A friend of mine is trading her car and she did a Kelly Blue Book on her car and got the value but when she went to the dealer they told her they don't use KBB and that they used a different system. They appraised her car at a lower value than KBB and now I'm wondering what appraisal website do they use because KBB gave my friend a higher appraisal than the site that the dealer uses.|||The dealers use a subscription based dealer only website called Manheim. This website lists what similar cars are currently selling for at the dealer only auctions in their area. When a dealer is taking your car in on trade they are essentially buying this car from you. They won't give you much more for it than what they would pay for a similar car at auction.
If you feel that the dealer is not giving you a fair price you can always sell this car yourself. You won't have access to Manheim to price your car. You will need to use the public websites.
Edmunds
Kelly Blue Book
NADA Guide
It also helps to see what cars similar to your are selling for in your local area. If your car is priced higher than similar cars in your area guess which ones potential buyers will look at first? The classified section of your local newspaper can be helpful.
When evaluating condition of your car you are better off if you are brutally honest with yourself. It is very easy to state that your baby is in better condition than it actually is. Potential buyers will quickly spot this ans simply move on. Price the car fairly and it will sell.
One last piece of friendly advice. Post the price in any advertisements and on your for sale sign. Avoid using "Or Best Offer". Buyers prefer that you are up front with the price. If you are evasive with your price they may not even give your car a look.|||Dealers use what's known as the 'Black Book' to value trade ins. They are based on how much they sell for at dealer only auctions, so prices will be much lower.
You can value your car using Black Book here:
http://www.manchesterhonda.com/trade-in-鈥?/a>|||Most use black book by mail. A little black book that comes out weekly.
Its prices are LOTS more accurate than KBB.|||auto trader and bluebook
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