Blue Book Values?
I checked out the value in the Kelly Blue Book web site for a 1994 Ford Explorer, XLT. It is in good condition, runs well with new tires, etc….the book price was $3200. I am going to sell it outright and not trade it in so how do I know what is an actual fair price? Isn’t the blue book just suggested quotes?
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Best way to make sure you sell for the right price is to use several sources for your information. The Blue book is an excellent source but also look in the paper in the auto section to she what the selling price range is for your vehicle. Remember you can always lower your price through the negotiating but you can never go up. Start high and then lower if they haggle. The blue book is a suggested retail price. Chances are they too will be looking at the blue book also. Happy selling.
The true value of any vehicle is what someone else is willing and able to pay for it, and what you’re willing to let it go for.
“Book price” is just a suggested starting place for negotiations, not a firm guideline for determining retail value.
Kelly Blue Book is just a guideline for auto prices.
There are allot of deciding factors that go into car pricing.
Is the market in your area selling allot of Ford Explorers or are allot for sale but none are selling.
It is not just the condition of the vehicle.
That is what ALL car lots and finance companies go by.