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Asked: Jan 17, 2008 - 11:16 AM

Status: Closed

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 Buying
2 answers - 677 days ago

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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.

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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.

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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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