That's true. I mean with private party there's no real way to know. I see them on Craigslist for 75% over KBB all the time and it's stupid. I have talked to numerous of them saying that's way too much and there's no way they'll get that whatever whatever then they tell me a few weeks later they got asking price. Could be full of junk or could be true. Who knows.
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Hard to say....I wouldn't be surprised if they are getting asking or close to it...but I can't say for sure. Unfortunately, a lot of human nature tends to hide our losses....so it's hard to say if those folks are being completely honest about how they did. Me, I SUCK at negotiation...though I've gotten a little better in recent years. I tend to overpay for a lot of things and fool myself into thinking I got a good deal if I searched the internet looking for the lowest price and then waiting for a 10% off coupon or searching for a coupon code, LOL....at least I'm not paying full retail, is my justification.
Regardless, you can't save people from themselves. And I'm not looking down my nose at anyone for buying what they want, merely identifying the underlying problem with inflated prices...and that's the consumer's willingness to pay it coupled with low interest rates and fast and loose credit lending (though in the case of older used cars, that doesn't come into play).
I'm no one to talk anyway....I paid $32K for our 4Runner when we bought it new. Talk about overpaying, LOL.
I will say it's been one of, if not
the most reliable vehicles we've ever owned.
We all spend money on frivolous stuff....1st world problems, right?
Regardless, it's none of my business how anyone spends their money...as long as they are happy with the purchase, that's all that matters.
