KBB vs. NADA

Message

stevep · #1 Unread post by **stevep** » Mon Apr 21, 2008 11:10 am

Why is there such a difference in the values shown by KBB and NADA? The same Triumph Bonneville is $4360 KBB and $2585 NADA

http://www.kbb.com/kbb/OtherVehicles/Pr ... earId=2001

vs.

http://www.nadaguides.com/default.aspx? ... =MC&gtc=MC

batstiva · #2 Unread post by **batstiva** » Mon Apr 21, 2008 11:54 am

^^ No idea. But can tell you on my 91 F250, there was almost 2000 dollars difference between the two.

ofblong · #3 Unread post by **ofblong** » Mon Apr 21, 2008 1:19 pm

my guess would be Nada shows you what you would get if you traded it into a dealership and the KBB shows what you can get selling it on your own.

batstiva · #4 Unread post by **batstiva** » Mon Apr 21, 2008 1:20 pm

^^KBB's website allows you to do either private sale, or trade in, and it's always higher than NADA. Suspect it may be because on KBB, you have to input a lot more info about the vehicle to get the price.

NewGuy · #5 Unread post by **NewGuy** » Mon Apr 21, 2008 8:30 pm

batstiva wrote:^^KBB's website allows you to do either private sale, or trade in, and it's always higher than NADA. Suspect it may be because on KBB, you have to input a lot more info about the vehicle to get the price.

Actually the KBB website gives estimated value of a "Trade-In," as in what a dealer would give you for your used bike, and "Retail-Value" as in what a dealer would price a used bike for sale. IMO, a reasonable "private sale" price is about halfway between those two values.

http://www.kbb.com/kbb/Motorcycles/Default.aspx

oxbow1 · #6 Unread post by **oxbow1** » Wed Apr 23, 2008 11:18 am

What you are selling is only worth what someone will pay for it. KBB and NADA are guidelines not written in stone.
If you are trying to score big selling a used vehicle you are kidding yourself.