2003 Volkswagen Jetta GL: So according to KBB.com the Good Trade-in Value is $1700 and Fair is $1125 so maybe I am around $1500. Now private party says $3225 and Fair is $2525, let’s keep being reasonable and say $2875 as the private party we won’t use retail because this car is not in excellent condition.
How about Edmunds? A little different process here comes up with $2734 as a trade in $3752 as a private party, same thing here retail seems a bit high.
So KBB average with my adjustments is $2187.50 and Edmunds is $3243 that is about a $1000 difference.
Well, most people see their family doctor once a year for a checkup. Most people do their taxes each year and have a review with their accountant. If you have health insurance you probably review that at open enrollment each year. As part of a sound financial plan, all of your insurances should be reviewed each year. Why? Are your discounts and coverage adequate? Could you do better? Is your personal information up to date?
I believe in accountability. I also know that there are a lot of pretty simple ideas and concepts that if followed can really impact your rates, your coverage and maybe your impression of insurance. Hey if you have to pay for it it might as well be what you want.
5/11/2015 Not much has changed since the original posting date. Still, believe and think exactly as written above. The difference is that the industry has shifted and I now have more ways to help improve your coverage and impression of insurance.