Your Toyota just got worth more

I suspect the valuation of older cars is very variable. Not many are around
to change hands so one out of wack sale can affect book prices dramatically
either way.


"Mike Hunter" <mikehunt2.TakeThisOut@mailcity.com> wrote in message
news:bq6dnfK9au9wjMrbnZ2dnUVZ_tWhnZ2d@ptd.net...
> What was it Barnum said about one being born every minute? LOL
>
> mike
>
> "Hachiroku ????" <Trueno.TakeThisOut@AE86.gts> wrote in message
> news:dDC5i.4$Au6.0@trndny04...
>> From the LA Times: Sales of smaller fuel efficient cars was up for the
>> last quarter, with peope abandoning 6 cyl enginef for fours.
>>
>> For my 1995 Tercel 2dr DX, here's the KBB, Private party value:
>>
>> Condition Value
>>
>> Excellent $2,600
>> Good $2,235
>> Fair $1,835
>>
>> When I sold it in 2005 with 125,000 miles on it, it was valused at $2425,
>> Good condition. I guessed the girl I sold it to doesn't drive much, so
>> this computation is for a Good condition car with 175,000 miles on it.
>>
>> I'd say a loss of $200 for 2 years for a 12 YO small car is not too bad,
>> all in all...
>>
>> My Supra did even better:
>>
>>
>> Condition Value
>>
>> Excellent $4,140
>>
>> Last time I did it was with 165,000 miles, and the value was $3425.
>> This time is with 200,000 miles, and two years older.
>>
>>
>
>
 >> Stay informed about: Your Toyota just got worth more 

"Art" <begunaNOSPAMPLEASE DeleteThis @mindspring.com> wrote in message
news:8EG5i.15020$j63.8255@newsread2.news.pas.earthlink.net...
>I suspect the valuation of older cars is very variable. Not many are
>around to change hands so one out of wack sale can affect book prices
>dramatically either way.

Anyway, the Kelley Blue Book is usually overpriced when it comes to retail
and underpriced when it's to the dealer's advantage. I've seen examples
of 'retail' values for cars that if a dealer asked that price for even a
cherry used car, the customers would laugh themselves silly.
In fact, some salesman will drag out the KBB to show customers the true
value....as in "Look here! this car is valued at $12,300 according to KBB,
and our price is only $10, 995! Think of the money you're saving!"
 >> Stay informed about: Your Toyota just got worth more 

On Fri, 25 May 2007 14:44:25 GMT, Hachiroku ???? <Trueno RemoveThis @AE86.gts>
wrote:


>My Supra did even better:

What year is it?

I rented a black '87, with targa top, when the rental company ran out
of mid-sizes and upgraded me to an "exotic", on a Virginia business
trip in '87. GREAT CAR!

My wife had an '84 300ZX w/ leather and t-tops when we met, but she
blew it up with no oil before it became "mine".
 >> Stay informed about: Your Toyota just got worth more 

On Fri, 25 May 2007 23:15:43 +0000, Bonehenge (B A R R Y) wrote:

> On Fri, 25 May 2007 14:44:25 GMT, Hachiroku ???? <Trueno.DeleteThis@AE86.gts> wrote:
>
>
>>My Supra did even better:
>
> What year is it?
>
> I rented a black '87, with targa top, when the rental company ran out of
> mid-sizes and upgraded me to an "exotic", on a Virginia business trip in
> '87. GREAT CAR!

'88. GREAT CAR (um, for a 19 year old...)

>
> My wife had an '84 300ZX w/ leather and t-tops when we met, but she blew
> it up with no oil before it became "mine".


and you *still* married her?!?!?!
 >> Stay informed about: Your Toyota just got worth more 

On Sat, 26 May 2007 00:20:45 GMT, Hachiroku ???? <Trueno.RemoveThis@AE86.gts>
wrote:
>
>> My wife had an '84 300ZX w/ leather and t-tops when we met, but she blew
>> it up with no oil before it became "mine".
>
>
>and you *still* married her?!?!?!
>

That car was a blast. <G>
 >> Stay informed about: Your Toyota just got worth more 

On Fri, 25 May 2007 14:20:54 -0700, mack wrote:

>
> "Art" <begunaNOSPAMPLEASE.DeleteThis@mindspring.com> wrote in message
> news:8EG5i.15020$j63.8255@newsread2.news.pas.earthlink.net...
>>I suspect the valuation of older cars is very variable. Not many are
>>around to change hands so one out of wack sale can affect book prices
>>dramatically either way.
>
> Anyway, the Kelley Blue Book is usually overpriced when it comes to retail
> and underpriced when it's to the dealer's advantage. I've seen examples
> of 'retail' values for cars that if a dealer asked that price for even a
> cherry used car, the customers would laugh themselves silly. In fact, some
> salesman will drag out the KBB to show customers the true value....as in
> "Look here! this car is valued at $12,300 according to KBB, and our price
> is only $10, 995! Think of the money you're saving!"


HAHAHA! Did I ever mention I used to sell used cars?

How about a 2005 Scion tC?

Condition Value

Excellent $19,200


They sell for less than that NEW! (I think...)
 >> Stay informed about: Your Toyota just got worth more 

On Fri, 25 May 2007 14:20:54 -0700, mack wrote:

>
> "Art" <begunaNOSPAMPLEASE DeleteThis @mindspring.com> wrote in message
> news:8EG5i.15020$j63.8255@newsread2.news.pas.earthlink.net...
>>I suspect the valuation of older cars is very variable. Not many are
>>around to change hands so one out of wack sale can affect book prices
>>dramatically either way.
>
> Anyway, the Kelley Blue Book is usually overpriced when it comes to retail
> and underpriced when it's to the dealer's advantage. I've seen examples
> of 'retail' values for cars that if a dealer asked that price for even a
> cherry used car, the customers would laugh themselves silly. In fact, some
> salesman will drag out the KBB to show customers the true value....as in
> "Look here! this car is valued at $12,300 according to KBB, and our price
> is only $10, 995! Think of the money you're saving!"


And, I had to laugh at this one from KBB's site:

Compare Similar Vehicles

2007 Scion tC
Photos
Review
Pricing

2007 Chevrolet Cobalt
Photos
Review
Pricing


Right...Cobalt and Scion as "similar vehicles"?

(I will *never* admit I was considering a Cobalt when I bought the Scion,
so don't ask...)
 >> Stay informed about: Your Toyota just got worth more 

I guess it depends on which 'book' and which 'value' in that book. The only
book that actually records the actual prices, at which vehicles are actually
being traded and sold retail, at new car dealerships is the NADA Guide,
period

One Toyota dealer is advertising that they need more used Toyotas because of
the 'growing demand.' To get your Toyota in trade, they are offering '110%
to 130% ABOVE book value' for trades on any new Toyota IN STOCK.

When one reads the fine print it is 110% to 130% over average 'loan value.'
That sets the real value of your trade at below 'wholesale' and then only if
it traded on a car with a $2,900 smoke and mirrors package that is added to
every vehicle on the lot LOL

mike




"mack" <mackerel.DeleteThis@dslextreme.com> wrote in message
news:135elmlibvqnp3c@corp.supernews.com...
>
> "Art" <begunaNOSPAMPLEASE.DeleteThis@mindspring.com> wrote in message
> news:8EG5i.15020$j63.8255@newsread2.news.pas.earthlink.net...
>>I suspect the valuation of older cars is very variable. Not many are
>>around to change hands so one out of wack sale can affect book prices
>>dramatically either way.
>
> Anyway, the Kelley Blue Book is usually overpriced when it comes to retail
> and underpriced when it's to the dealer's advantage. I've seen examples
> of 'retail' values for cars that if a dealer asked that price for even a
> cherry used car, the customers would laugh themselves silly.
> In fact, some salesman will drag out the KBB to show customers the true
> value....as in "Look here! this car is valued at $12,300 according to KBB,
> and our price is only $10, 995! Think of the money you're saving!"
>
 >> Stay informed about: Your Toyota just got worth more