How do you book Market Value on a vehicle?

5

Asked by Jul 24, 2017 at 04:52 PM

Question type: Shopping & Pricing

I have noticed on multiple occasions that the market value of the vehicles I
have advertised are being displayed well below book. This vehicle is just an
example. 2004 F-150 Lariat Supercrew yes there is nearly 200k worth of
miles but NADA which is exclusively used by our lenders (our market) to
determine loan amounts. reads $12,175. KBB reads  $10,143.
On what market are you getting $9,000?
the market from california on a 2 wheel drive pickup is different than the
market on the exact vehicle in Idaho. What market are you using?

No Answers Yet

Your Answer:

Shortcuts

Shopping & Pricing Experts

  • #1
    F_O_R
    Reputation
    11,810
  • #2
    COMETGUY61
    Reputation
    6,410
  • #3
    Bob Beaman
    Reputation
    6,150
View All

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use.