This may explain a few things. First, I don't recall the last time I saw a
LBC on a dealer lot. Dealers who do put one on their lot don't want a rust
bucket. eBay, on the other hand, will sell cars that need to be held
together with duct tape. So the average dealer sold car will be more
expensive that the average eBay car. That does make NADA average prices
skewed upward and eBay average prices head in the other direction. It's all
averages for THEIR market.
Larry
-----Original Message-----
From: Richard Ewald
Sent: Monday, August 22, 2011 11:21 AM
To: mgbob at juno.com
Cc: mgs at autox.team.net
Subject: Re: [Mgs] Selling my '79 MGB Limited Edition
FWIW I have worked at car dealers (service manager) and we were told that
NADA tracked transaction prices to establish their values. The numbers in
NADA are usually much lower than Kelly Blue Book. Blue Book is great if you
are selling (but don't plan on getting those numbers from a savvy buyer)
NADA numbers are what our used car manager used as a starting place when
evaluating trade ins. So if you are selling, show the buyer Blue book, if
you are buying, use NADA.
The problem with NADA or any other evaluation service on very old cars like
LBCs is there are so few of them sold, and their condition is all over the
map, it is tough to get a proper average price.
Rick
_______________________________________________
Mgs at autox.team.net
Donate: http://www.team.net/donate.html
Suggested annual donation $12.75
Archive: http://www.team.net/archive
Forums: http://www.team.net/forums
Unsubscribe:
http://autox.team.net/mailman/options/mgs/ladaniels at sbcglobal.net
|