tedya Posted December 23, 2008 Share Posted December 23, 2008 Hi everyone, I have a question. The online version of NADA gives my vehicle a trade-in value of roughly $20,750. The KBB online version gives a trade-in value of $20,420. When I went to buy a new car yesterday, the best they would give me is $16,750. Are the online versions wrong or is my car just not worth anything now days because of the economy? Link to comment Share on other sites More sharing options...
rao Posted December 23, 2008 Share Posted December 23, 2008 Unless KBB or NADA offers to buy your car, you know the answer You have been able to buy Legacy's for invoice or below since right after the 05s came out. The Legacy has a quick drop in value and then seems to level off. Rob IF YOU CARE ABOUT YOUR CAR YOU SHOULD NEVER DRIVE IT Link to comment Share on other sites More sharing options...
profmathers Posted December 23, 2008 Share Posted December 23, 2008 used car market = in the tank, period. dealers are looking to get rid of inventory, not buy fresh. don't know about your state, but at the end of the year in OH, dealers pay tax on inventory too. i know everybody always says "sell it yourself," but it can be a pain in the arse...up to you, but for five grand plus, i'd give it a shot. or wait. Link to comment Share on other sites More sharing options...
walshie999 Posted December 23, 2008 Share Posted December 23, 2008 Dealers only use bluebook and NADA when selling. They use auction results when buying. Why pay you 20K when they can get it at auction for 16K. Sucks. A good bet is approk 2-3K below Blue. Shows what a good deal subaru was offering earlier when they guaranteed your trade price.A good resource is black book, which is a dealer tool. You can try googling it or some dealer sites use it to value your trade in Link to comment Share on other sites More sharing options...
longislander1 Posted December 24, 2008 Share Posted December 24, 2008 Dealers only use bluebook and NADA when selling. They use auction results when buying. Why pay you 20K when they can get it at auction for 16K. Sucks. A good bet is approk 2-3K below Blue. Shows what a good deal subaru was offering earlier when they guaranteed your trade price.A good resource is black book, which is a dealer tool. You can try googling it or some dealer sites use it to value your trade in +1 My Subaru dealer uses Manheim auction prices. When I traded my '03 Tribute for the Legacy last January, I had the KBB and other prices pegged anywhere from high $9K through $11K. The best he could do was $8,500 and when I checked with independent sources, I found the auction price was around $8K. Go to Edmund's "Real-World Trade-In Values" forum, where they'll give a an pretty good fix on what your car's actually worth. Link to comment Share on other sites More sharing options...
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