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Old 08-25-2003, 08:53 PM   #1
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Default NADA vs KBB and my ride

Hello, I am in the process of buying a 97 SSEi private-party. It has all the available options and 73k miles. KBB lists the value as $8,525 and NADA lists the car at $11,125. Why such a big difference? Which one is accurate?

In any case, I'm getting it for $7,000. It'* extremely clean and in excellent condition. Pretty good deal, eh? I'm so happy!
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Old 08-25-2003, 08:57 PM   #2
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NADA? Does that stand for National Auto Dealership Assoc.? Dealerships charge a bit more for commision purposes.
Anyway good find and welcome to the Club!
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Old 08-25-2003, 09:03 PM   #3
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Oh. So NADA is what I would pay at a dealership, and KBB is what I would expect to pay private-party. Still, that'* $1,500 less than book.

Thanks! This is the first car I've bought private party. Second car period. My first car was a 97 chevy cavalier and I paid almost as much for it as this sweet ride. It was at a dealership and a couple years ago though, so it was newer back then.

This guy kept this car extremely clean. He even uses different floor matts for winter season. The leather looks new. Only thing wrong with it is stone chips and some cracking the whole length of the spoiler. Is that common?
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Old 08-25-2003, 09:25 PM   #4
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KBB can be both private or from a dealer. Make sure it'* setup right. At least they had that option when i was finding how much my car shoulda been.
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Old 08-25-2003, 09:40 PM   #5
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KBB or Edmunds online won't show the value of the oddball options like ELC, Hud, etc. You have to use the actual book to factor those options in. My 93 booked at almost 11k last year when I bought it, but it had been priced from the online KBB. Great benefit for the buyer if the seller doesn't know this.
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