Kelly blue book pricing question

Discussion in 'The Lounge' started by SJ_BIKER, Jul 17, 2017.

  1. #1 Posted Jul 17, 2017

    Cruisin' on my Bluebird

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    Im about to put my car on the market. Kelly blue book site says it worth 1700. I recently got new tires on it and replaced a muffler in it. My question is can i or should i pass along some of that investment to the new owner. Say 200 to 400 hundred dollars. I ask this as in the classic car world that seems to be standard practice ....my car is not a classic ....its a solid commuter....any ideas thoughts welcome...
     
  2. #2 Posted Jul 17, 2017

    Riding a '38 Autocycle Deluxe

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    Important things to consider when valuing your vehicle:

    Location: Some cars are worth more in some areas, and less in others. Price guides rarely take this into account. See what similar vehicles sell for in your location.
    Condition: BIG difference. Also, age and mileage. Highway miles are far less wear and tear than city miles, just as a note
    Make, model, and options of course.

    Newly replaced parts such as tires, battery, exhaust work, shocks, lights, upgrades, etc can all help sell a vehicle quicker. Those are common wear items that the new owner doesn't have to worry about.

    However, unless it is a desirable vehicle like a mint condition pickup, a classic, sports car, or something else with street cred, these things seldom raise the value significantly. I think it is wise to try to grab an extra few hundred.

    It seems though that major drivetrain, electrical, or significant body repairs almost always hurt value. Drivetrain or electrical issues can give the impression that the vehicle is a lemon, used up, or abused. Significant body repair or a rebuilt title will seriously hurt the value, unless you have very good documentation showing the work was done and certified by a reputable shop.

    I know this isn't a direct answer, but it's hard to give a direct answer without make, model, and year.

    @jd56 may be more qualified to answer this question.
     
    #2 partsguy, Jul 17, 2017
    Last edited: Jul 17, 2017
    mike j likes this.
  3. #3 Posted Jul 17, 2017

    Riding a '38 Autocycle Deluxe

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    Partsguy is right.
    Just like anything with wheels or prop condition is the deciding value factor.
    Substandard previous body repairs can ruin a car's value. No maintenance records is a downer too.
    If needing to sell quick, go low on the asking price. No hurry, then ask for the full retail value.
    Kelly or NADA is a guide, that's it. Each car has it's unique qualities that raise or lower their value...just saying.
    Not sure if anything I said helps but, feeling, seeing what is for sale speaks volumes.



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  4. #4 Posted Jul 17, 2017

    I'm Afraid I Can't Do That Staff Member System Administrator

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    I think with the resale of cars of higher value, you'd simply lose your $ investment of tires, exhaust etc... that invested money is a fraction of the value of the whole car, but at the price point of $1700, you are increasing the resale value. Seems to me, a buyer will chose your car with new tires over the same model with bald tires, even if it's several hundred bux more.
     
    mike j and partsguy like this.
  5. #5 Posted Jul 17, 2017

    Riding a '38 Autocycle Deluxe

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    I agree. Still need to see pics and info on vehicle though. You won't squeeze anymore money out of a 1990 Ford Escort in poor cosmetic condition. You might out of an average 2004 Toyota Corolla. You definitely can get more money out of a 2009 Honda Accord or Nissan Frontier. Again, prowl your local CL...
     
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