|
I've bought and sold quite a number of cars, primarily on Craigslist.
I notice a lot of cars that are posted for sale significantly above KBB prices... and they sit there for ages, not selling until they eventually drop the price. In my experience, if I take KBB's and Edmunds' private party prices (with accurate info, no "Excellent" condition prices for a salvage title beater) and average them, that's pretty darn close to what I'll get. If I price it significantly higher, it sits forever and I can eventually sell it for a little higher, but not much.
|