onewhippedpuppy said:
You're joking, right? Someone comes into my thread in the for sale section (not the general forum) and starts posting unsolicited and incorrect advice, essentially accusing me of lying within my post. He then continues his immature attacks, after I state that I have no interest in what he has to say. Then you tell ME to quit flaming?
Please, tell me what I said that was incorrect. When you quote KBB "retail" as a private party (without explicitly stating that you are quoting the retail value - which is irrelevant to your sale) you are misleading potential consumers and are breeding distrust with those that look into KBB themselves, only to discover the discrepancy. If you misrepresent the KBB value, what else are you misrepresenting?
Furthermore, if you feel your price represents the actual value of the vehicle on the market, why quote KBB at all? I wouldn't push the issue, but I feel my points are valid and accurate. Unsolicited, perhaps. But incorrect? Immature attacks?
I'm really not interested in your social commentary, and you have no idea what I'm like in person, so don't pretend to understand me.
The following is QUOTED directly from Kelley Blue Book. Please read it carefully.
Private Party Value is what a buyer can expect to pay when buying a used car from a private party. The Private Party Value assumes the vehicle is sold "As Is" and carries no warranty (other than the continuing factory warranty). The final sale price may vary depending on the vehicle's actual condition and local market conditions. This value may also be used to derive Fair Market Value for insurance and vehicle donation purposes.
The Kelley Blue Book
Suggested Retail Value is representative of dealers' asking prices and is the starting point for negotiation between a consumer and a dealer. This Suggested Retail Value assumes that the vehicle has been fully reconditioned and has a clean title history.
This value also takes into account the dealers' profit, costs for advertising, sales commissions and other costs of doing business. The final sale price will likely be less depending on the vehicle's actual condition, popularity, type of warranty offered and local market conditions.
Blue Book Retail Value Assumes Excellent Condition
This value assumes the vehicle has received the cosmetic and/or mechanical reconditioning needed to qualify it as 'Excellent'. This is not a transaction value; it is representative of a dealers asking price and the starting point for negotiation.
Excellent
"Excellent" condition means that the vehicle looks new, is in excellent mechanical condition and needs no reconditioning. This vehicle has never had any paint or body work and is free of rust. The vehicle has a clean title history and will pass a smog and safety inspection. The engine compartment is clean, with no fluid leaks and is free of any wear or visible defects. The vehicle also has complete and verifiable service records.
Less than 5% of all used vehicles fall into this category.
