NADA website posted values vs actual - NCRS Discussion Boards

NADA website posted values vs actual

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  • Dan D.
    Very Frequent User
    • September 5, 2013
    • 181

    NADA website posted values vs actual

    I would be interested in some other opinions. Looking at the posted values on the NADA site...applying the descriptions of "low value," "average value," and "high value"...and looking at vehicles I am familiar with...I feel the values are overstated. I would like to hear some other opinions.
  • Jim D.
    Extremely Frequent Poster
    • June 30, 1985
    • 2882

    #2
    Re: NADA website posted values vs actual

    I've never seen a price guide where the values weren't overstated.

    Comment

    • Harry S.
      Extremely Frequent Poster
      • July 31, 2002
      • 5258

      #3
      Re: NADA website posted values vs actual

      There is a phone app called Corvette DNA. I think it's free. Download it and price your car.


      Comment

      • Russ S.
        Extremely Frequent Poster
        • April 30, 1982
        • 2161

        #4
        Re: NADA website posted values vs actual

        Kelly Blue Book. I feel always under stated. KBB is always way below NADA from the day it came out./
        Originally posted by Jim Durham (8797)
        I've never seen a price guide where the values weren't overstated.

        Comment

        • Jim D.
          Extremely Frequent Poster
          • June 30, 1985
          • 2882

          #5
          Re: NADA website posted values vs actual

          Originally posted by Russ Steinhaus (5540)
          Kelly Blue Book. I feel always under stated. KBB is always way below NADA from the day it came out./
          My reply was directed at NADA "classic car" values, not your "run of the mill daily drivers".
          I have three vehicles that I would sell tomorrow for 30% less than NADA "Classic Car" values. Bring cash.

          Comment

          • Paul J.
            Expired
            • September 9, 2008
            • 2091

            #6
            Re: NADA website posted values vs actual

            I used to print out either the KBB or NADA report and stick it to the window of the cars I was selling. I would pick the highest one. KBB used to be consistently high, but they went through some changes several years ago.

            A better determination of "Market Value" can be found on Craig's List or other local sales oriented websites. For number 2 classic cars, you have to look at a lot of websites, and small local auctions are also good. I never use KBB or NADA for these.

            Paul

            Comment

            • Sean S.
              Frequent User
              • November 1, 1993
              • 86

              #7
              Re: NADA website posted values vs actual

              Harry--
              Went to to App Store and downloaded Corvette DNA. Yes, Free.
              Very cool app and fun to play with.
              Price ratchets with condition and options.
              Nice job with facts and colors for each model year found in the upper right corner.
              Well thought out. Enjoying it.
              Thanks for the tip.
              Sean

              Comment

              • Al R.
                Very Frequent User
                • June 30, 1988
                • 687

                #8
                Re: NADA website posted values vs actual

                You guys should move to Johnston County N.C. and see the values the Tax Collector places on "collector cars" if you want high values. They won't even tell you where they got the values. It's up to you to get 3 appraisals and present to them, and then, they will decide if they want to consider lowering the value after evaluating the vehicle at their meeting. Just thought I'd throw this in, since we're talking high values.

                Comment

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