Thursday, January 19, 2012

How much is this car worth according to the bank?

I am looking to get a new car, I need to figure out how much the bank will value the car at. I'm looking at this specific car: http://norfolk.craigslist.org/cto/1271849667.html

Other than KBB is there a site the bank uses to figure it out?How much is this car worth according to the bank?
Some banks use NADA which lists a loan value.



And Black book, in which case that loan value is 90% of clean wholesale.



But, FAR more important than any book is your credit.

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