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Unread 07-08-2012, 09:55 AM   #1
Cor66Vette
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Default How do you determine loan value of a used car?

I know about KBB and NADA which give the book value of a car. Is that the same value or amount a bank uses when it lends the funds?
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Unread 08-05-2012, 04:07 PM   #2
Han Solo
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Probably depends on the bank.

FSU credit union will loan NADA retail.
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Unread 08-05-2012, 07:10 PM   #3
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I have my car loans through USAA and they use what they call black book. I got about 40% more than I thought I would compared to NADA.
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