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re: Shocked at how much 2001 4Runner is valued

Posted on 10/10/12 at 2:33 pm to
Posted by tirebiter
7K R&G chile land aka SF
Member since Oct 2006
9285 posts
Posted on 10/10/12 at 2:33 pm to
Compare that to my neighbor across the street that hit a deer last Friday. Damage estimate $6,700, he said the book value for 2007 Explorer Limited with 105k mileage is only slightly above the repair costs. Needless to say, he isn't having much fun with the insurance company. Then again, if he had been driving a car the deer might have blown through the windshield instead.
Posted by basiletiger
lafayette, la.
Member since Aug 2007
2141 posts
Posted on 10/10/12 at 3:36 pm to
You have a $6,000 vehicle on your hands at best. Kellybluebook, NADA, Edmund's, true-market value are all just a "guide". KBB says that new vehicles are worth MSRP however you don't see a single dealership in the United States of America selling vehicles at MSRP.
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