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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
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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 |
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Replying to: humanengr (Jan 14, 2007 10:09 pm) |
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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. |
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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.
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Replying to: hansienna (Jan 15, 2007 5:43 am)
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Replying to: hansienna (Jan 15, 2007 5:43 am) |
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Replying to: shoparound (Jan 15, 2007 6:00 am) |
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| 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? | |
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Today I ran a car I had seen in an ad through Edmunds, KBB and NADA just to see how close I came to the asking price. Here's my results. Asking price: $13995. TMV: $11000 KBB: $14000 NADA: $13000. Quite a spread. No wonder dealers are using KBB to set their retail price these days. Of course in my area we often see prices of KBB plus 2K. |
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I have been tracking a couple of cars on Edmunds TMV mainly to see how the rebates increase during the year. Usually as time passes the rebates increase and the "National Base Price" slowly declines. Yesterday I checked one of my cars and found that the "National Base Price" had gone up about $450 since the beginning of the month. This leads me to ask two questions: 1.) What would make the National Base Price go HIGHER later in the season? 2.) Why would this price figure go up at the end of the month when we are told all the really fantastic deals are to be had? The cars I'm tracking are mid-priced sport coupes, not rag tops or exotic sports cars.
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Smart Shopper Edmunds Pricing & TMV
