do people still use NADA or KBB?

[Rick]

Do people still use these automotive pricing guides? I see trucks mainly, on here and other places that are priced wayyyyy above suggested retail. Do people really pay way above NADA and KBB for used vehicles?

[Huntindad]

following...I have a 04 dodge 5.9 I may be selling and have often wondered about theses sites for it's value.

[twosixteens]

Nope we prefer the price police to step in and set em straight

[Trevor73402]

Nada is what is used by most banks/credit unions/other lending institutions to determine value. KBB isn’t used much in this area, atleast not commercially or professionally.

When trading in a vehicle you want to try to get at or more than NADA “clean trade-in”. When buying don’t ever pay more than clean-trade in, unless it’s just something you really want.

[kae006]

I used KBB to sell the wife's 4runner a few weeks ago. Used their instant cash offer and took it to the nearest participating dealer and got a check.

[TX_Hoghunter]

Do people still use these automotive pricing guides? I see trucks mainly, on here and other places that are priced wayyyyy above suggested retail. Do people really pay way above NADA and KBB for used vehicles?

I agree with you. Over the past few years the pricing that I see is wild. I have no clue where it comes from.....but it applies to things other than trucks. I love the ones that say Hey I have to sell this...motivated seller....It retails for $399 so I will take $389........

-john

[TacticalCowboy]

People are nuts on 5.9s and 7.3s. I’d take a look at the Facebook and Craigslist ads and price it accordingly.

There was a 2007 3/4 ton 4 door 2wd with 69k here in Snyder. It was $14k and sold within two weeks.

[RiverRat1]

I agree with you. Over the past few years the pricing that I see is wild. I have no clue where it comes from.....but it applies to things other than trucks. I love the ones that say Hey I have to sell this...motivated seller....It retails for $399 so I will take $389........

-john

LOL I just saw this on a new window unit AC. Only they wanted $10 more than new!

I think people have lost their minds. All these pro car/truck buyers getting the wool pulled over their eyes thinking they got this great deal because they're awesome negotiators. So when time to sell they're forced to ask super high.

[Bumpy]

People are nuts on 5.9s and 7.3s. I’d take a look at the Facebook and Craigslist ads and price it accordingly.

There was a 2007 3/4 ton 4 door 2wd with 69k here in Snyder. It was $14k and sold within two weeks.

That’s a good price

[TacticalCowboy]

That’s a good price

Craigslist would definitely agree. I personally can’t fathom spending 14k on a 12 year old truck.

[LFD2037]

Agree. I bought my 2008 Dodge dually 3500 quad cab 4x4 new for $31,500 drive out. I see similar trucks that are 10 years old with 175K miles people want $25-30K for. Blows my mind.

[Rick]

Agree. I bought my 2008 Dodge dually 3500 quad cab 4x4 new for $31,500 drive out. I see similar trucks that are 10 years old with 175K miles people want $25-30K for. Blows my mind.

I always wonder if people actually pay that or if the seller is just seeing what he can get?

[Acameron52]

I think it just depends. I look at it when I sell but don’t always go right along with that value.

[tdwinklr]

I always use KBB as a baseline to sell or buy vehicles ... if its too far off in price, I move along to the next one.

[30-30]

I imagine new prices for heavy duty trucks drive the used market. An XLT F250 didn’t sticker $50k+ back when the 5.9s and 7.3s were new. Most folks can’t afford that.