Consumer edition januarymarch 2012 kelly blue book on. Its oftentimes more convenient for a smaller used car dealership to simply print a retail book sheet to use as a window sticker. Dealerships and banks will always use nada values, and all used cars are bought and sold based on clean loan values generated by nada. Black book values service offering differs from nadaguides in the fact that they do not offer direct to consumer services. Both the black book and the kelley blue book can help in. Tradein values will vary between regions, times of the month even between dealerships. If you have minor damage and are handling the body damage claim yourself, tell the insurance adjuster you want to get a receive payment for diminished value for the car in addition to the body shop costs. Kelley blue books total cost of ownership awards, like all new and usedcar information provided on, were established to help car shoppers make more informed carbuying decisions by. You can still calculate values from book editions, but its easier and quicker to use the sites online tools, which give you a free value in just. Canadian black book provides free car values, new and used car prices, and vehicle listings. The salesperson got a sale and will get paid tuesday. My eight year old son learned the power of negotiation. Black book data and mobile apps buy now and fuel your business.
This list was compiled with kelley blue book western region values for standardequipped vehicles as of 5152009. Frequent updates allows for faster response to market fluctuations. Future value of a vehicle to see how a car depreciates over time. Find out the value of a used car with kelley blue book. If you dont know how the industry appraises cars, you wont be able to effectively negotiate your current cars appraisal value. Kelly blue book kbb and the national automobile dealers association nada are two other popular providers of valuation. Steps on how to check you car value with kelley blue book online the kelley blue book is the recognized leader in determining used car values. If you plan to sell your car yourself, youll want to also research the kelley blue book private party value, which is typically higher than tradein value. Whether you use the kelley blue book guide or prefer, the book pricing of vehicles can be a little misleading. Black book vs kelly blue book trade in values fremont motors. Tradein value when you want to trade your car to a dealership.
The kelley blue book value is one of the oldest resources around for determining the value of your used vehicle. When it comes to realizing the blue book price when selling a used car outright, sellers often find their expectations are set too high. 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. They compare prices using different data for multiple sources to update the. Based on the black book value of a 2001fordexplorer, this is the amount you can expect to receive for. This is how you properly use kelley blue book to get a real idea of what someone would be willing to pay for your vehicle. Are you looking to sell your vehicle or trade it in. If its totaled you can get the kelly blue book value site here. Used car values, price guide and tradein estimator. Information on older used cars is presented in a separate book, while motorcycle and rv information is published separately as well.
Kelley blue book kbb is the gold standard in setting usedcar valuations. Values will vary depending on location, equipment, mileage, etc. Kelley blue book used car value whats my car worth. Since 1926, the organization has monitored usedcar transactions, publishing marketdriven values on preowned cars. Oct 07, 20 bluebook car prices arent always accurate because there are a variety of factors that go into calculating a used cars value. Determining the fair market value of a used car is easy with the kelley blue book used car pricing guide. Mar 28, 2017 yet the fair prices for used cars can be tough to sort out if you rely on a kelley blue book guide to check car values. Both can be valuable sources of price data as you approach the bargaining table on your next used car.
Find out your cars value with kelley blue book youtube. How to buy a used car for way below kelly blue book price. 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. I ordered a kelley blue book used car guide for a few months past. Jan 27, 2008 this is the same book dealerships in the usa use when determining a trade in value. Keep reading to find out all about the 2 main sources for used car, truck and other vehicle pricing. It also includes the value of motorcycles, value of boats and other automotive in the market. How to set the right price to sell your used car edmunds. Evolution of the blue book changes to kelley blue book. And from now on, this is actually the primary impression. So the trick here is to determine how to make your car more attractive to buyers and to know the baseline amount that cars similar to yours are selling for in your local market.
But, like all generalizations, there are numerous details for w. Used values 23 blue book airplane atv auto boat camper car classic car dump truck fifth wheel home jet ski limousine motorcycle motorhome rv scooter semi truck snowmobile toy hauler tractor trailer travel trailer truck. This connects you with customer service, where you can buy an archive copy of the most recent blue book that will have your vehicles information. Why is the kelly blue book consistently so much higher than. Welcome to canadian black book, the definitive source for unbiased vehicle pricing and valuations in canada for over 55 years. For more information from our kelley blue book editors, read the full article. Black book updates their used car prices on a weekly basis. Estimates are available for used cars in extra clean, clean, average and rough conditions. It also describes how those factors influence the overall value of the car. The used car prices black book and blue book values serve different purposes. My sale price was 22% below kelly blue book for the exact specmiles.
In the world of used car sales, there are no preset values, so a dealer is free to use whatever sticker price it wants for a. Black book used car values new cars, used cars, car. The kelley blue bookand its equally popular websiteis one of the most trusted guides for automobile pricing, used by those who are buying or selling cars. Im shopping for a used car and almost all of the cars i see are asking for two or three thousand more than their kelly blue book value. 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. The black book was established in 1955 by three businessmen in gainesville. My sale price was 49% lower than the asking price on the same minivan in 2 locations within 2 miles. Jan 01, 2011 besides, we want to look at what the consumer market is looking at when getting our pme ready, just as i show you how to calculate your profit margen using the u. Get used car pricing and explore thousands of car listings at kelley blue book. Since those early beginnings, kelley blue book has become the gotochoice among both dealers and. The used car guide offers charts and tables to calculate the price based on the condition of the car, the mileage, and optional components. Kelley blue book used car guide, julydecember 2008.
I needed an older kelley blue book so that i could value my vehicles at the time my not soon enough ex was served. Blue book is a common terminology to describe the market value of used, new, and also classic cars. Kelley blue book kbb is considered one of the most reliable resources and for determining the value of a used car, and an authoritative pricing guide for selling, buying, and trading cars. Black book auto value as a thrifty car shopper, you may have heard dealers refer to a car s blue book value or learned of a reference guide called the black book as you hunted for used car deals. For new vehicles, kbb provides manufacturers suggested retail price msrp, dealer invoice price and new car blue book value. Search for your next used car at, the site you trust the most. Get the kelley blue book value for your used car or tradein vehicle, find tools to help you with buying or. When buying or selling a used car, many people rely on the kelley blue book kbb, which has been around for more than 90 years. If you choose to sell your car yourself, the private party value stands as a starting point.
Is the kelley blue book replacement value of a totaled car. Although the kelley blue book dates to the 1920s, it didnt publish a consumer edition until 1993. Quickly estimate the value of a vehicle or calculate what you can expect to get on a tradein. Not talking to your car insurance agency before you purchase any automobile, new or used, you should speak with your car insurance policy provider and request an automobile insurance policy quote. For used cars, kelley blue book provides retail value, tradein value and private party prices, which are based on comprehensive surveys of actual sales. As the saying goes, your car is only worth what someone is willing to pay for it. I am a fairly new dealer in this used car business, and have faced numerous obstacles and difficulties getting my business off the ground.
If they showed you the actual value of your trade, you would be less likely to use their site, so by showing consistently high numbers, it keeps their traffic flocking. When youre visiting a dealership, you can walk in confidently with the kelley blue book tradein value and tradein range for your car. Ive never purchased a used car so is it customary for people to list their cars for more kbb. With kelley blue book, you can visit one website to gather all the details you need to ensure that you are getting the best deal on a new car or the best price for an old one. Kelley publishes more than one price guide for used cars, but the one your dealer is likely to use is the one labeled kelley blue book auto market report official guide, the version of the. 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. The company provides customers, businesses, and consumers with accurate vehicle pricing information.
Used car dealer in williamstown, nj 08094 drivetime. To learn more about the kelley blue book trusted advisor program and rangebased pricing, please click here. Depending on the method of disposal, there actually may be more than one blue book value for the consumers car, truck or suv. Some of the latest articles include 10 steps to buying a used car, 10 steps to buying a new car and 10 steps to selling your used car successfully. The used car price guide is the perfect place to start if you are considering selling your current vehicle, buying a used car from a private party, or looking to tradein at the dealership. How to figure the blue book values for vehicles older than.
Should i pay more than kbb or should i negotiate a price close to kbb value. Another recent addition to the website is the vehicle safety center. Get your cars value instantly kelley blue book will value your car online in minutes. Apr 15, 2020 2001 ford explorer used car book values. Awesome used car valuesallowed in order to my weblog, on this moment i will show you about used car values.
Kelley blue book new and used car price values, expert car. For example, the used car manager at a mercedesbenz dealership may give you less on your used kia than the used car manager at the kia. By 1996, consumers could visit the companys website, to find values for new and used cars. But the black book cpi is my mainstay in determining the true value of any rare or unusual vehicle which i buy or sell. Kelley blue book or kbb is a respected used car price guide often quoted by used car dealers to demonstrate that prices of cars on their lots are fair. Kelley price guides are used throughout the auto industry to cite car values, but consumers need to dig a little deeper to determine reasonable purchase prices for used cars. In 2010, ford redesigned the 2010 ford edge and started plans for discontinuing the ranger 2010 ford ranger book values. We offer free price and valuation tools where new and used car shoppers can look up the.
Kelley blue book is probably best known for trade in values and private party values for the car you already have. Car prices and values for trucks and suvs canadian black book. Luxury kelly blue book used car valuedelightful for you to my own blog, with this moment i am going to explain to you regarding kelly blue book used car value. Youll want blue book information if youre selling your car, buying a new one or providing information about your assets on financial disclosure statements. The kelley blue book determines the value of a vehicle by. Nadaguides national appraisal guides and black book values offer vehicle valuation services. High mileage, vehicle damage, and the cost to recondition your car for resale all have an impact on the overall value of your car. When a buyer says, look, your car is only worth this price because you will be able to counter with relevant prices and market information if you do your research. About the kelley blue book value on used cars sapling.
Black book, best known for its wholesale usedvehicle values, is now the official valuation service for, a thirdparty internet shopping site, the companies said today. Should i pay more than kelly blue book value for a car. Best used small truck under 5000,0,15000, all time kelley blue book used pickup trucks gmc. By simply filling in a little information year, make, model, mileage, and vehicle condition kelley blue book will estimate the cars value, which in turn can be used during any one of a myriad of buying decisions. Jan 07, 2016 my only criticism is that no information is given on how to calculate the value of a car with extremely low mileage, for its age. Conversely, even if your car isnt on this list it could still be a good candidate for the proposed. You can contact the kelley blue book company directly by phone at 8002583266 and press option 2 at the prompt. Make sure that you are making a good investment with our resale value guide. Dont be surprised if the sell price is still above book. Black book values focuses on data points that can help lenders and dealers better identify vehicles with lower risks and higher potential profitability. Kelly bluebook, you can now use this 100% free site to get the used cars values that you need so you can profit big. I had to get the value of my vehicles for my divorce. Kelley blue book how does it compare to market value.
Both books claim to be the more accurate source of used car pricing guides. They have been around since 1918, while black book started in 1955. Find out what your car is worth at, the trusted resource for used car values. A truly comprehensive service thats actually two sources in one. Car prices and values for trucks and suvs black book values. Nevertheless you still want to get the highest amount that you can for your used car. Visit canadian black book and select a make and a model to find the right car that suits your need. For example im thinking about buying a 2000 acura tl. Learn how you can use the kbb when selling or buying a car. Can i realistically get the kelley blue book price. My cars value kelley blue book new and used car price. This service helps you attain and compare used car tradein values for vehicles up to 14 years old. With this knowledge, you will have the confidence that you are getting a vehicle that will meet your needs as well as the necessary information to negotiate effectively.
Oct 05, 2011 kelly blue book is largely a consumer used book value, not a dealer or bank book value. It gives the dealer a nice mark up and lists all of the options on the vehicle for customers to see. The 2010 ford escape has retained strong value, and fords 2010 fusion, either the 4 cylinder or v6, were popular due to improved mpg that year. The kelley blue book has all the information that you need whether youre planning to purchase a brandnew or used car. Almost all industry experts agree that the kelley blue book website provides a valuable free service for the automotive community.
I recently purchased a 2008 honda pilot with mileage 37% below the acceptable range of 87,000 92,000 miles. Youll get a fair estimate of your used cars value that youll be able to take to the dealer. In short, it gives you the important knowledge related to the cars. Black book used car values kelly black book nadaguides.
Nadaguides national appraisal guides and black book values offer vehicle valuation services based on a proprietary collection of data points and professional market analysis. Find out what the kelly blue book value of your car is. The dealer moved a car thatd been on the lot for 3 months. Its the source for current transaction prices, whether a used car is a tradein or sold through a private party or dealer. Either bring it to your own mechanic or take it to an independent inspection source like alliance inspection management aim. As a result, kelley blue book can help your dealership make valuation decisions with confidence. Unfortunately, with the everchanging market today the used car blue book value that you are getting may not be accurate. Get the kelley blue book value for your used car or tradein vehicle, find. Youll get full access to resources that can help you prepare for a private sale or a trip to the dealership, negotiate the best deal possible. The kelley blue book gets more traffic when it comes to being used by buyers.
Check used car platforms like craigslist and ebay motors to see average used car prices. Kelly blue book is not in the car business, they sell advertising space to generate revenue. Locate a used car archive copy of the kelley blue book. The blue book value of your car is the market amount it is worth to others. The origins of kelley blue book date back more than eighty years, when a young car salesman from california, les kelley, began compiling a list of car prices as a tool for helping him evaluate vehicle value. The kelley blue book is one of the most trusted resources when it comes to determining the value of a car. I cannot buy another car with the kkb value of my used car if i were to sell it to a private party. Ultimately, whether its black book or kelley blue book used car values, your tradein value is dependent on several factors including make, model, year, condition, accessories and mileage. Black books cars of particular interest cpi collectible vehicle value guide offers pricing on vehicles dating from 1946 to current model years. Check car prices and values when buying and selling new or used vehicles. Lynn faeth, owner of the scout connection dealership in iowa, had this to say on the two uses. Is the kelley blue book replacement value of a totaled car the value of purchase price or the selling price. Getting a used car tradein value from black book appraising your used cars tradein value isnt an exact science.
I use the kelley blue book and the black book for used car valuation. Not so fast, most consumers are under the impression kbb sets the resale value of car prices and this simply is not true. It enlists the retail and wholesale values of cars in the market. Looking at current market conditions and seasonality. Use autotraders used car valuation tool to find the kelley blue book value of the car youd like to sell or buy. It was to become the largest dealership in the world and, along the way, spawn a need for placing values on used and even new cars, known as blue book values. A financial exchange whereby each party feels like they totally screwed the other kelley blue book is an excellent resource to ballpark the current value of a vehicle. While completing research via a service like kelley blue book or can give. Kelley blue book used car guide consumer edition paperback.
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