Posts: 726
Location: Eau Claire, WI | Thanks to all of you for the insights.
ESfishOX, I think the book you are referring to is ABOS. It's a dealer only professional publication not publicly available from what I understand. I think it's based on a wholesale price and what they use to calculate trade in. I'd love to get my hands on one of these books. My bank uses NADA so if I wanted to finance something then it's gotta be pretty close to the book or its a "bad" loan for the bank to make.
Just another tough angle like Guest talks about. New prices high raises the level for all so you'd better have some decent bucks to pony up if you plan to finance a used rig to make up the difference between book and reality.
This is interesting stuff. I keep learning more as I go looking for my next ride.
Jono
|
