location as component of value of a used vehicle

Hello,

I understand location of a used vehicle affects how much a used vehicle is worth as well condition, milage, age, etc.

Generally speaking, how do prices vary in different parts of the country for pre-owned vehicles?

How does it vary by specific vehicle?

Thank you for your consideration,

Brian Serowik snipped-for-privacy@thefreesite.com

Posted Via Usenet.com Premium Usenet Newsgroup Services

---------------------------------------------------------- ** SPEED ** RETENTION ** COMPLETION ** ANONYMITY **

----------------------------------------------------------

formatting link

Reply to
bkgs
Loading thread data ...

worth as well condition, milage, age, etc.

pre-owned vehicles?

Well, to give you an idea, several years back (well, 2 decades, mabee) a Fiat was almost worthless in Kitchener Ontario, yet was in fairly high demand only 60 miles away in Toronto. Toronto had a good service dealer. Kitchener did not.

Stratford, about 30 miles or so the other way, had a reasonable service dealer, and they had a reasonable value. Guelph, half way between Kitchener and Toronto had a large Italian population (as does Toronto) and they sold pretty good their too, even though their dealer was a crook.

A Citroen or Renaul was a hard sell in Ontario - so was a Peugot. They sold quite well in Quebec.

Up untill a year or so ago, a used Ford Escort (basically a rebadged Mazda 323) sold for about half what a mazda sold for here in Kitchener. Now they fetch as much, or even more. In Toronto you can still pick up an Escort for a pretty reasonable price. Part of the reason MAY be that both the local Ford and MAzda dealer are owned and operated by the same concern??? (in Waterloo - not Kitchener ) Kitchener and Waterloo are "twin cities" - can't tell them apart.

So, service availability, dealer reputation, and ethnic makeup of the area all affect used car prices on a location to location basis.

Also, used cars in a "depressed" area generally sell for significantly less than in a "booming" area, because there is a higher demand. In a rural area, you may find the big cars go for a premium, and small cars are a hard sell, because people want a larger, more comfortable car for long distance driving on sub-optimal roads.

Lots of influences - not always easy to figure out.

Reply to
clare at snyder.on.ca

Try going to kbb.com (kelly blue book). Select a few cars. Then change zip codes. that will get you your answer.

Jeff

Reply to
Jeff

do a search for your vehicle on autotrader on line, use different zipcodes. I got the local insurance company to bump the price of a totaled dodge truck by $1000.00 because the nearest comparable vehicle in the price they suggested as "book" value was over 1000 miles away, while locally with 250 miles the prices were much higher

Reply to
walt peifer

the KBB value on my windstar dropped $1000 when I moved from MS to OH.

Reply to
petebert

That's because you moved from a rust belt to a rustier belt.

Reply to
DeserTBoB

MotorsForum website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.