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Originally Posted by BGM
For some reason there is a big variance between what Edmunds says and KBB. The trade on my X5 on Edmunds (which I've never looked at until now) shows $15K and KBB says $12K. And NADA is showing $16.5K. The dealer is probably using the KBB value when they are quoting you and that's why you are thinking they are low-balling you. I'm sure most dealers go by KBB. Again, I don't know why there is a big variance between them.
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I re-did the trade evaluation today and I think you are right:
- KBB 19,800
- Edmunds 20,950 (went down 1000 IN less than past three weeks)
- NADA 25,000
Seems like the dealer was not far off when they quoted me 19,000 if they were using KBB.