GeorgeG said:Hi All,
I tried to appraise this car using Edmunds book value (much more accurate and realistic than Kelly Blue Book) and came up with the below. Basically, the "private party" book value assuming the car is in outstanding condition and adjusted for miles is $24,083 (i.e., it needs nothing). I am not sure if the car has chrome rims, but I assumed it did.
Here's the link in case anyone wants to run the numbers from their zip code:
http://www.edmunds.com/used/2004/ford/mustangsvtcobra/100340197/options.html?tmvaction=vdpresult
2004 Ford Mustang SVT Cobra 2dr Coupe (4.6L 8cyl S/C 6M)
Trade-In Private Party Dealer Retail
National Base Price $19,794 $21,831 $23,497
Optional Equipment $256 $288 $350
17 Inch Wheels - Chrome $256 $288 $350
Color Adjustment
Orange $0 $0 $0
Regional Adjustment
for Zip Code 19801 $40 $44 $47
Mileage Adjustment
15,000 miles $1,030 $1,030 $1,030
Condition Adjustment
Outstanding $849 $890 $981
Total $21,969 $24,083 $25,905
I personally think the car is worth more than this, but my thought is more gut rather than based on data, which is what Edmunds uses.
I would personally pay closer to $25,000-$25,500 like the other offers, but then again it's whatever floats your boat. :rolling:
KBB and everybody also says that a 93 cobra is worth about 3-4K, but we all know different.
TTT for a good deal, on a bueatiful car.