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#4297671 - 01/09/17 12:25 PM Re: Questions about Kelly Blue Book [Re: 7055]
javacontour Offline


Registered: 06/26/03
Posts: 9739
Loc: Illinois
Originally Posted By: 7055
Originally Posted By: javacontour


Because everyone thinks they need an SUV...


You're saying full-size sedans in general are dying?


Pretty much.

http://autoweek.com/article/car-news/full-size-sedan-dead

Originally Posted By: Autoweek


Ford has sold 5 times more Explorer crossovers than Taurus sedans in 2015, and Explorer sales were up 30 percent in June.


There are other similar quotes in the article. Many full sized sedans down 20+ percent, 40+ percent, with corresponding SUV sales increases.
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#4297680 - 01/09/17 12:35 PM Re: Questions about Kelly Blue Book [Re: javacontour]
7055 Offline


Registered: 01/10/08
Posts: 349
Loc: KS
Originally Posted By: javacontour
Originally Posted By: 7055
Originally Posted By: javacontour


Because everyone thinks they need an SUV...


You're saying full-size sedans in general are dying?


Pretty much.

http://autoweek.com/article/car-news/full-size-sedan-dead

Originally Posted By: Autoweek


Ford has sold 5 times more Explorer crossovers than Taurus sedans in 2015, and Explorer sales were up 30 percent in June.


There are other similar quotes in the article. Many full sized sedans down 20+ percent, 40+ percent, with corresponding SUV sales increases.



Well that's an interesting read, I do agree with the consumer though that you get more utilitarian use out of a crossover SUV than a full-size sedan. They might even get better mileage too, or at least the same.

However, I also like being able to get full-size sedans for cheap.
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#4297688 - 01/09/17 12:40 PM Re: Questions about Kelly Blue Book [Re: SirTanon]
Astro14 Offline


Registered: 10/10/10
Posts: 7627
Loc: Virginia Beach
Originally Posted By: SirTanon
Originally Posted By: 7055
And why does nobody want a Five Hundred?


The Five Hundred was just a renamed Taurus for about 4 years or so, because the new Ford CEO at the time wanted to revamp the entire naming convention.

People know what a Taurus is, because it's been around for decades. Nobody knows what the heck a Five Hundred is, even though it's essentially the same car. Consequently, it's not as popular.

Personally, I find the Five Hundred to be a very nice car. If you're interested, and they're asking $5,995 for it, then offer $4,800 and make them negotiate back up. I bet you can get into it for around $5,200.


I agree that it's a nice car. Drive my cousin's 500 for a month, last year. Even with 170,00 miles on it, it was tight and a nice ride.

But it's most definitely NOT a Taurus.

It's a Volvo S80 underneath. Common platform when Ford owned Volvo.

It's a good car. For that money, I would recommend it. But I would change all the fluids. If it's AWD, include the Haldex fluid and filter in that change.
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#4297729 - 01/09/17 01:15 PM Re: Questions about Kelly Blue Book [Re: Astro14]
69GTX Offline


Registered: 09/23/15
Posts: 2960
Loc: Connecticut
KBB and NADA are out to lunch on quality, low mileage, 1-2 owner, used cars of more than say 5-6 years old. Yes out to lunch. And as that age increases, the low mileage error really ramps up.

I'd love to have a 2005-2006 "500" with those low miles....though the CVT thing scares me.


I do a lot of reviews on cars more than say 10-15 years old. Looks at the price of V8 Camaro's, Vettes, Firebirds, GTO's back in the 1997-2006 period, they are ridiculously low, mostly because they give almost no mileage premium for a car more than around 8-10 yrs old. They fall off the map. Dealers can buy them cheap based on low guide book values. A nice deal for them. Buy a nice clean 2002 Camaro Z28 with 45K miles for $6K-$7K based on book value. What a joke. Then turn around and flip that car to the first guy through the door at $10,000. It's not that no one wants these cars, it's that insurance companies and dealers would like to have them show very small book values for their benefits.

The same reasoning works for most cars of that era. I expect the KBB "retail" or "trade-in" values for any low mileage nice car to be well below their actual dealer wholesale prices. There are so many errors in KBB pricing it's not funny. For the car's I listed above they offer no difference in pricing between automatics or 6 speed manuals. In reality, the manuals fetch $1,000 to $2,000 more as a rule. It's just wrong to give them the same value as an automatic.

Because of the lowly mileage premiums assigned by KBB and NADA, I always look for "older" cars with very low miles to take advantage of that premium. When dealers are selling they are quite aware of the desirability of such cars....and of course they ask above book, sometimes way above book. If dealers had a preference they'd want all their trade-ins to be 6 yrs old or newer, and less than 40K miles. So I'm not surprised that anything else "is not in high demand" when they are buying. Most used car buyers may be uneasy about buying a 10 year old car. To the right person, they can be incredible values.

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#4297837 - 01/09/17 03:17 PM Re: Questions about Kelly Blue Book [Re: 7055]
7055 Offline


Registered: 01/10/08
Posts: 349
Loc: KS
Well it just sold out from under me, anybody have recommendations on other vehicles that are as low mileage and luxurious as a Five Hundred that I could acquire for such a low price? Something to start searching for
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#4297868 - 01/09/17 03:53 PM Re: Questions about Kelly Blue Book [Re: 7055]
69GTX Offline


Registered: 09/23/15
Posts: 2960
Loc: Connecticut
Originally Posted By: 7055
Well it just sold out from under me, anybody have recommendations on other vehicles that are as low mileage and luxurious as a Five Hundred that I could acquire for such a low price? Something to start searching for


Yup, good deals don't last. And while price guides tend to over-value high mileage cars, it's just the opposite for low miles.

In 8-10 year old cars, you can find some nice values in Caddys, Lincolns, Grand Marquis, etc. But, it seems to me that anything low mileage in a Toyota, Nissan, or other popular foreign based car maker is priced through the roof. Anything Pontiac, Ford, Mercury, Buick, Chevy, Dodge, and Chrysler, etc that's older would be worth looking at if low miles. I remember when I bought my 2002 Lincoln with 22K miles back in 2009 for $9K. When looking at nearly all used car lots, the cars were wrecks and priced nearly the same despite 75K-125K miles. At CarMax I couldn't touch a car like I bought for under $14K. For $10K they had cars with 4X the miles. You may have to beat the weeds or haunt the old folks homes to find something. But it could be worth it.
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#4299058 - 01/10/17 07:34 PM Re: Questions about Kelly Blue Book [Re: 7055]
7055 Offline


Registered: 01/10/08
Posts: 349
Loc: KS
Right now I can get an '08 Taurus Limited fully loaded, FWD with 83k on it for 4750 from a private seller with clean title. The only thing is it was in a front end collision, replaced a headlight, hood and fender. I looked at the car, couldn't find a thing wrong with it, looked pristine. I'm trying to decide if I want to go ahead with it for 4750 or pass because of the collision. I talked him down from 5,400 and left with telling him I'd have to think about it.


Edited by 7055 (01/10/17 07:42 PM)
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