Bill,
Check the National Automobile Dealers Association (NADA) website. This the
official guide the dealerships use for determining vehicle values. It can
be found at: http://www2.nadaguides.com/
Rich - Ashburn, VA
-----Original Message-----
From: Bill Pitz [mailto:dakota@billpitz.com]
Sent: Tuesday, February 04, 2003 11:45 AM
To: dakota-truck@dakota-truck.net
Subject: Re: DML: Value Question
At 05:50 AM 2/4/2003 -0500, you wrote:
>Hi to all
>
>I am thinking about purchasing a 1993 Dakota SE Extended Cab 2wd
>Auto V6 Magnum with 135000 miles on it. It is at a used car lot and I
>have neg. the price to $2500. The truck seems to be in excellent running
>condition and is in clean condition. I checked kelly Blue and it says
retail
>is around 5200, but I checked Edmunds and it said $2200. To me that is a
>biggg difference. I thought that maybe the Edmunds was a trade-in value
>but that was even lower yet at $1200. I would have bought the truck
>yesterday until I saw the Edmunds numbers, now I'm not sure if $2500 is
>a good deal. Any thoughts, suggestions?
Blue book tends to be a tad high, while Edmunds tends to be low. If the
truck really is in good condition, $2500 sounds like a pretty good deal as
it should continue running well for years to come with proper
maintenance. (Of course, on a vehicle with that sort of mileage, you
really have no idea what the previous owner has done in terms of
maintenance -- who knows how often that tranny has been serviced. My guess
would be that it would be the first component to fail.)
-Bill
-- Bill Pitz <dakota@billpitz.com> '00 Dakota CC SLT 4x4 4.7L V8, 3.92lsd, Flowmaster 50 series
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