Thread: Resale Value
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Old 12-29-2003, 09:21 PM   #4
420nitro
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Join Date: Nov 2003
Location: Rockford
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Resale value is based upon how many of these cars are at your local area. If the auction is flooded with let say "Mustangs" then the value drops. They will try to sort them out through out the country to keep the value up, but sometimes they are just flooded everywhere. The factory rebates for the same model also plays a huge role in value.

You want to know what your cars is worth,...then check the black book value. They are updated weekly! Only dealers have them and good luck at getting a peek. This year dealers were even able to buy cars/trucks below black book!!!! Kelleys blue book was at that time,... way off!!!!!!!!

Example: This year in the Spring you could pick up a 2003 Expedition Limited with 6,000 miles for around the mid to low twentyes. They're $40,000 plus brand new!! Dealers will also travel great lengths to get that better deal as well. If you're a dealer buying alot of cars, you will travel where ever the best deals are for that model.
So don't worry about resale value to much. Just get the car or truck you want.
I know this because, I helped out various auction sites through out the country.
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