Why does the blue book and bank loan prices differ on car loans?
Julia B asked: I’m researching a used car. Kelly Blue Book and NADA guides state the value of the car at between $5500 and $6300. I’ve haggled the sale price down to $4800. However, the bank Ive spoken with about the loan says they can only loan $3500 on the car. Why is [...]
December 23, 2008
• Tags: Bank Loan, Car Loans, Kelly Book, Nada Guides, Nada Value • Posted in: Credit • 3 Comments
