Kelley Blue Book Actually Re-Valued
#1
Burning Brakes
Thread Starter
Kelley Blue Book Actually Re-Valued
Amazing, after a long dialog with Kelley Blue Book www.kbb.com they actually listened and improved the values on our 993 model. They used to have it priced unrealistically in the teens for an 'excellent condition' car. I just punched in my '95 cab with 49,000 miles and it is listed for over $27,000. I also punched in a '97 cab and it was listed at over $32,000. At least it is a lot closer to reality than in the teens. Some sites actually listen and it benefits all of us at re-sale time.
#4
Three Wheelin'
Just plugged my 95 into the site, and it said that retail for an excellent one would be 16,999.
Let me know if you see a dealer selling one for $17, and I will buy another one.
Emerald
Let me know if you see a dealer selling one for $17, and I will buy another one.
Emerald
#5
Three Wheelin'
Join Date: Oct 2008
Location: San Francisco Bay Area
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Still seems like kbb values are on the low side. I put in the details for my car (unfortunately there's no way to select 18" Speedlines, hardback sport seats, etc.) and it came up with an 'excellent' value of $22K and a 'good' value of $21K
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#8
Rennlist Member
Join Date: Jan 2010
Location: Chicago, IL
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I just looked mine up. Was $15k (in March 2010), now reads $24k. That's definite progress. Although I'd still be out >$10k in the event of a total loss if the insurance company paid out KBB value.
#9
Nordschleife Master
Just went through this with Chubb. My '95 coupe - $14K . Please send me all your $14K coupes this week, I'll get a dealer license and retire in the style to which I'd like to become accustomed ...
#10
Are you guys pricing trade-in, private party, or retail?
I would think retail is the appropriate data point for insurance claims.
My retail comes in at $24K plus. Mileage must be a strong factor with this tool. Any of you guys with widebodies at slightly lower values (Tony) want to swap?
Also, I noted around $4K premium for cab over coupe. Probably depreciating the difference between sticker pricing initially. I don't think this is a realistic method for real-world pricing though (based on my recent shopping experience coupes were generally the same or more).
I would think retail is the appropriate data point for insurance claims.
My retail comes in at $24K plus. Mileage must be a strong factor with this tool. Any of you guys with widebodies at slightly lower values (Tony) want to swap?
Also, I noted around $4K premium for cab over coupe. Probably depreciating the difference between sticker pricing initially. I don't think this is a realistic method for real-world pricing though (based on my recent shopping experience coupes were generally the same or more).
#13
Nordschleife Master
#15
Three Wheelin'
I think KBB gets the bulk of its price info through the results of auto auctions. Since very few of our cars trade that way and the ones that do tend to be beaters, I suspect that skews their data quite a bit. Most quality insurance carriers will at least listen to your case for a higher value but that's also the reason to stick with agreed value coverage in the first place.
Good effort 95NC993; it's a step in the right direction that helps us all in a variety of ways. Thanks!
Good effort 95NC993; it's a step in the right direction that helps us all in a variety of ways. Thanks!