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Asked: Jan 17, 2008 - 11:16 AM
Status: Closed
avt47
difference in kbb and edmunds
Hi, Why is there a considerable difference between kbb value and edmunds appraisal value for used cars? thanks
In Buying & Selling > Car Buying2 answers - 659 days ago
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Voted Best Answer
bepperb
Date: Jan 17, 2008 Time: 02:29 PM
KBB prints optimistic retail values, or what dealers would put on window stickers. Edmunds uses averages of transactions for vehicle purchases.
Answers
madmanmoo
Date: Jan 18, 2008 Time: 08:51 AM
Many times, KBB is late in their evaluation of what your vehicle will be worth. Think of what 3 weeks could do to your trade-in value. Both are supported by advertisers, but KBB seems to run a little late on their evaluations. Edmunds seems to have a little bit better handle on what realistic prices are. Good luck!
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