Hello all,
This is a general question, but since I am buying a Lexus very soon, I thought I'd ask the question in this forum.
When do the KBB values change for a given model year ? I am considering a 1999 GS400, so I want to make sure I don't overpay right now. I don't mind waiting for a couple of months, if the KBB values will change over the course of this month.
Any thoughts or answers ?
Cheers !
IMHO, Kelly Blue Book values are stacked in favor of the dealers and should not be used to compute the value of any car. I work in the Legal profession and they use NADA.
NADA and KBB values change based on market conditions, not model year. Used vehicle prices obviously tend to decline with age and will tend to creep downward with each issue.
A 10 year old isn't likely to depreciate much (further) in just a few months.
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