So recently I've decided that I wanted to sell my 08 g35s sedan. It's 5 speed auto fully loaded with 67k miles on it. KBB valued it to be around $15.5-16k, but I've seen people with similar cars selling for $17-18k and won't negotiate on pricing. So I guess the question is that is KBB's pricing accurate enough?

 

KBB should give you 3 values....trade in, private party and retail. Your price seems pretty high, my guess is you are looking at retail or what someone would expect to pay at a dealership.

I use kbb and nada guides when looking to trade in any car that I've traded in. Most dealerships try to give you way less than KBB trade in value, if they do, walk out the door and go somewhere else.

At the end of the day if others in your area are selling a similar vehicle at a higher price and they actually sell it then yours may be worth more than KBB suggests. If not, then it isn't.

 

its really who you sell it to and what the market in your area is like. if there are a lot of g35s then the price will be lower etc.

 

Take the Good KBB private party value and then subtract 20%. That is realistically ballpark, but really it depends on market.

But to really get a good feel, find a friend with access to the manheim index. Only people with a dealers license can access it. But they are able to see the private dealer auction sales history for any car. They can tell you a nearly exact value dealers are willing to pay for your car. That would be your bare bottom value.

Another good reality check is ebay. Similar to manheim, you can search completed car sales and see in general what people are willing to pay for similar cars. It looks like for a 2008 G35S, they are selling for 10-12k on average. With your car in good condition and lower than average miles, you should shoot for ~13k.

Sold - $10,650.00
http://www.ebay.com/itm/Infiniti-G35...m=251958503860
Sold - $11,854.00
http://www.ebay.com/itm/Infiniti-G35...m=221753359803
Sold - $7,800
http://www.ebay.com/itm/Infiniti-G35...m=221769878974

 

Best way to use kbb is for a frisbee. Their formula doesn't include the most basic of evaluation areas. They don't even account for accidents or owners. It's pretty much whatever they feel like that day. One second it could be worth 15k, the next day it's 12k. In 2 years that 16k will be 6k. That's what happened to me. Use the auctions to see what the average is, and if your car is above average in condition, owners and mileage, well there you go - price accordingly.if you don't have access to the dealers information and need something on the fly, NADA is the best choice. At least banks use NADA to determine what they will loan on a car, and insurance companies use it to determine loss value.