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  1. I recently came upon a 98 STS that was in awesome condition, here are the details STS, black with black leather interior 85,000 miles (typical mileage according to KBB 108,000) Dealer service, all maintenance records One owner, Cadillac nut, belonged to local Cadillac club Garage kept, good paint no dents, interior perfect, back seat never sat in, trunk spotless Head gasket tested and no combustion by-products No codes New tires, battery Owner wanted $5,000. According to KBB in excellent condition it is worth $3,249. Question 1, does KBB set the market for a car like this in excellent condition? Is there a time where you would pay $5,000 or $4,500 for a car like this if it were in excellent condition?, or do you throw KBBs price in the sellers face and say not a penny over $3,249? Question 2, if this car were totally renovated with rebuilt transmission, rebuilt engine with timeserting or Norms inserts, suspension rebuilt, brake lines replaced, basically a mechanically perfect new car with no codes, with high performance mufflers and detailed would you pay more than KBB? Does KBB set the market?, and why should they?