GT-500 Kelly Blue Book Says Worth More Than New Sticker
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Join Date: November 27, 2004
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GT-500 Kelly Blue Book Says Worth More Than New Sticker
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Condition Value Excellent
$66,740
Suggested Retail Value Assumes Excellent Condition... More
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Blue Book Suggested Retail Value
The Kelley Blue Book Suggested Retail Value is representative of dealers' asking prices and is the starting point for negotiation between a consumer and a dealer. This Suggested Retail Value assumes that the vehicle has been fully reconditioned and has a clean title history. This value also takes into account the dealers' profit, costs for advertising, sales commissions and other costs of doing business. The final sale price will likely be less depending on the vehicle's actual condition, popularity, type of warranty offered and local market conditions.
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Excellent
$66,740
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"Excellent" condition means that the vehicle looks new, is in excellent mechanical condition and needs no reconditioning. This vehicle has never had any paint or body work and is free of rust. The vehicle has a clean title history and will pass a smog and safety inspection. The engine compartment is clean, with no fluid leaks and is free of any wear or visible defects. The vehicle also has complete and verifiable service records. Less than 5% of all used vehicles fall into this category.
* California 6/29/2007
Blue Book Retail Value Assumes Excellent Condition
This value assumes the vehicle has received the cosmetic and/or mechanical reconditioning needed to qualify it as 'Excellent'. This is not a transaction value; it is representative of a dealer?s asking price and the starting point for negotiation.
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© 2007 Kelley Blue Book Co., Inc. All rights reserved. Jul-Aug 2007 Edition. The specific information required to determine the value for this particular vehicle was supplied by the person generating this report. Vehicle valuations are opinions and may vary from vehicle to vehicle. Actual valuations will vary based upon market conditions, specifications, vehicle condition or other particular circumstances pertinent to this particular vehicle or the transaction or the parties to the transaction. This report is intended for the individual use of the person generating this report only and shall not be sold or transmitted to another party. Kelley Blue Book assumes no responsibility for errors or omissions. (v.07071)
How About this! Go to Kelly Blue Book and Check Out the Values
Of a USED GT-500. It is Worth More Than Sticker. Not Many Cars Appreciate off the Car Lot!
KC
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Originally Posted by 05stangkc
Condition Value Excellent
$66,740
$66,740
I gather this indicates Ford dealers sense the party is coming to an end.
#4
The real answer to your statement is, the Kelly blue book or any other for that matter is to determine the value of a vehicle. The fact that as you say so many people were paying admins means the people buying these cars think they are worth spending some number more than sticker. If you took all the GT500 sold and found the average selling price was 55K then the value would be based on that not the suggested retail. No different than when Taurus's were heavy in rebates and the market was flooded with off lease and rental Taurus's. A two year old Taurus had low numbers. They were everywhere and could be had for about 8K. So the value works both ways. Your statement that everyone is buying over invoice tells you they are worth over invoice or they would not be selling for that number.
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