Quote:
Originally Posted by jamal1984
no way, i just check the kellyblue book value for my car, 50K 2007 Sedan with ABS and Factory Fog Light, Bodykit, excellent condition for less than $9k
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KBB and other sources are often useless for real world appraisals.
The auto market can change week to week. Suppose gas prices doubled overnight because of some worldwide or national crisis and those prices sustained for more than at least a few days. How much do you think Prius, Yaris, Fit, Civic, Corolla, ect. prices would change? They would shoot up because demand would explode. On the flipside, SUV and truck values would plummet (much like this summer). Dealers often use their own judgement for what a car is really worth right now.
That said, the Yaris shouldn't be commanding these prices because gas has plummeted. This past summer, they could.
12-01-2008, 10:10 AM
Hybrid Mode
