It’s Only Worth What Someone Will Pay

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There are many pricing guides to determine the value of vehicles. The truth is a vehicle is really only worth what someone will pay for it. There is no exact value on every vehicle since every vehicle has different features, quirks, and qualities.

Many guides are used to determine value.Many dealers use a “black book”. Many people use Edmunds. Others use NADA. I have found that most people use KBB (Kelly Blue Book) value so it’s helpful to use KBB yourself. After all, if your buyers think that a vehicle is worth KBB value, you already know what price they may have in mind to offer you.

If you decide to use KBB, you can skip some of the steps that their new website has in place by simply going to http://www.kbb.com/sellerstoolkit.

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