03-01-2006, 08:15 PM | #23 | ||
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Quote:
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What he said.
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03-01-2006, 08:25 PM | #24 |
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The reason there is a difference is the source.... The Galves pricing is a pretty accurate representation of a particular vehicle's value in your part of the country.... the price a wholeseller would pay for that vehicle. The prices fluctuate based on what actual demand is. For instance, in the Galves pricing, your Miata's value in Vermont may actually RISE a bit during the spring where in the winter months it tanked. SUV's traditionally (in the snow belt) have a higher resale in fall than spring/summer. Kelly and NADA are NOT accurate in my opinion... they are simply an average... a "guide". I think they're great if you're selling private.
In NY/NJ/CT area, you should expect to get Galves value for your trade... it's what all the dealers use. Kelly and NADA are laughed at. So, I just pay the one-time fee online ($4 or $5), get the Galves, and expect NO LESS on the trade. I'm not sure why you would sue them.... remember... in the internet age, buyers have access to all the data on new cars.... so they go to the dealer armed to the teeth... and usually get a good price for their car. Of course, that means dealers make less per vehicle than they used to and that money is going to come from SOMEWHERE. Nothing is free. Besides dealers make more money selling USED vehicles than NEW. |
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01-23-2008, 11:30 PM | #25 |
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+1 Dealers use Galves because it is the most realistic price. If you are sellng you car or trading it in get the Galves book because this is what your car is really worth (usually). It also would not hurt to look at Galves to see what your shiny new car wil be worth once you drive it off the lot in a few years. It will make you sick. The wisest car buyers buy used late model cars at as close to Galves as they can get. I wish that were me.
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01-23-2008, 11:32 PM | #26 |
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WTF? I started reading this thread only to discover its almost two years old! IMHO threads should lock themselves after 6 months of no activity.
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01-24-2008, 05:15 AM | #27 | |
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You are what is wrong with America these days. edit: thread is old...You are what was wrong with America two years ago and hopefully have not continued to be so. |
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01-24-2008, 06:45 AM | #28 |
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Reminds me of the late 90's....around 2k1 all these frivilous lawsuits against bubble cos a la internet bust. If you owned any of these shares, you may be entitled to $0.50, and the list had like 300 companies. Here in the USA we love to sue, not create anything of value, and spend all day at it, 70 hours per week. And when we don't get compensated for creating anything of value, we borrow and lease what we didn't earn. And the funny thing is, most lawyers don't even get rich!
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01-24-2008, 08:22 AM | #29 | |
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This is one of those issues like what's the past tense of plea? Is is pled or pleaded? People have preferences, but neither is really wrong.
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03-03-2009, 04:45 PM | #31 |
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I am doing a class action suit against my dry cleaner..I dont like how he does my laundry.
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03-03-2009, 04:58 PM | #32 | |
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Similar to any other modes of sale: if you like the offer, take it. If not, leave it. |
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03-03-2009, 05:00 PM | #33 |
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hmmm, maybe you could show a collusion of sorts between dealers and the trade in value folks. Ever wonder why it's such a pain to sell a car yourself? Various documents, bills of sale, tax forms, emissions stuff, etc? Maybe because the dealers have lobbied to make it that hard so that we all just give in an take the cars to the dealer instead? combine that with the trade in folks and maybe there's a collusion. I don't know it seems tenuous but maybe not.
Now since we're suing today, who should really be sued via class action? the insurance companies. they lobby for lower speed limits, give out radar guns and lasers to law enforcement and then raise rates when we get cited!
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03-03-2009, 05:08 PM | #34 |
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03-03-2009, 05:52 PM | #35 |
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This is up there w/ the most ridiculous threads.
Da NADA and/or KBB buy cars? No. They are estimates as to what the vehicle you have is worth and not based on actual wholesale values. Galves is actual value. Just because a Caddy Escalade KBB's for $40k doesn't mean its worth it. If they're selling at wholesale (which is what Galves is) for $22k..thats all its worth. You're suing because their values are too low? This is absurd! Whats next? You're gonna sue Salvatore Ferragamo because his shoes are too expensive! Gimme a break. Don't like the assessed value of your car, sell it private. /story |
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