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Subject:Kelly Blue Book
From:Bob Berkemer
Date:Fri, 9 Mar 2001 05:44:18 -0500

I still see the Kelly Blue Book values being used from time to time on
the list. Have any of you actually had banks use Kelly to "value" a
vanagon for loan purposes or have a insurance company use Kelly for
estimating value for replacement?

I'm in the midwest and I've not found any insurance companies that use
anything but NADA values and I've only found one bank loan officer who
has even heard of Kelly Blue Book. Everyone I've found uses NADA which
are way lower for estimates on Vanagons than Kelly. Tried to buy a mint
87 westy syncro last fall for $17,500 and the banks (all of em in my
town) appraised its value at around $5,500. Of course that means you
have to come up with a lot of cash......

Any thoughts out there??

Bob
84 beautiful westy valued at $3,000!

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