Truck Value Blog

I am in the process of trading in my 2004 car on a a new truck and in doing my research am finding the NADA trade-in value is over $2000 higher than the Kelly Blue Book value; for the same car! Of course, the dealer presented me with a deal reflecting the Kelly value, and I of course countered with the NADA value…

So, which value should I deem realistic and why such a huge difference?

Ah, the pleasantries of buying a car…

most dealerships use Kelly blue book…not because they are trying to gouge you, but because it is a more accurate value of what the car is really going for. They also look at what the car is going for at auction… They are not a not for profit organization obviously… NADA tends to be way to high on trade in value they are also comparing that trade in price to paying sticker.They also do not give accurate invoice prices for the new vehicles. Remember if you want to pay the dealership wholesale for their car then that is what you should expect to receive for your trade in. If you want to receive NADA for your car you should pay sticker because your discount is received in your trade in value…
Sincerely,
Honest car sales person

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Comments (4)

Few trucks retain 50% of their initial value after 5 years - so one takes a heavy hit in the first 3 years. Toyotas and Nissans tend to hold their resale value a little better than the American cars. Of the Big 3 - probably Dodge holds resale value better than Ford or Chevy.

Edmunds published the Top 10 Trucks and SUVs with the Best Residual Value. The Ford F350 Super Duty came in 9th - behind the Toyota Tundra and Tacoma.
http://www.edmunds.com/reviews/list/top10/115535/article.html

On the other hand of the scale, The Ford Ranger and the Mazda B-Series Truck (basically the same vehicle) wound up having the Worst Residual Value.
http://www.edmunds.com/reviews/list/top10/116143/article.html

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they dont do that if you modify it its now a coustom truck its worth whatever someone is willing to pay

i sold a car 600 over high book because i had rebuitl the motor

ive seen cars go for thousands over if it was in good shape

there was a model of jaguire that was selling used for 50000 over new price people waited months to get tem new some deales owners bought them new and sold them as used to get the exrta cash and the car never left the lot

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Can anyone tell me where to go online to find the truck value of a 1996 freightliner? Please Help!

Check Truckpaper.com for comps. They probably have 300 Freightliners listed.

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