Since 1926, kelley blue book has been one of the most trusted names in the auto industry. The blue book they sell to the public is updated every 4 months. 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. Feb 28, 2020 the kelley blue book is the most popular usedcar buying guide. The kelley blue book value is one of the oldest resources around for determining the value of your used vehicle. But most dealers no longer use kbb to appraise cars. And today theres no better place to find the value of your current car than. Should i pay more than kelly blue book value for a car. Kelley blue book used car guide, julydecember 2008. That process results in the following values for used cars. Black book provides the wholesale or auction value of your car, which is the amount a dealer might pay for it. We have new and used copies available, in 0 edition starting at. In 1993, the blue book was finally released as a consumer guide. 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.
Shop for new cars and used cars at kelley blue book. Kelley blue book analyzes over 60% of all auction transactions occurring across the usa each week. Depending on the method of disposal, there actually may be more than one blue book value for the consumers car, truck or suv. Determining the fair market value of a used car is easy with the kelley blue book used car pricing guide. Get the kelley blue book value for your used car or tradein vehicle, find. If your car is not something we want on the lot, then it goes to auction. How are vehicles valued in a legal separation or divorce. Now published quarterly, the consumer edition of the kelley blue book used car guide includes current tradein values. The kelley blue book is the most popular usedcar buying guide. Find out what your car is worth at, the trusted resource for used car values.
How does kelley blue book determine the value for a given. 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. All about kelly blue book used car prices has articles on negotiating tips, dealer scams, lease vs. How are vehicles valued in a legal separation or divorce in 2014 in san diego superior court. A car in pittsburgh may be a hot seller but not in philadelphia. Toyota tops kelley blue book best resale value awards. In 1992, it offered dealers a computer program that allowed them to print out a label displaying the condition, mileage, and optional equipment on a used car.
This is the book most people go for when they want to learn a vehicles market value, both financed and cash when it comes to car auction attenders and dealers, however, theyll use both books to develop a vehicles price. About the kelley blue book value on used cars sapling. 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. Acv is simply the cost of the vehicle, minus depreciation, also commonly referred to as fair market value. It doesnt matter what book youre looking at you need to know what the value of a vehicle is before you go shopping. 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. Oct 07, 2008 the blue book they sell to the public is updated every 4 months. Paint, body and wheel surfaces have considerable damage to their finish, which may include dull or faded oxidized paint, small to medium size dents, frame damage, rust or obvious signs of. Manufacturers, wholesale auctions, franchised and independent dealers, rental companies and financial institutions are among the data sources used to calculate new and used vehicle prices. You can also book cars anywhere at the auctions, on the lot, wherever you do business and upload the vehicle information into your karpower online inventory. A used luxury suv or crossover can be a popular choice for those who enjoy creature comforts but wont compromise on size or power.
Blue book used car values are determined by taking into consideration the equipment and options. 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 used car. The most common settlement method used by auto insurers to establish the value of an insured vehicle at the time of loss is to base the value on the vehicles current actual cash value acv. Kelley blue book is probably best known for trade in values and private party values for the car you already have. The kelley blue book determines the value of a vehicle by. Research the latest new car prices, deals, used car values, specs and more. Additionally, our special relationship with manheim allows kelley blue book to secure manheim auction data at an extremely detailed level, contributing to the accuracy of our values. Get the kelley blue book value for your used car or tradein vehicle, find tools to help you with buying or. Mobile tool to evaluate used cars with kelley blue book values. For a more robust search, navigate to our official car finder tool. Check car prices and values when buying and selling new or used vehicles. That being said, ive never found kbb to be very useful for realistic prices. Similar to nadaguides, values published by kelley blue book rely on a constant flow of pricing information from various industry sources. It tells them what every car is going for at auction today.
Find and compare thousands of new, used, and cpo cars, and get the kbb fair purchase price for the car you want to buy. Select from one or more dropdowns below, to find the right car for you. How to determine your vehicle value best mexico car. Get kelley blue book values covering the past 20 model years look up kelley blue book new car pricing information, including. Kelley blue book has developed, refined, and implemented thousands of complex algorithms based on extensive and continuous data research and theyve been doing it for almost 100 years. You can contact the kelley blue book company directly by phone at 8002583266 and press option 2 at the prompt.
Well also show you the dealer price and private seller price if youre looking to buy a 2005 nissan. 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. Kelley blue book new and used car price values, expert. Heres a look at just how trustworthy it is plus a comparison with the competition. Locate a used car archive copy of the kelley blue book. Access weekly kelley blue book cpo, suggested retail, used car fair purchase price, lending, auction and tradein values. Back around 2010 it was the oppositestill a slump from the economic down turn, and car deals were very good for buyers.
Includes a range of values for cpo, used car fair purchase price and tradein. Meaning a vehicle with significant mechanical defects requiring repairs in order to restore reasonable running condition. For example im thinking about buying a 2000 acura tl 3. Whether youre trading your vehicle in at a dealer or. Lots of dealers and banks use nadanational auto dealers association.
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. The car market in general, and specifically the economy car market, are hot right now. May 18, 2017 lots of dealers and banks use nadanational auto dealers association. Look up the trade in and resale value of your 2005 nissan. Used car values, price guide and tradein estimator. Data black book acquires their pricing data from wholesale auctions, and retail. With sophisticated suspensions, stylish comforts and advanced incabin technologies, todays used luxury vehicles have more in common than ever with their higher priced new counterparts. How to figure the blue book values for vehicles older than. When does kelly blue book update their used car values.
Sep, 2015 why the kelley blue book car values are wrong. Kelly blue book used car prices kelly blue book used car. 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. Get used car pricing and explore thousands of car listings at kelley blue book. Sep 18, 2010 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.
May 12, 2012 the response quora user provided is spot on. The privateparty value indicates the price a consumer might pay to buy the car from you directly. Should i pay more than kbb or should i negotiate a price close to kbb value. Rough tradein rough tradein values reflect a vehicle in rough condition. Mar 28, 2017 a dealer may resist your efforts to negotiate a lower price on a used car by showing you the kelley blue book values in his guide. Find out what the kelly blue book value of your car is.
Use autotraders used car valuation tool to find the kelley blue book value of the car youd like to sell or buy. Nada blue book values for used cars, certified preowned cars and more, brought to you by the national automobile dealers association. Consumer edition januarymarch 2012 kelly blue book on. If we put it on the lot, and have a hard time selling it, we may have to take it to auction to recoup our investment. They have a website that is open to the public as well. All blue book values are displayed including certified preowned, suggested retail, lending, auction and tradein.
Get used car, truck and suv values with edmunds car value appraisal tool. Pocket karpower is a powerful mobile device which allows you to check regionally adjusted wholesale lending and retail values for cars, trucks, and vans. Mobile tool to evaluate used cars with kelley blue book. Kelley blue book reports used car values for a variety of buying and selling transactions. You can bolster your bargaining position by telling the dealer that you know kelley lists retail prices in the guide and not the actual selling prices.
You might say we literally wrote the book on car values. By 1996, consumers could visit the companys website, to find values for new and used cars. You can find retail, private party, and trade values there. The label also included the blue book price and the kelley blue book official seal. Kelley blue book has made it easier than ever to access the uptodate values most relevant to industry, including lending value and auction value.
Kelley blue book new and used car price values, expert car. Here is our complete kelly blue book used car price directory. Unfortunately, with the everchanging market today the used car blue book value that you are getting may not be accurate. When youre visiting a dealership, you can walk in confidently with the kelley blue book tradein value and tradein range for your car. Nadaguides national appraisal guides and black book values offer vehicle valuation services. 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. Kbb uses different values for private party and dealer. 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 a couple of minutes. If its totaled you can get the kelly blue book value site here. Get used car values with edmunds car value appraisal tool. Ive never purchased a used car so is it customary for people to list their cars for more kbb. The blue book value of your car is the market amount it is worth to others.