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What is the best website to know your trucks worth?
Posted on 8/1/24 at 10:32 am
Posted on 8/1/24 at 10:32 am
I would prefer to not put in my phone number and email out to get blown up by every dealership around. TIA
Posted on 8/1/24 at 10:35 am to Duckman13
Posted on 8/1/24 at 10:52 am to Duckman13
Wife works in auto tech. KBB is by far most used for loans and trade ins.
If your truck is old or in unique condition, you just have to research and hustle.
If your truck is old or in unique condition, you just have to research and hustle.
Posted on 8/1/24 at 2:12 pm to Duckman13
I use KBB a lot and never enter a phone # or email address
Posted on 8/1/24 at 2:32 pm to Duckman13
You can get a car max online offer too. I’ve done it several times and no one contacted me.
Posted on 8/1/24 at 3:39 pm to Duckman13
Dealers usually use MMR, it’s normally pretty close to what KBB trade in is but sometimes it can be different. If you put your information in on the KBB website you won’t get contacted about it. You can also do the same thing on the Carvana website. They will send you an email with the amount your car is worth and then you’ll get emails every now and then with updates. You can unsubscribe whenever. If you go to Carmax’s website you can put in the vehicle information and they will make you an offer and they will never contact you again.
I usually go to those three places to get an idea and then go to the dealer and ask them to show me the MMR value after we have come to terms on the vehicle price. You can usually use those offers to get a little more if the MMR is coming up short.
I usually go to those three places to get an idea and then go to the dealer and ask them to show me the MMR value after we have come to terms on the vehicle price. You can usually use those offers to get a little more if the MMR is coming up short.
Posted on 8/1/24 at 5:34 pm to STATigerFan
quote:
Dealers usually use MMR, it’s normally pretty close to what KBB trade in is but sometimes it can be different. If you put your information in on the KBB website you won’t get contacted about it. You can also do the same thing on the Carvana website.
I spent 35 years consulting to dealership service departments but I've been around dealer sales too a lot. Lifelong in the dealership environments,
There have always been different books used for trading and for selling. And at times different versions of the same "books". One for the customers to see and one for the dealers to use.
I am not sayng one book is more accurate than the others. I actually think long term NADA's Guide is probably as actual values for retail, trade and loan. But be dealeres will aslo use these numbers differently than customers do.
I think there are a lot of hinest dealers and a lot that are not very.
But their job is to get your trade as cheap as possible, Used vehicles and service pays the bills in dealerships.
Focus on the difference is as good a strategy as any. Don't play poker against the house.
Posted on 8/1/24 at 7:53 pm to Duckman13
What year, make, model, miles?
Posted on 8/1/24 at 10:07 pm to Swazla
quote:
But their job is to get your trade as cheap as possible, Used vehicles and service pays the bills in dealerships.
This is definitely true. I just bought a Sierra in January of this year and the dealer used MMR for my trade in. And that value was actually $3,000 more than KBB said it was worth. If I didnt do my research on multiple websites and I wasn’t a smart shopper they could have taken me for and extra $3k.
My last truck was a 2021 Ram (got it in February of 21) and they also used MMR for the value of my trade as well. It was also a different value than kbb said back then, don’t remember how much it was off though.
I’d just check with as many sources as you can and when they say “what do you want for your trade” definitely don’t answer that question.
Posted on 8/2/24 at 10:30 am to STATigerFan
dealers use KBB to hoodwink customers. Banks only use JD power for values. When working a trade, I take in to consideration, Jd power, kbb, and mmr, but the deciding factor is purely market value within a certain range of my dealership. I usually want to be able to retail it to the next customer at one of the best prices in that range.
Posted on 8/2/24 at 10:41 pm to STATigerFan
quote:
when they say “what do you want for your trade” definitely don’t answer that question.
So what do you say?
Posted on 8/3/24 at 7:56 am to Duckman13
I wish kbb had an option that said, “smoked in. Hasn’t been vacuumed out in 6 years”
Posted on 8/3/24 at 11:26 am to saintkenn
quote:Yeah I was going to pull it for him and pull the CCC valuation report, but it looks like he disappeared
Banks only use JD power for values.
Posted on 8/3/24 at 11:49 am to biglego
I let them make the offer to me. I don’t tell them what I want in case it’s less than what they would offer. The MMR value is based off of auctions so they can change often.
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