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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Tommaso who wrote (13630)9/12/2003 3:04:43 PM
From: Skeeter BugRead Replies (2) of 306849
 
tom, as i'm getting in the used car biz as we speak, i feel comfortable saying that $15k for a 2002 le camry with 10k miles is effectively auto dealer wholesale or less.

is that a private party sale? dealer sale? what part of the country are you in? are you sure it wasn't an insurance writeoff that was repaired? caveat emptor.

here's kbb pricing on a new 2003...

kbb.com

kbb has dealer invoice is $18.3k

edmunds.com*

edmunds has dealer invoice at $17.8k

are they really selling new camrys below invoice, $5k below msrp?
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