Quote:
Originally Posted by drewsro
I work for a car dealer, and NADA is just a rough number. I've seen it high on some cars, and super low on others. You really have to look at that, KBB, Manheim MMR (you won't have access to that) and Black Book (probably don't have access to that either). That would give you a good estimate of value, but obviously it's only worth how much someone is willing to pay for it.
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I wish I had access to Black Book values. I help family members negotiate prices on car purchases. So for a used car the best I can do is have them try to get a price below NADA Loan Value. Not sure if that's optimal given the access I have and it's limitations.