Its interesting about kbb values. sometimes they are low, sometimes they are high. I don't think i could hazard a guess as to what your car specifically is worth without seeing it in person and even then, - as the cliche goes, "its worth what someone will pay" but i mention these things.
It seems like (since i bought my ti in August) there are a lot of ti's listed in the classifieds that have 200k+ miles on them - and some of them tend to sit for a while. While many of the people on this board know that these engines certainly can go to as high as 300k or more, that number cannot be overlooked. Almost any motor meticulously maintained and babied can last a long, long time, but without receipts of all maintenance for 15+years and the owner being a little old lady. there is little or no guarantee of that except a "sellers word" - which, to a buyer should mean little.
Also, a number of these cars provide a laundry list of "mods" from suspension, engine, stereo, aesthetic etc. While in some cases, modifications can increase value for a car to a percentage of those mods, but IMHO, the type of person who has stiffened, or lowered the car, or tracked/autox'ed it, etc..is probably also the same person who has thrashed the car pretty hard. So in some cases, i think those mods can actually take away from the value. Of course that also depends on who the expected buyer for the car is. When i was shopping for my car i was looking for a stock or at most lightly modded car with as few miles as possible. I wound up with a 2 owner car with 165k miles which is still more than i would have liked, and it wasn't strictly about $, but (at the beginning of summer) i couldn't find a lot of cars with less - or that weren't 5k - despite blue books of closer to 3-4k. I think kbb on what i was buying was about low-mid2K's with its laundry list of issues and i paid $2900 because after a few months search i didn't want to wait any longer. (That and the ones with near 100k for 2-3K were always sold by the time i emailed or called). That said, another CL ad i had a few emails with was a car with 297k miles and the owner wanted 3k for it. I thought, well if the body/interior was perfect, maybe, but no, it had quarter rust, headliner and some clear coat peel, abs light if i remember correctly. But he insisted that he wouldn't take any less, in part because he had recent receipts for almost 3k of maintenance/repairs, etc. And thus thought he was "giving" the car away at that price. Really? The fact that he must have delayed maintenance/repairs such that it needed 3k worth of repairs? I think he finally decided to keep it since, i assume, no one was remotely interested.
Ebay is also a really good determiner of what these cars are worth. For there is wide wide market visibility. For example:
http://cgi.ebay.com/ebaymotors/ti-/2...#ht_500wt_1182 This car was listed on CL back when i was looking 4-5 months ago. It was listed for 6K+-. I emailed the owner within a few days of the ad being posted and said i was interested in the car, but kbb for it (according to its listed condition/options) was a little below 4k. I said that for me to make a 2+ hr drive i'd have to know he was pretty flexible with his asking price (maybe $4500?) and i referenced kbb but he balked saying kbb means nothing - "for these cars". (as i also have owned a few ducati's, i am used to hearing that)
Anyway, within a few days/weeks the asking price on CL changed to about $5200?. It then disappeared off CL altogether. Funny to see it now on ebay. I think it may still go up a bit beyond where it sits, but after 4-5 months of trying to sell at inflated value, it may not even reach what i tentatively offered him when he first listed it. (And lets not get into high reserves or shil bidding) But that's where i really think ebay can help provide "real" accurate pricing info or perhaps even more, dictates the market.
I don't mean to mess with your thread, but you did ask. Perhaps i am a bit weary of looking at the same ti's on the for sale board that people dramatically overvalue because there is emotional attachment or lots of $ invested in. None of that actually means that a car has more value
Anyway, getting back to your car - sounds like its mostly stock and mechanically 100%, which perhaps make it a bit unlike some of the examples i have mentioned above. If i was in the market still, the asking price isn't so far out of line to have caused me not to respond. Especially if you are in a decent market/big city and its a place that doesn't have a seasonal dip during the winter in non-utility cars. The only drawback i see is a salvage title. While the car still could be 100%, in some states insurance could be higher or other issues related to, including future resale which may devalue the car slightly. Good luck with sale.
What is my 318ti worth? 
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