value of my car

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Old Nov 30, 2010 | 08:21 PM
  #1  
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Default value of my car

so i just looked up the value of a 97 Z28 with 150K on it and then looked up my car with 115K and my car is worth about 1000$ more... why????????


first i thought it was the options so i made it so the Z had the same options as my car


could 35000 miles really make a 1000$ difference even tho my car is a 3.4L and 3 years older
 
Old Nov 30, 2010 | 08:27 PM
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I am wondering also... If 150,000 is too high, then I can wait for another deal to come by. But please, if you guys feel that 150,000 is too high, please let me know. Of course, I could just run it and eventually replace it with a new engine when this one got bad. What you guys think?
 
Old Nov 30, 2010 | 08:28 PM
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no i deff read it right and as long as ive had my car the value keeps going up when i first bought the car it was only worth like 5600$

damn i thought this jumping was over
 
Old Nov 30, 2010 | 08:30 PM
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I think that you read it wrong, haha.
 
Old Nov 30, 2010 | 10:33 PM
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Your car has very low miles, for being a 15+ year old car. Yours averages to around 7,600 miles per year. That Z averages around 11,500 miles per year. National average is 12k miles per year, so the Z is right in there, yours is low. Car values are based on "average" miles, then some value is subtracted for it having more than average miles, and value is added for having less than average miles. BUT....that's going "by the book", and in the real world, street value isn't going to work out the same as what you're reading.
 

Last edited by Camaro 69; Nov 30, 2010 at 10:36 PM.
Old Nov 30, 2010 | 10:45 PM
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Camaro69 is right. I would never pay more money for a older '94 3.4 liter model than for a newer '97 Z28 model that has fewer miles on it.
 
Old Dec 3, 2010 | 08:05 AM
  #7  
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KBB is more for suggested retail price on a lot

use nadaguide or edmunds but a 1995 sixer.................

your car is only worth what someone who has cash on hand will pay you for it. If you try to sell it, and it won't sell, the price is too high for the current market.

the market dictates prices, not KBB. Edmunds tracks markets but the data lags. KBB does not track markets and that's why if a dealer pulls out the KBB to show why they are asking such a high price for a used car...........simply walk away
 




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