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private party asking prices vs. Edmunds, KBB... 850

posted by  66Satellite on  Mon Dec 15 05:53 CST 2003
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last visit: Mon May 5 11:00 CST 2008
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Is it me or do the asking prices on private party cars seem a lot higher than their Edmunds or KBB values? I realize Edmunds tends to be a tad lower than KBB. Any experience with this? I realize these cars were quite expensive when new, but are their owners in denial about how much they depreciate? Do most sellers build in a large cushion to negotiate?






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