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Re: OT: Blue Book Values? (archive)

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Posted by dbruce on February 02, 2001 at 14:25:21:

In Reply to: OT: Blue Book Values? posted by Zoso on February 02, 2001 at 13:00:56:

Pricing depends on the area and demand. With all the bad press from tire thing, demand is probably significantly reduced.

The second thing to make sure of is the car has not been in an accident or anything else. Does the dealer provide a warranty on the car from date of purchase?

Offer the dealer $9,000 and see what he comes down to. This is assuming all the other stuff checks out.


I'm having a hard time understanding or interpreting the blue book values. I always thought that the blue book values were what your car is worth. I do understand the differenced between trade-in and retail prices.

My girlfriend is currently looking at getting a used 96' Ford Explorer XLT. 62,000 miles. Well loaded. Good condition. The dealer wantes about 10k for it. I go on kbb.com and edmunds.com and they both say that the truck is worth between 13k and 14k (retail) and over 11k trade-in. I seriously doubt the dealer would sell it for lower than its real value.

Why such a discrepency? Things for my M3 look fishy too. Retail is 37k while trade in is about 30k.

Anyone have anything good or bad to say about a '96 Ford Explorer XLT (4.0l)? Anything I should look out for (besides the tires)?

Thanks,
Mike





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