On 09/29/2009 11:26 AM, Elle wrote:
> Jim, I think your goals for owning a car are different from others'.
> In particular you seem feel that how the market values a car is
> irrelevant, hence odometer readings and salvage status are irrelevant.
> Fine for your and some people's needs. Not for mine and others',
> though. I want a car for which a price has been "set" by a resource
> like Kelly Blue Book. KBB.com will not spew out a price for cars with
> unknown mileage or having salvage status. Your argument is probably
> more with kbb than anything else.

again, i think you're the victim of kbb's self-promotion propaganda.
kbb is simply "reported" prices [dmv taxes anyone?], not actual market
transactions.

example: honda crx.
here in the san francsico bay area, kbb has a 91 crx si is listed as
$2130 for "excellent condition". what an utter crock! a real "street"
price of that vehicle in good shape is $4k - $6k. i've seen people
selling non-rolling crx shells here on craigslist for $1500. and i have
personally witnessed people outside a seller's door waving $100 bills
and bidding the price of for-sale crx's up to 2 or 3x asking.

bottom line - consider whose interests kbb pricing may serve. and
consider how they get their "data".