Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Smart Shopper Edmunds Pricing & TMV
114 messages, Last post on Nov 12, 2009 at 10:44 AM
You are in the Smart Shopper Forum. Your Hosts are kirstie_h & tidester
|
Replying to: humanengr (Jan 14, 2007 10:09 pm) tidester, host
|
|
|
Replying to: tidester (Jan 14, 2007 10:19 pm) For one thing, if the limiting value is the scrap metal value of the vehicle, one shouldn't expect it to vary depending on the condition of the vehicle. As an example, a 1990 Accord 4 DR LX sedan (black, no optional equipment, average condition, in my zip code) is valued at $204 (trade-in), $646 (private party), $1390 (dealer retail) no matter whether the mileage is 200,000, 300,000, or 400,000. For the same vehicle in rough condition, the values are $61 (trade-in), $407 (private party), $984 (dealer retail) no matter whether the mileage is 200,000, 300,000, or 400,000. Your bringing up the fact that the values are based on data raises the following: do these values reflect what the vehicle would be worth as a parts car? It seems unlikely there would be detailed data available on that for each type of vehicle. Or is it instead the case that there is insufficient data available to make reasonable appraisals above 200,000 miles?
|
|
|
Replying to: humanengr (Jan 14, 2007 11:18 pm) Also note that even a 10% annual depreciation rate results in a very small amount of depreciation on a $500 vehicle compared to that on a $50,000 vehicle, $50 versus $5,000. In any case, there is a theoretical minimum for the value of a vehicle: $0!  tidester, host |
|
|
Replying to: humanengr (Jan 14, 2007 10:09 pm) |
|
|
When checking pricing on NEW vehicles, the TMV is ALWAYS higher for Hondas and Toyotas than the dealers will sell either and ALWAYS lower than the dealers can sell a DaimlerChrysler. However, Edmunds TMV for my used 2006 Sienna LE (less than 3,000 miles at the time) is NOW $ 183 HIGHER than a Toyota dealership quoted me in writing on May 1, 2006 even though the vehicle now has 9,200 miles on the odometer. |
|
|
Replying to: hansienna (Jan 15, 2007 5:33 am) Edmund's TMV for the NEW Ocean Mist Metallic Odyssey EX (cloth) is now $ 28,886. That my friends, is a HUGE difference of $ 2,108. I purchased my 2006 Sienna NEW (7 miles on odometer) a year ago for much less than Edmund's TMV.
|
|
|
|
|
Replying to: hansienna (Jan 15, 2007 5:43 am)
|
|
|
|
|
Replying to: hansienna (Jan 15, 2007 5:43 am) |
|
|
Replying to: shoparound (Jan 15, 2007 6:00 am) |
|
|
|
| I am finding a huge difference ($2000 to $3000, 10 to 15%) in TMV pricing and what dealers (and even private sellers) seem to be willing to take for 01 to 03 F250 Diesel 7.3L crew 4x4. Over the past several years I have purchased several used vehicles (so I am familiar with adjusting for mileage, condition, options, etc) and have found the Edmunds TMV to be on the money, you had to work for the price, but you got it! Has something changed in the F250 market or in Edmunds TMV calculations or do I just need to keep trying? The one item that jumps out is the average mileage, the diesel's all seem to have much higher mileage than the gas models. Could this be the problem? | |
You are here:
Forums
Smart Shopper Edmunds Pricing & TMV
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
Browse by Board
Browse by Topic
Today's Chats
