[quote=Raybyrnes]I use to think Craigslist was pretty cool and I think people were fairly reasonable when posting their junk and charging appropriately. But recently when looking at cars, I noticed about 90% of the adds are from dealers and even worse is the fact that owner adds are rediculously priced.
Kelly Blue Book is similar to Zillow. It is a guide not a hard and fast rule. But I will state that the majority of owners are trying to use Private party sales price from KBB to price their cars. Think what you want but I am not going to pay that for a used car. The reality is that Good Condition Trade In value is about what should be expected when selling a car. Go to a dealer and they will typically be about 500 to a 1000 less then that value on KBB.[/quote]
I don’t know about their cache. Their cachet, perhaps.
I’m with svelte. If it’s a car that appeals to you, contact the seller and ask if the price is firm. If they’re willing to deal, go see it. Just make sure that you have a range of prices in mind when you go, dependent upon the condition of the vehicle.
Most people’s definition of “worth” is how much money they want in their hot little hands. The concept that an item is worth exactly what a buyer wants to pay is foreign to many of them. I can’t blame people for asking high prices for their things: there are plenty of people out there who don’t do their homework before shopping, and they don’t have a clue. If the seller is lucky enough to get one of those on the line, often all he has to do is show them the Kelly BB price, and reel them in.
But these days, I think that there are far more people out there learning hard lessons about the “worth” of their possessions.
