{"id":1923,"date":"2011-06-14T21:29:06","date_gmt":"2011-06-15T03:29:06","guid":{"rendered":"http:\/\/www.mcoupebuyersguide.com\/?p=1923"},"modified":"2011-06-14T21:29:06","modified_gmt":"2011-06-15T03:29:06","slug":"whats-with-kelley-blue-book-part-2","status":"publish","type":"post","link":"https:\/\/archive.mcoupebuyersguide.com\/index.php\/2011\/06\/whats-with-kelley-blue-book-part-2\/","title":{"rendered":"What\u2019s with Kelley Blue Book? &#8211; Part 2"},"content":{"rendered":"<p>Exactly a year ago yesterday, I wrote an <a title=\"What's With Kelley Blue Book?\" href=\"http:\/\/archive.mcoupebuyersguide.com\/index.php\/2010\/06\/whats-with-kbb\/\" target=\"_blank\">article<\/a> detailing how poorly pricing guides value the M Coupe compared to their true market value. Recently, JT, an M Coupe owner from California, used a contact of his at KBB to re-evaluate the true market value of the M Coupe (<a title=\"Kelly Blue Book Values for Z3 M Coupes\" href=\"http:\/\/forums.bimmerforums.com\/forum\/showthread.php?t=1659614\" target=\"_blank\">Bimmerforums thread<\/a>). I thought I&#8217;d re-run all the same cars I used last year, and see what each of the guides now say they are worth.<\/p>\n<div style=\"clear: both;\">\n<figure style=\"width: 250px\" class=\"wp-caption alignleft\"><a href=\"http:\/\/archive.mcoupebuyersguide.com\/listings\/listing.aspx?ListingID=1\"><img loading=\"lazy\" decoding=\"async\" title=\"2002 M Coupe - 7,000 miles\" src=\"http:\/\/www.ceguides.com\/data\/images\/mcoupe\/100_0043_thumb.jpg\" alt=\"2002 M Coupe - 7,000 miles\" width=\"250\" height=\"188\" \/><\/a><figcaption class=\"wp-caption-text\">2002 M Coupe - 7,000 miles<\/figcaption><\/figure>\n<h3>2002 M Coupe<\/h3>\n<p>7,000 miles<br \/>\nCondition: Excellent<br \/>\nPrivate Party<\/p>\n<p><strong>Asking Price: $49,500<\/strong><br \/>\nKelley Blue Book: $26,010, <em>$16,820 (2010)<\/em> <strong>+55%<\/strong><br \/>\nNADA: $22,937, <em>$25,025 (2010)<\/em><br \/>\nEdmunds TMV:$20,693, <em>$22,141 (2010)<\/em><\/p>\n<\/div>\n<div style=\"clear: both;\">\n<figure style=\"width: 250px\" class=\"wp-caption alignleft\"><a href=\"http:\/\/archive.mcoupebuyersguide.com\/listings\/listing.aspx?ListingID=89\"><img loading=\"lazy\" decoding=\"async\" title=\"2000 M Coupe, 13,505 miles\" src=\"http:\/\/www.ceguides.com\/data\/images\/mcoupe\/00ts-01-front-side3_thumb.jpg\" alt=\"2000 M Coupe, 13,505 miles\" width=\"250\" height=\"166\" \/><\/a><figcaption class=\"wp-caption-text\">2000 M Coupe - 13,505 miles<\/figcaption><\/figure>\n<h3>2000 M Coupe<\/h3>\n<p>13,505 Miles<br \/>\nCondition: Excellent<br \/>\nDealer Retail<\/p>\n<p><strong>Asking Price: $23,800<\/strong><br \/>\nKelley Blue Book: $24,220, <em>$16,280 (2010)<\/em> <strong>+49%<\/strong><br \/>\nNADA: $18,687, <em>$20,400 (2010)<\/em><br \/>\nEdmunds TMV: $13,682, <em>$15,186 (2010)<\/em><\/p>\n<\/div>\n<div style=\"clear: both;\">\n<figure style=\"width: 250px\" class=\"wp-caption alignleft\"><a href=\"http:\/\/archive.mcoupebuyersguide.com\/listings\/listing.aspx?ListingID=39\"><img loading=\"lazy\" decoding=\"async\" title=\"2000 M Coupe - 67,142 miles\" src=\"http:\/\/www.ceguides.com\/data\/images\/mcoupe\/00tseb-01-front-side_thumb.jpg\" alt=\"2000 M Coupe - 67,142 miles\" width=\"250\" height=\"187\" \/><\/a><figcaption class=\"wp-caption-text\">2000 M Coupe - 67,142 miles<\/figcaption><\/figure>\n<h3>2000 M Coupe<\/h3>\n<p>67,142 Miles<br \/>\nCondition: Good<br \/>\nPrivate Party<\/p>\n<p><strong>Asking Price: $17,000<\/strong><br \/>\nKelley Blue Book: $16,895, <em>$10,880 (2010)<\/em> <strong>+55%<\/strong><br \/>\nNADA: $17,000, <em>$14,325 (2010)<\/em><br \/>\nEdmunds TMV: $9,986, <em>$11,635 (2010)<\/em><\/p>\n<\/div>\n<div style=\"clear: both;\">\n<figure style=\"width: 250px\" class=\"wp-caption alignleft\"><a href=\"http:\/\/archive.mcoupebuyersguide.com\/listings\/listing.aspx?ListingID=25\"><img loading=\"lazy\" decoding=\"async\" title=\"1999 M Coupe - 56,980 miles\" src=\"http:\/\/www.ceguides.com\/data\/images\/mcoupe\/99asir-01-front-side_thumb.jpg\" alt=\"1999 M Coupe - 56,980 miles\" width=\"250\" height=\"187\" \/><\/a><figcaption class=\"wp-caption-text\">1999 M Coupe - 56,980 miles<\/figcaption><\/figure>\n<h3>1999 M Coupe<\/h3>\n<p>56,980 Miles<br \/>\nCondition: Excellent<br \/>\nPrivate Party<\/p>\n<p><strong>Asking Price: $19,850<\/strong><br \/>\nKelley Blue Book: $17,895, <em>$10,710 (2010)<\/em> <strong>+67%<\/strong><br \/>\nNADA: $16.625,<em> $13,800 (2010)<\/em><br \/>\nEdmunds TMV: $9,655, <em>$10,758 (2010)<\/em><\/p>\n<\/div>\n<div style=\"clear: both;\">\n<figure style=\"width: 250px\" class=\"wp-caption alignleft\"><a href=\"http:\/\/archive.mcoupebuyersguide.com\/listings\/listing.aspx?ListingID=82\"><img loading=\"lazy\" decoding=\"async\" title=\"1999 M Coupe - 118,000 miles\" src=\"http:\/\/www.ceguides.com\/data\/images\/mcoupe\/99as-01-front-side3_thumb.jpg\" alt=\"1999 M Coupe - 118,000 miles\" width=\"250\" height=\"187\" \/><\/a><figcaption class=\"wp-caption-text\">1999 M Coupe - 118,000 miles<\/figcaption><\/figure>\n<h3>1999 M Coupe<\/h3>\n<p>118,000 Miles<br \/>\nCondition: Good<br \/>\nPrivate Party<\/p>\n<p><strong>Asking Price: $15,900<\/strong><br \/>\nKelley Blue Book: $11,495, <em>$6,960 (2010)<\/em> <strong>+65%<\/strong><br \/>\nNADA: $13,550,<em> $10,625 (2010)<\/em><br \/>\nEdmunds TMV: $5,567, <em>$8,020 (2010)<\/em><\/p>\n<\/div>\n<p style=\"clear: both;\">First of all, I need to apologize for everything I&#8217;ve said about Kelley Blue Book not doing any research. When the errors in their values were brought to their attention, they stepped up and made the change. For S52 M Coupes, I say they now have their prices pretty close to spot-on including mileage and condition. KBB values on the my sampled M Coupes rose between 49% and 67%. Bravo! There is definitely still some work to be done on the S54 side however. As you can see from the steel gray coupe above, it gets a little credit for being a couple years newer, but none whatsoever\u00a0 for it&#8217;s more exclusive S54 engine. Currently, similar condition and mileage S54 coupes carry about a $5,000-7,000 premium over an S52. This is not yet reflected in KBB prices, but baby steps&#8230;<\/p>\n<p style=\"clear: both;\">As for NADA and Edmunds, I&#8217;d have to say I&#8217;m pretty disappointed with Edmund&#8217;s &#8220;True Market Value&#8221;. Edmunds has been my personal go-to car resource for quite some time. There were discussions with them about M Coupe values a while back, but it appears nothing has come of them. They&#8217;re the new KBB of the pricing guides. NADA continues to do a decent job with higher prices across the board. Part of that is they don&#8217;t publish a private party price, so the prices I posted are for &#8220;Clean Retail&#8221;. One noticeable change is that the low mileage coupes got far less credit for their mileage than they did last year.<\/p>\n<p style=\"clear: both;\">Overall I&#8217;m encourage by the direction this is going, and hopefully the other guides will follow KBB&#8217;s lead on M Coupe prices. Now to explain to them the difference between an S52 and an S54&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Exactly a year ago yesterday, I wrote an article detailing how poorly pricing guides value the M Coupe compared to their true market value. Recently, JT, an M Coupe owner from California, used a contact of his at KBB to re-evaluate the true market value of the M Coupe. I thought I&#8217;d re-run all the same cars I used last year, and see what each of the guides now say they are worth.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,5],"tags":[],"class_list":["post-1923","post","type-post","status-publish","format-standard","hentry","category-information","category-lookfor"],"_links":{"self":[{"href":"https:\/\/archive.mcoupebuyersguide.com\/index.php\/wp-json\/wp\/v2\/posts\/1923","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive.mcoupebuyersguide.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.mcoupebuyersguide.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.mcoupebuyersguide.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.mcoupebuyersguide.com\/index.php\/wp-json\/wp\/v2\/comments?post=1923"}],"version-history":[{"count":8,"href":"https:\/\/archive.mcoupebuyersguide.com\/index.php\/wp-json\/wp\/v2\/posts\/1923\/revisions"}],"predecessor-version":[{"id":1932,"href":"https:\/\/archive.mcoupebuyersguide.com\/index.php\/wp-json\/wp\/v2\/posts\/1923\/revisions\/1932"}],"wp:attachment":[{"href":"https:\/\/archive.mcoupebuyersguide.com\/index.php\/wp-json\/wp\/v2\/media?parent=1923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.mcoupebuyersguide.com\/index.php\/wp-json\/wp\/v2\/categories?post=1923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.mcoupebuyersguide.com\/index.php\/wp-json\/wp\/v2\/tags?post=1923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}