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KBB = comical, Edmunds = high, board = real (archive)

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Posted by Brouhaha on January 30, 2001 at 01:17:15:

In Reply to: Prices here vs Edmunds and KBB - What the F*@K?? posted by buyers market on January 29, 2001 at 22:37:46:

Try comparing KBB to Edmunds. You'll find that the price difference b/t the 2 with the exact same car is a joke.

Example, 1998 M3/4, manual, 25k miles, outstanding condition, cd, cruise, computer, heated seats, spoiler:

KBB: $32,400/$39,900 (trade in/retail)

Edmunds (TMV system): $30,800/$34,200 (trade in/retail).

Some guidance! The truth is that neither is accurate and both over estimate what the cars really sell for. Hell, both add $700 or so for the automatic, and we all know how true That is, lol.

Cars are bad investments. One can expect, at best, a car to be worth 70% of its MSRP after 3 years, and that's outstanding. That means '98s should sell for roughly $28-30k now. The M3 rocks but it's a fairly common used car.

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