How reliable are NADA figures?
For used and new? Should we expect to pay the "low retail" on NADA or can we get it for less?
Forum Discussion
I may be simplistic, but what the seller is asking is irrelevant. What's relevant, and where I start my negotiation, is what the unit is worth to ME. I am under no obligation to make my offer close to his asking. All he can do is say "no". Then you walk away. The asking on a rig we recently bought was over 16K. Our first, and final offer was 10K. They countered, and re-countered, but we walked away with the 5er for 10K. That was what it was worth to US. Didn't matter what they were asking. Of course I am talking used here. New may be a whole different game.
