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How do they determine "book value" for the rust recall?

Discussion in '1st Gen. Tacomas (1995-2004)' started by mbtech208, Jul 3, 2009.

  1. Jul 3, 2009 at 7:18 PM
    #1
    mbtech208

    mbtech208 [OP] Well-Known Member

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    I know it's Kelley Blue Book, and excellent condition. But is it private party, trade-in, or retail value? And if you look up the value on KBB's website, it makes you enter the mileage to see a value, but I thought the mileage doesn't matter for the recall? If you look at the actual hard-copy Blue Book, it lists a value based on average miles for the year, is this what they go on?
     
  2. Jul 3, 2009 at 8:03 PM
    #2
    pittim

    pittim mittip

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    1.5x KBB excellent retail value.

    not sure what they do about the mileage.
     
  3. Jul 3, 2009 at 9:51 PM
    #3
    STLharry

    STLharry Lube: It's the key to penetration.

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    i think mileage is factored into kbb...
     
  4. Jul 3, 2009 at 9:53 PM
    #4
    JimBeam

    JimBeam BECAUSE INTERNETS!! Moderator

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    i think mileage does matter in determining what the truck is worth...but the condition should be listed as excellent...regardless of condition
     
  5. Jul 4, 2009 at 8:49 AM
    #5
    Janster

    Janster Old & Forgetful

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    A lot of places use the NADA values also

    http://www.nada.com/

    You know, that little orange/brown book you can get at the bookstore.

    The values might also be determined by their insurance/s
     
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