Posted 11/2/2016 3:21 PM (#91322 - in reply to #91317) Subject: RE: NADA values
Posts: 1732 Location: Minneapolis, Minnesota
I have never understood how those values are set. It seems that they depreciate sidecars the same way they do cars. Since sidecar models don't change very often and there are very few "wear parts" on a sidecar, that model doesn't hold up. In fact, sidecars seem to resell well over the NADA and KBB values.
Posted 11/2/2016 4:44 PM (#91325 - in reply to #91322) Subject: RE: NADA values
Posts: 111 Location: Fort Smith, Arkansas
Thanks again Al. I was uncertain as other than asking price that's the only source I have available. I guess if boils down to individual desire for a particular car. With my lack of experience I just don't want to pay too much over reasonable and the price differentials were a concern.
Posted 11/3/2016 10:59 AM (#91334 - in reply to #91317) Subject: Re: NADA values
Every year we fill out paper work for Kelly blue book as to the price on our new sidecars. As sidecars do not have titles there is no way they can track what they actually sell for as such they must be just depreciating them by a certain percentage each year. If you could buy sidecars for what they say they are worth used it could really put a dent in new sidecar production. Thier prices simply are not in line with reality unfortunately their prices are what banks go by for financing and what insurance companies go by for pay off after a lose.