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Anyone know why NADA has two listings for a 1987 911 Carrera Coupe? Both are described as two door coupes 911 Carreras but have some significant differences in value. Maybe one is some kind of an anniversary edition?
Thanks.
Jim Beam
www.nadaguides.com That is how dealers, and banks value cars in the open market. Keep in mind this is retail value at a dealership, not private party sales. Obviously private party sales will be a little cheaper.
Dealers dont really use those books all that much since those books dont actually buy cars. Mostly we use auction results and we have a program which searches a specificed geographic area for similiar cars for retail sale and how long that have been on the market.
Dealers dont really use those books all that much since those books dont actually buy cars. Mostly we use auction results and we have a program which searches a specificed geographic area for similiar cars for retail sale and how long that have been on the market.
Yes, some also use the Black Book which is strictly wholesale. Black Book values are not free on the internet.
Personally, I prefer http://www.kbb.com for private party values. But I never add options and use "average" or "good" (if its perfect).
Of course, the cars that I own are always worth more than the book says. Cars that I am trying to buy are always worth less than the published values.
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