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Kelley Blue Book Actually Re-Valued

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Old 07-26-2010, 11:40 AM
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95 NC 993
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Default 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.
Old 07-26-2010, 11:54 AM
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DanL993
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Unbelievable!! Nice work.
Old 07-26-2010, 12:15 PM
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TRM
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Great news!
Old 07-26-2010, 12:21 PM
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e3photo
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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.

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Old 07-26-2010, 12:26 PM
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logan2z
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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
Old 07-26-2010, 12:36 PM
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Ed Burdell
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Insofar as insurers knee-jerk to KBB values in the event of claims, getting more realistic prices in there is huge. Kudos to you for your coup.
Old 07-26-2010, 12:37 PM
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TRINITONY
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My excellent 97 C2S( C4S) ...with spoiler etc..


Excellent $19,475
Good $18,625
Fair $17,125


Old 07-26-2010, 12:39 PM
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ggg1ggg
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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.
Old 07-26-2010, 12:40 PM
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JPP
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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 ...
Old 07-26-2010, 01:57 PM
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zechunique
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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).
Old 07-26-2010, 02:05 PM
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e3photo
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I went with retail, asI figured that would be the higher number.


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Old 07-26-2010, 02:37 PM
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rc1320
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Who here would like to buy a Mexico Blue 95 for $17?
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Old 07-26-2010, 02:38 PM
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JPP
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Originally Posted by zechunique
Are you guys pricing trade-in, private party, or retail?

I would think retail is the appropriate data point for insurance claims.
It's an insurance company. They will ALWAYS default to the number that's to their stockholders advantage.
Old 07-26-2010, 04:05 PM
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vincer77
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My '97 Cab, 77,000 mi came up $27,935. Fairly accurate I'd say. Though I paid more.
Old 07-26-2010, 04:18 PM
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2Many Cars
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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!


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