Among all methods applied for estimating the valuation of junk cars, the kelley blue book valuation method is of little 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. In short, it gives you the important knowledge related to the cars. The blue book does not show the lowest prices paid in the market for vehicles, but rather the going price that a vehicle currently sells for. Ok, i think i understand kelley blue book value used cars and trucks, now tell me about kelley blue book value used cars and trucks. This is an as is value that does not include any warranties. The value listed for a car in the kelley blue book is determined by kelleys own formula that takes many different factors into account.
How do car dealerships use kelley blue book kbb values. Kelley blue book canada nada guide nada book value. The best way to use it is to give you a general starting idea of what a car should cost. In a sense, the kelley blue book tradein value of a used car is equivalent to the invoice price of a new car, while the kelley blue book retail value is equivalent to the manufacturers suggested retail price on a new car.
Kelley blue book value used cars and trucks jeepcarusa. Kelley blue books analysts are impressed at the residual values of our best resale value. In the kbb, you can find values of camper vehicles that are over two decades old. Get used car, truck and suv values with edmunds car value appraisal tool. Canadian black book provides free car values, new and used car prices, and vehicle listings. Volvos xc40 is the best new auto model of 2019, according to kelley blue book. Shop for new cars and used cars at kelley blue book. Finding the right kelley blue book value for secondhand cars. The kelley blue book is truly only a guide, though.
Kelley blue book is probably best known for trade in values and private party values for the car you already have. Jan 27, 2012 kelley blue book is similar in that it offers target pricing information for used cars. Kelley blue book used cars value calculator how to easily calculate a cars value april 2, 2014 january 21, 2016 james bourland if you have future plans to sell or buy a car, you need to learn how to calculate a second hands value. Kelley blue book canada pricing used cars in canada it is commons sense to look up the kelley blue book or any other blue book on the internet when in the market looking for a cars value. Determining the fair market value of a used car is easy with the kelley blue book used car pricing guide. Browse a wide variety of new and used cars, trucks, suvs and vans available for sale across canada. It also includes the value of motorcycles, value of boats and other automotive in the market. Black book provides the wholesale or auction value of your car, which is the amount a dealer might pay for it.
Kelley blue book receives realworld used car prices on a daily basis from wholesale auctions, independent and franchised dealers, rental fleets, auto. The kelley blue book for rvs would seem to be the simple way to price your unit. Jan 10, 2020 the kelley blue book for rvs would seem to be the simple way to price your unit. Finding the right kelley blue book value for secondhand cars online april 2, 2014 december 9, 2015 james bourland these days, more and more people buy and sell slightly used cars, if youre one of those who are planning to get one for yourself. Use our simple no obligation kelley blue book tradein tool to find you vehicles value. Those would be sell value to private parties, estimated retail price, and tradein value.
Mar, 2017 the kelley blue book is truly only a guide, though. Cars with the best resale value in 2020, according to kelley. The blue book is the vehicle information resource used by consumers and the automobile industry to establish price guidelines. Kelley blue book used pricing guide used cars for sale. Kelley blue books fair purchase price tool is compiled from transactions conducted across the united states. Apr 02, 2014 kelley blue book used cars value calculator how to easily calculate a cars value april 2, 2014 january 21, 2016 james bourland if you have future plans to sell or buy a car, you need to learn how to calculate a second hands value. Sep, 2015 the kelley blue book value is one of the oldest resources around for determining the value of your used vehicle. You might say we literally wrote the book on car values. Unfortunately, with the everchanging market today the used car blue book value that you are getting may not be accurate. 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. Nada blue book values for used cars, certified preowned cars and more, brought to you by the national automobile dealers association. From there, they can select the automobiles style, engine size and other details to arrive at a value. Kelley blue book kelley blue book began publishing in 1926 and focuses on resale value and fiveyear cost to own. Kelley blue book kbb is wordwidely known as reputable valuation company that provides trusted guides of car values.
When it comes to properly appraising a car, many insurance companies and classic car collectors rely on the kelley blue book values to help them get a good understanding of how much their car is worth. It helps to have a trusted pricing source on your side. The kelley blue book, nada guide and edmunds are not intended to value a junk car or a car with serious mechanical or body damage. Drivers can find out the value of their used cars by typing in the car s year, make, model and mileage into the kelley blue book website. Black book values service offering differs from nadaguides in the fact that they do not offer direct to consumer services. Kelley blue book classic car values whats my car worth. High mileage, vehicle damage, and the cost to recondition your car for resale all have an impact on the overall value of your car. This pricing data comes from oems, wholesale auctions. If you dont know how the industry appraises cars, you wont be able to effectively negotiate your current car s appraisal value. The final sales price depends on the cars actual condition and local market factors. Get used car values with edmunds car value appraisal tool. Kelley blue book new and used car price values, expert car. 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.
It is one of many tools used by car dealers to determine car values for their inventory. So many people today are engaging with the car market. Keeping in mind that there are a number of factors that go into determining how much a classic car is worth, the blue book value is great for. Kelley blue book values blue book values kbb vs nadaguides. Kelley blue book doesnt provide a similar value for used cars, because there is no practical way to track used car sales. With the increased need to commute and the convenience of cars, this is a necessity. You can even begin the buying process online by contacting a dealer nearby with the inventory youre looking for. My cars value kelley blue book new and used car price. The kelley dealership continued to expand until it was the largest used car dealer in the country.
Kelley blue book announces 2020 award winners business. Get the kelley blue book value for your used car or tradein vehicle, find. 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. Book value get the book value of your car easily and free. So, each year, analysts at kelley blue book tally up the cars, trucks and suvs that they expect to hold their value best over five years. Kelley blue book new and used car price values, expert.
What is your car worth and what is your vehicle book value. 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. Many of these sales are between private individuals, so kelley has no way of knowing actual selling prices. You have to consider not just the type of vehicle, but the vehicle condition, mileage and options. And while negotiating a fair price is important, choosing a vehicle with solid resale value can save you much more money in the long run. Kelley blue book private party value the kelley blue book private party value is the starting point for negotiation of a used car sale between a private buyer and seller. Kelley blue book used cars value calculator how to. When buying a used car, its usually hard to know what a fair price is. Feb 11, 2012 kelley blue book s 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. Good thing kelley blue book has over 90 years of experience with used car pricing and weve done the analysis for you.
The blue book value of your car is the market amount it is worth to others. Data black book acquires their pricing data from wholesale auctions, and retail. Whether youre trading your vehicle in at a dealer or planning to sell it, edmunds makes it. 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. For 20, kelley blue books residual value forecast calls for the truck segment to continue to hold its value better than cars, with the average 60month residual value across all trucks at 39. Since 1926, kelley blue book has been one of the most trusted names in the auto industry. How do you find the kelley blue book value of used cars. Research the latest new car prices, deals, used car values, specs and more. Jan 23, 2015 so, each year, analysts at kelley blue book tally up the cars, trucks and suvs that they expect to hold their value best over five years. Finding the right kelley blue book value for secondhand.
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. Our annual best resale value awards make it easier. Find out what your car is worth at, the trusted resource for used car values. Apr 02, 2014 finding the right kelley blue book value for secondhand cars online april 2, 2014 december 9, 2015 james bourland these days, more and more people buy and sell slightly used cars, if youre one of those who are planning to get one for yourself. New car prices and used car book values nadaguides. Jan 07, 2020 blue book is a common terminology to describe the market value of used, new, and also classic cars. Kelley blue book names 2020 best resale value award. If its totaled you can get the kelly blue book value site here. Used car values, price guide and tradein estimator.
Kelley blue book reveals best new cars for 2019 and volvo. The kelley blue book guide to camper values used cars and. The kelley blue book price advisor shows you what you should pay for. Kelley blue book has announced the 2020 kelley blue book best buy award winners, and their pick for the best new car of the year is the 2020 kia telluride. Check car prices and values when buying and selling new or used vehicles. The kelley blue book determines the value of a vehicle by. It enlists the retail and wholesale values of cars in the market. Kelley blue book instant cash offer partnership i buy. Depending on the method of disposal, there actually may be more than one blue book value for the consumers car, truck or suv.
Find and compare thousands of new, used, and cpo cars, and get the kbb fair purchase price for the car you want to buy. In this case, kelley blue book applies its 75 years of car appraisal experience to determine prices. Find out what the kelly blue book value of your car is. Lots of people made a great deal of money with ehow. Blue book is a common terminology to describe the market value of used, new, and also classic cars. When youre visiting a dealership, you can walk in confidently with the kelley blue book tradein value and tradein range for your car. The kelley blue book guide to camper values used cars. Compare prices and select specific criteria to narrow down the thousands of vehicles for sale. The primary focus of kelley blue book is on automobiles, but the company also provides values for motorcycles, personal watercraft and snowmobiles. Recreational vehicle pricing guides kelley blue book is an amazing place that collects and preserves prices for all kinds of vehicles. For used cars, kelley blue book provides typical listing price, certified preowned price, tradein value and private party value. Find out your cars value with kelley blue book youtube. The final sales price depends on the car s actual condition and local market factors.
As a kelley blue book instant cash offer participating dealer, we are able to guarantee your vehicles kbb car value. The kelley blue book price is a trademarked car valuation from kbb. The vehicle book value estimator thats the market standard is the black book whenever youre speaking about car dealer or professionals in the business. Get the kelley blue book value for your used car or tradein vehicle, find tools to help you with buying or.
Kelley blue book also primarily utilizes asking price information in their weekly valuation processes. It will help you work out the approximate book value of your car easily and free. Nada guides is the leader in accurate vehicle pricing and vehicle information. Black book used car values kelly black book nadaguides. After that, youll get an estimate of the kelley blue book used cars value. Since 1926, new and used car buyers and sellers have relied upon kelley blue book for authoritative and unbiased information to make wellinformed car, truck and suv buying decisions. Brand winners, subaru and porsche, and newcar shoppers would be wise to consider a vehicle from one of those two brands to get the most bang for their buck in the long term, said eric ibara, director of residual values for kelley blue book. The kelley blue book value is one of the oldest resources around for determining the value of your used vehicle. Knowing your tradeins value before you visit your new car dealer is essential. Kelley blue book kbb is an automotive shopping site.
Use autotraders used car valuation tool to find the kelley blue book value of the car youd like to sell or buy. From there, they can select the automobiles style, engine. Before purchasing a used car, it is necessary for consumers to check the current value of the used car they choose. Kelley blue book is an irvine, californiabased vehicle valuation and automotive research.
Nadaguides national appraisal guides and black book values offer vehicle valuation services based on a proprietary collection of data points and professional market analysis. The privateparty value indicates the price a consumer might pay to buy the car from you directly. Looking at current market conditions and seasonality. Kelley blue book is similar in that it offers target pricing information for used cars.
1110 769 1085 1537 1110 421 1036 254 487 1530 270 1022 162 1205 1206 1654 197 1362 474 737 850 482 490 955 790 1519 420 12 732 1368 1686 213 1336 816 1023 337 950 1049 507 186 699 1208 248