GOOD OR BAD?

[Billabong02]

Today i went looking for a used explorer and i found a 2000 Limited black with black interior. It has every option on it. It has 45,000 on it and they want $19,000. I don't know if this is a good price or not. I went to kelleybluebook.com and it has a retail of $17,000 but i know that they are going to make their money on it. The only thing i found wrong with it was the bumper where it looks like it hit another car and some paint came off nothing big. What do you all thing good or bad?

 

[SaleenEXP]

I think thats a good price for a limited at a dealership, most of the dealers here are selling Eddie Bauers of that year for more than that. You might be able to get them down a little on the price becasue of the miles, I saw a person selling a 98' Limited w/ 45,000 miles for about $14,000.

 

[Tars]

I've found in the past Kelly Blue Book prices are usually high. Check NADA's website for an other price idea. If the owners asking price is higher than Kelley's than I would say it is too high.
I usually go with the NADA value. Most car dealers I've ever talked to use NADA values when figuring trade in and retail prices, but a lot of them post Kelley Blue Book values on the windows because they are higher.
One other thing, you said it looked like it had been hit. Kelley retail values assume perfect condition with the costs to fix minor dents and repairs included.
The last thing I would ask you is do you feel the vehicle is worth that much. Anyway check them both. Somewhere in between the two is a good ideas of what the truck is worth.

 

[X24]

A friend of mine is a salesman at a my local ford dealer. He said that they look on Kelly Blue Book and that is how they determine how low they will go. They will go halfway between retail and trade-in value. It may be tough getting them their and depending on how the salesman is feeling that day depends on weather he is willing to let you walk or do everything he can to get you what you want.

 

[FrankRizzo]

I used to sell cars, and when people would come in quoting KBB we used to say: "Mr. Kelly is in the business of selling books, we are in the business of selling cars."

The bottom line is: It's worth what people are willing to pay for it.

I listed my 2000 Explorer for sale at $21k and got not one call....The market is soft on last year's body style. Don't get emotional,give a low-ball offer an be prepared to walk away - there are plenty of other ones out there...

 

[dogfriend]

Originally posted by FrankRizzo


The bottom line is: It's worth what people are willing to pay for it.

This applies to anything you want to sell and anything you want to buy.