ANSWERS: 1
  • <h4 class="dechead">On One Hand: Used Car Guides Give Typical Prices

    Most individuals and dealers use the Kelley Blue Book guide to give a rough estimate of how much a car will be worth depending on the make, model, year, condition and seller. Most dealers will loosely follow these guidelines when selling their inventory, as will most experienced individual sellers.

    On the Other: Used Car Prices Will Vary

    Prices for identical used cars can vary significantly based on a number of factors. Location is often the largest of these factors. For example, a used subcompact car will cost much more in California than in areas of Colorado, where the cold temperatures, steep roads and elevation make them less practical.

    Bottom Line

    To get a rough idea of how much you should spend on a certain model used car, check a reliable guide like Kelley Blue Book, but don't depend solely on that resource. Check classified ads of comparable cars in your area to get the most up-to-date and accurate estimate of how much you should pay for the used car you need.

    Source:

    KBB: Used Car Prices

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