Use the tabs on the sides of the pages to locate the beginning of each section. Kelley blue book kbb is an automotive shopping site. Their pricing and value data includes statistical analysis that allows for current and timesensitive changes in historical valuation to be easily understood resulting in reliable predictors of values and potential risks. At one time the blue book value was a used car insiders term like cream puff or cherry, but today the phrase is, uh, all over the lot. Get used car values with edmunds car value appraisal tool. Get used car values from black book with our car pricing guide and compare black book to kbb and nadaguides, two other popular valuation sources. When buying a used car, its usually hard to know what a fair price is.
Future value of a vehicle to see how a car depreciates over time. Kelley blue book values blue book values kbb vs nadaguides. Locate the correct section of the kelley blue book in which to price the trailer. The black book, like kelley blue book, provides a value for different used car makes and models so car dealers will know how much a vehicle is worth. Black book used car values kelly black book nadaguides.
You might say we literally wrote the book on car values. By simply filling in a little information year, make, model, mileage, and vehicle condition kelley blue book will estimate the car s value, which in turn can be used during any. When it comes to selling your car, you want the best price you can get, and studies have shown that black book car pricing, on average, are lower than the tradein amounts shown in either the kelley blue book or in the nada and edmunds listings. Car invoice prices are the most accurate gauge of the fair market value when shopping for a new car. The used car prices black book and blue book values serve different purposes. Car buyers and sellers have relied upon this resource since 1926. Kelley blue book receives realworld used car prices on a daily basis from wholesale auctions, independent and franchised dealers, rental fleets, auto manufacturers, lessors, and.
If you have experience valuating other vehicle types, youre probably used to heading to the kelley blue book or edmunds to get a sense of what your car or truck is worth, so you may be wondering. Kelley blue book allows people to determine the tradein, retail or private sale price of a vehicle. What is the difference between black book value and kelly. Black book gets its prices for used cars based on the weekly amounts that cars sell for at wholesale. In this sense, invoice pricing explains the fair market value of a new vehicle in the same way kelley blue book provides fair market pricing information for a used car. Black book values focuses on data points that can help lenders and dealers better identify vehicles with lower risks and higher potential profitability. Research the latest new car prices, deals, used car values, specs and more. Determining the fair market value of a used car is easy with the kelley blue book used car pricing guide.
Canadian black book provides free car values, new and used car prices, and vehicle listings. Consequently, the term blue book has become synonymous with vehicle valuation guides. Over the years, the term blue book has come to be synonymous with the term price guide. The black book also supplies price quotes, but its main customers are car dealers who use the listed wholesale prices as a guideline for pricing their used cars. Kelley blue book regularly updates its motorcycle values to give consumers the pricing. Black book updates its online information daily while kelley blue book or kbb, updates its information weekly. If you plan to sell your car yourself, youll want to also research the kelley blue book private party value, which. Kelley blue book often misspelled as kelly blue book collects its information by attending auctions throughout the country where it bases used car evaluations.
Nada blue book values for used cars, certified preowned cars and more, brought to you by the national automobile dealers association. They have been around since 1918, while black book started in 1955. Updated weekly, it takes data from thousands of deals, current supply and demand and regional and seasonal factors to show you what you can expect to pay for a new car. Kelley blue book reports used car values for a variety of buying and selling transactions. Black book s pricing deals with wholesale values and the most uptodate car sales and is usually considered to be more accurate than kelley blue book, according to carsdirect. New and used motorcycles kelley blue book new and used. It is one of many tools used by car dealers to determine car values for their inventory. Lynn faeth, owner of the scout connection dealership in iowa, had this to say on the two uses. Kelley blue book values reflect local conditions in over 100 different geographic regions and are updated weekly to give consumers the most uptodate used car pricing information. This is accomplished by entering the year, make and model of the vehicle.
Car invoice prices provide useful insight into a dealerships approximate cost for a new vehicle. But the black book cpi is my mainstay in determining the true value of any rare or unusual vehicle which i buy or sell. Find the tradein value of your preowned vehicle here today. The kelley blue book and black book are both price guides for used vehicles, but theyre used in radically different ways. This is an as is value that does not include any warranties. How to price a trailer on kelley blue book it still runs. Data black book acquires their pricing data from wholesale auctions, and retail. Both books claim to be the more accurate source of used car pricing guides. New car prices and used car book values nadaguides. From those, kelley blue book then sets wholesale values based on what are called front line as in traffic stopper vehicles, which also includes. The term blue book is a generic term that has been used for years to describe a periodically issued price list.
For over 90 years, kelley blue book has been the trusted resource for used car values, helping car owners understand what their used car is worth. Both the black book and the kelley blue book can help in. Kelley blue book divides the condition of used vehicles into four grades. Use the modelmake crossreference section in the back of the kelley blue book to find the correct manufacturer of a particular model. Blue book used car values are determined by taking into consideration the equipment and options. Originally published as blue book of motor car values, the kelley blue book has been in use since 1926, when les kelley, a used car dealer, realized that his car valuation list which hed been using since the early 1920s provided a service to other car dealers. For over 40 years, kelley blue book has been the trusted resource for motorcycle values and pricing. Kelley blue book new and used car price values, expert. Kelley blue book is a trusted resource in the automobile industry used by consumers and dealerships to determine pricing and values for vehicles.
Black book provides the wholesale or auction value of your car, which is the amount a dealer might pay for it. The fair market range and fair purchase price are based on massive amounts of data, including actual. The black book was established in 1955 by three businessmen in gainesville. You can determine the condition of a vehicle by taking a condition quiz found on the equipment selection page, or by comparing the car.
You have to consider not just the type of vehicle, but the vehicle condition, mileage and options. While our vehicle value guides are often referred to as the nada blue book, we are not affiliated with kelley blue book. Depending on the method of disposal, there actually may be more than one blue book value for the consumers car, truck or suv. Estimates are available for used cars in extra clean, clean, average and rough conditions. Nada guides is the leader in accurate vehicle pricing and vehicle information. Traditionally dealers have relied upon black book for determining how much they should pay for tradeins. See what consumers and kbb experts say, plus get free access to kbb. About kelley blue book values for over 90 years, kelley blue book has been the trusted resource for used car values, helping car owners understand what their used car is worth. Starting at price refers to the base model, optional equipment not included. Pricing and offers may change at any time without notification. I am a fairly new dealer in this used car business, and have faced numerous obstacles. We use real values of local cars for sale by other franchised dealers to provide a more accurate instant market value estimate of your used car. Popular values 2008 m230 ds 2008 m16 ocean breeze 2017 scamp front bath 2018 m400 2017 u24mb mercedes sprinter 2017 max 1999 m16 2001 m17. However, kelley blue book has the most userfriendly online used car price search engine available and it takes only a few minutes to look up values.
Kelley blue book used pricing guide used cars for sale. Nadaguides national appraisal guides and kelley blue book both have a long history devoted to providing consumers and businesses with accurate vehicle pricing information. Car prices and values for trucks and suvs black book values. I use the kelley blue book and the black book for used car valuation. The kelley blue book gets more traffic when it comes to being used by buyers. We offer free price and valuation tools where new and used car shoppers can look up the.
Tradein value when you want to trade your car to a dealership. Msrp excludes destination, taxes, title and registration fees. Originally a trade publication, the first consumer edition of this popular used car price guide was published in 1993. Consumers are apt to run across black book values only when they sell their cars to vehicle resellers. Good thing kelley blue book has over 90 years of experience with used car pricing and weve done the analysis for you. The kelley blue book is a car valuation guide for new and used cars from the consumers side, supplying prices of cars based on the specifications of the particular vehicle. Kelley blue book is a classic car value blue book that allows people to find the value of their vehicle.
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