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Off topic -- KBB vs NADA

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Old Jan 29, 2014 | 08:32 AM
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Default Off topic -- KBB vs NADA

Hey all, Looking to trade a vehicle and in doing some research I checked Kelly blue book and NADA values. There was a significant difference between the two and I am wondering why that might be ----- any thoughts??? Paul
 
Old Jan 29, 2014 | 10:22 AM
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Now check Edmond's if you want a real difference.

NADA and Kelly are dealer driven prices. They supply the numbers so their high overhead is written into that price.
 
Old Jan 29, 2014 | 02:23 PM
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When dealers are trying to buy your bike they quote the NADA price. When they sell it , they quote the KBB price.,,
 
Old Jan 29, 2014 | 02:39 PM
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Edmonds offers used prices for motorcycles? Does anyone have a link to that?

I use both NADA and KBB and average them out. Then I use the number that is most advantageous to me.
 
Old Jan 29, 2014 | 03:54 PM
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out in the northeast i know that Galves is very popular with car dealerships. They do list motorcycles but not sure if dealers use their motorcycle listings
 
Old Jan 29, 2014 | 04:00 PM
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Originally Posted by pinecroft
Hey all, Looking to trade a vehicle and in doing some research I checked Kelly blue book and NADA values. There was a significant difference between the two and I am wondering why that might be ----- any thoughts??? Paul

Why are they different? Sounds like a good question for KBB and NADA to answer.


Just use the one that benefits you more when negotiating.
 
Old Jan 29, 2014 | 04:02 PM
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Default Yep, Galves

99% of dealers and insurance cos use galves. Its a trade only journal..
 
Old Jan 30, 2014 | 09:12 AM
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Originally Posted by baka1969
Edmonds offers used prices for motorcycles? Does anyone have a link to that?

I use both NADA and KBB and average them out. Then I use the number that is most advantageous to me.

He said vehicle so I assumed he was not talking about bike prices.
 
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Old Jan 30, 2014 | 05:14 PM
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The last three vehicles I got rid of for something else, I sold myself. I just bought a new truck and they wanted to give me 24k for my old truck. I just sold it myself for 31k. I don't trade in anymore. I know they have to make a living but not a 7k living off of me. I used KBB and NADA and Autotrader to get my price. Just my 2 cents.
 

Last edited by Robbie13; Jan 30, 2014 at 05:17 PM.
Old Jan 30, 2014 | 06:54 PM
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Originally Posted by Robbie13
The last three vehicles I got rid of for something else, I sold myself. I just bought a new truck and they wanted to give me 24k for my old truck. I just sold it myself for 31k. I don't trade in anymore. I know they have to make a living but not a 7k living off of me. I used KBB and NADA and Autotrader to get my price. Just my 2 cents.
I agree, I have traded in one vehicle back in the day. Since then I always sell it myself.
 



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