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Originally Posted by larobj63 Your post is helpfull, but I'm wondering where that number came from. Is that what you are speculating the dealer got the car for? Kelly blue book has this car at almost 23k retail....  |
'Book' refers to KBB wholesale, adjusted for the area market. In short, it's an indicator of what the dealer will pay for the car.
No dealer will pay high wholesale for a unit- it usually closer to low or average wholesale. Ever trade in a car? If you check KBB, you want to get high trade value, right? The dealer will offer you low book, or even below low book- never high.
Don't worry about the 'retail' figures- theyre pretty much irrelevent. Almost all lender base their loans off wholesale figures.
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