Archive for August 12, 2011

Electric Vechicles are coming

Once again the tides of economics have shifted. The electric car is coming, charging stations and infrastructure are being built, and people are rejoicing in the knowledge that they are doing something good for the environment. Finally that old gas klunker sitting in the driveway can be sold. The question is. Is taking that old vehicle to the dealer ship going to get the exact amount of money it should. According to autos.com It is very unlikely that a dealer will ever offer the full Kelley Blue Book trade in value price. Kelley Blue Book prices tend to be a bit overinflated and a dealer needs to be able to make money on the vehicle when they resell it. The majority of trade-ins will come in well below Kelley Blue Book value.

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