Quote:
Originally Posted by hamburglar
I'm also pretty confused by prices. How could a 1999 with 115k miles be on sale for $8k from a dealer but some private sellers are asking $12k or more for the same car. It seems like a lot of the prices are far below the KBB estimated value.
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It's tough to say; some of the private sellers may have spent a boatload of money and time maintaining his or her ride to like-new standards and subsequently expect to get top-dollar for it when it is sold.
Alternatively, some dealers are known to buy problem cars cheap at auction, and do the minimum necessary to make them sellable and then flip them for a profit. If the price seems really cheap, there is probably a reason for it.
The bottom line is to do as much pricing and test driving as you can now so that you make a better and more informed decision.