It is a 2003 silverado extended cad in good condition. We checked Kelley blue book and it says $12,400. We realise gas prices will hurt truck sales so we already thought we would have to take less. Would you take 9000 or hold out longer for more maybe?
you cant really count kbb and edmunds, they are more of a guideline, and ususally have inflated values.
according to the black book that dealers use your trucks value tops out at about 8800, extra clean, avg miles.
i can attest that truck values have dropped immensely due to gas prices.
9000 doesnt sound so far off to me.
you have to ask your self what is most practical for you. do you own the truck out right?> if you do waiting around for more money wont really put you in a finacial strain, however if your making payments and need to get out of the payments sell it and be done.
at this point you know youve got 9000.00, i say run with it and sell it.
That is $3,400 off KBB. In my opinion, this person who wants to buy it is taking advantage of you. Don't do exact KBB. But do not take this much off the price of the car. If I were you, i would try to sell it for $11,900; $500 off KBB.