent, even if they are minor/easy fixes.
KBB also doesn’t allow for major component (tranny) replacement at XX mileage, which should be worth at least something, I’d think.
Realizing a car is only worth what someone will pay for it, where would be the proper place in the forums to post and see what that price may be?
KBB has prices for the 6th generation NASCAR Special Editions, but not for the Limited Edition package (paint and wheels differ, somewhere around 550 made). Best to go off KBB for the SE model to get a general idea?
Of note, KBB difference in price between “Fair” and “excellent” condition is $625. So why would one spend the time and money to get the car up to Excellent, even if they are minor/easy fixes.
KBB also doesn’t allow for major component (tranny) replacement at XX mileage, which should be worth at least something, I’d think.
Realizing a car is only worth what someone will pay for it, where would be the proper place in the forums to post and see what that price may be?
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