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Kelley Blue Book - The Antichrist of The Used Car Market


I know, this is just my second post, and instead of being happy and celebrating the many positive sides of the automotive industry, I'm going to start talking about something that has been bothering me for quite a while now. Ever heard of the site Kelley Blue Book? Well it's a f**king awful thing, and it has absolutely ruined the used car market. What has happened to the time when people could buy proper used cars, with low miles, for $1-2,000? Now, with the existence of KBB, people are selling their cars for an extremely high price, just because a stupid website spits out random numbers based off of some algorithms. In addition, these prices are mainly intended for insurance companies, so that in case of an incident, the insurance can know what the damaged cars were worth. Sadly, though, anyone, no matter how small his car knowledge is, can try selling his exhausted and worn out car for an absurdly high price, just because KBB produced some number based on a couple of vague details produced by the owner. Negotiating has become impossible, because people stubbornly stand by what KBB has "told" them. What happened to the days when people sold their cars based solely off of what they thought the car was worth, and, more importantly, how much it was worth to them?  KBB is a product of the devil, and it has ruined the used car market, and, most disappointingly, it has bastardized the used car search and buying experience. 

Comments

  1. UnknownJuly 4, 2012 at 8:13 AM

    I completely agree. I recentely was in the car buying market and ran into this problem constantly. Everyone would overprice there cars and would refuse to listen to reason.

    ReplyDelete
    Replies
    1. C4RworldJuly 4, 2012 at 9:13 AM

      This comment has been removed by the author.

      Delete
    2. C4RworldJuly 4, 2012 at 9:16 AM

      First of all, thank you for the first comment ever! Now, back to KBB. Now that I am currently out of the used car market, it has become rather amusing, though, seeing just how high some people will price their 10+ year-old car which has over 140k miles on it. And if it's German or Japanese? Forget about it.

      Delete
  2. UnknownJuly 6, 2012 at 1:23 PM

    I would see Acura RSX base models with over 120K for over 8 grand. I was mildly interested in them and just said forget it.

    ReplyDelete
    Replies
    1. C4RworldJuly 6, 2012 at 2:52 PM

      My advice to everyone, if you have a limited budget, forget about cars with sporting credentials

      Delete

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