Hi Everyone,

I'm new to this forum and I'm in negotiation for a 1990 Cadillac Sedan DeVille with 130,000 miles on it. Excellent/Mint condition with the 4.5 V-8. I've checked out this car in person and it is truly beautiful, almost new. I've checked the KBB and Edmunds value of the car and all fall within the $1,400 - $2,400 range. My max offer has been $2500...The seller's low was $4500. I realize the resale value/true market value/suggested retail value falls way below what the car "should" be worth. Does this mean I should pay 2K over the actual value of the car or is the seller being unrealistic?

Thanks,
Chris

 

Lemme guess...I'm not following this forums protocol??

 

Hi,
Any used car is worth what you are willing to pay for it. The books give you what the current market says its worth. Its up to you to spend twice what the market says. Just remember its 20 years old with miles.
And you would have a hard time getting your money back out of it. I'd look for another deal.

rcad

 

Thanks! I was able to acquire the vehicle for $2800. I couldnt see paying $4500 even though I really wanted it. This car is amazing!

1990 Sedan DeVille White Clearcoat Monotone w Medium Antelope Cloth.

 

Here are some pictures.

 

kbb and Edmund's tend to be realistic .. good you held your position. often owners wrongfully think their car is 'special' and worth more.

10 years old, i hope you did a compression test and assured that the head gaskets are ok.



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