Oct 07, 20 car dealers are experts when it comes to deciding a tradein price. Oct 07, 20 first published in 1926 for banks, auto dealers and other businesses, the kelley blue book quickly set the standard for used vehicle value guides. Can i realistically get the kelley blue book price. It gives you an idea of the asking prices you might see on dealers lot. Clearly understanding and being able to discuss new and used car valuations is an important part of the car shopping process. Research the latest new car prices, deals, used car values, specs and more. Feb 28, 2020 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. Kelley blue book is a popular evaluation guide for consumers and dealerships. Display your inventory quickly and easily on and autotrader. Kelley blue book reports used car values for a variety of buying and selling transactions. If you plan to sell your car yourself, youll want to also research the kelley blue book private party value, which.
Blue book trade in value, maximize your used car trade in value. How do car dealerships use kelley blue book kbb values. A lot of people do not understand exactly how dealerships use the blue book, so we put this guide together to help you understand how car dealerships use the blue book value of a car. Depending on the method of disposal, there actually may be more than one blue book value for the consumers car, truck or suv. You may be one of those people, and thus you need a guide to help you evaluate a cars price. They will use a number of resources, namely kelley blue book and nada tradein value, but they mainly rely on their years of experience appraising cars. This is an as is value that does not include any warranties. Rising usedcar values aid newvehicle sales april blue book market report advises dealers not to overpay on used fuelefficient models in months ahead. Search from 1,529,961 used cars for sale, including a 2011 ford ranger 4x4 supercab, a 20 ram 1500 4x4 crew cab laramie, and a 2015 chevrolet malibu lt. 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. It helps to have a trusted pricing source on your side. Pricing for retail cars at a dealership will vary, but because of the refurbishing a dealer must do to ready the car or truck for sale, the retail price of the used car will. Get the kelley blue book value for your used car or tradein vehicle, find tools to help you with buying or.
With the increased need to commute and the convenience of cars, this is a necessity. Keep in mind that kelley blue book is simply a guide and your trade in value could be much lower or much higher than kelleys value. In this article, we dive in and learn how the kelley blue book price is set, how to use kbb prices to get a good deal on your car, and much more what is the kelley blue book price based on. Cox automotive retail solutions covid19 assistance program. Some dealers present the kelley blue book price as though it has been. Vehicle valuation for car dealers kelley blue book b2b. Now published quarterly, the consumer edition of the kelley blue book used car guide includes current tradein values, private. Nadabut, nada is usually used by banks or car dealers to show you an inflated price value.
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. 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 guide received a significant vote of trust during. According to kelley blue book typical listing price the kelley blue book typical listing price value is representative of dealers asking prices and is the starting point for negotiation between a consumer and a dealer. Get the best deals on used cars for sale near you edmunds. Black book updates its online information daily while kelley blue book or kbb, updates its information weekly. This is one of two blue book values that car dealers use when. Kelley blue book price advisor helps car shoppers buy with. Feb 11, 2020 today kelley blue book announced the integration of its instant cash offer tool with vautos provision tool to help dealers win more trades and maintain or improve efficiency during the appraisal. Only vehicles that meet the high program standards of kelley blue book and pass inspection, as signed off by an ase certified technician, are eligible for the kelley blue book certified preowned cpo vehicle program. Find out what your car is worth at, the trusted resource for used car values. From used car lots to new car dealers, they all claim to sell cars at or below blue book while.
So many people today are engaging with the car market. We have over 5 million cheap used and certified preowned cpo vehicles in our database and we provide you. Therefore, you should never use nada books for real references. Used car pricing for the 2016 ford f350 super duty crew cab xlt pickup 4d 8 ft. Align your dealership with the most trusted thirdparty automotive brand kelley blue book car shoppers place their trust and confidence in valuations from kelley blue book. The main difference between kelley blue book and nada tradein. Get msrp, fair purchase price, resale value, and available inventory for the 2016 ford f350 super duty crew cab xlt. The blue book increased in popularity as well, moving beyond its regional boundaries and becoming a nationwide car value guide for dealers. Nada blue book values for used cars, certified preowned cars and more, brought to you by the national automobile dealers association. In particular, the re sidual value is used to establish the value of a vehicle at the end of its lease term. Mar, 2017 the blue book is a great tool for consumers and dealers alike, and helps people buy used cars at fair prices every day. Search from 1447323 used cars for sale, including a 2015 chevrolet cruze lt.
Both online and mobile access to our values vehicle valuation tools to effectively manage your inventory. 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. 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. Since 1926, kelley blue book has been one of the bestknown names in the auto industry with trusted values and a reputation for innovation, including resources to help you research, price and shop your cars. Off lease only used mercedes s class used car dealers. But the black book cpi is my mainstay in determining the true value of any rare or unusual vehicle which i buy or sell. Car dealers are experts when it comes to deciding a tradein price. Nov 17, 2014 according to lynn faeth, referring to the used car operation of his nationallynoted the scout connection dealership in fort madison, iowa, i use the kelley blue book and the black book for used car valuation. Structuring a loan some auto lenders loan money based on the retail value of the vehicle. Browse a wide variety of new and used cars, trucks, suvs and vans available for sale across canada. Get used car pricing and explore thousands of car listings at kelley blue book. Jun 25, 2019 edmunds is a good resource for auto shoppers. Autotrader offers the most extensive car inventory near you, and the tools to help get you informed like the kelley blue book price advisor, vehicle car reports, and accelerate my deal to get you in your next car faster. Kelley blue book instant cash offer integration with vauto.
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. A used car purchase can be a great way to get a lot of bang for your buck on your. For the first time, new car shoppers can select the dealer of their choice and get back a free online price quote on the vehicle they are interested in buying. Automotive valuation and marketing solutions from kelley blue book. Although, there are many misconceptions about the guide that create confusion among consumers. If youre buying a used car at a dealership, start with the typical listing price. Used car values, price guide and tradein estimator. Kelly blue book kbb and the national automobile dealers association nada are two other popular providers of valuation. The difference between kelley blue book and nada tradein. Kbb used car values, dealers used car cost, kelley blue.
The kelley blue book has become one of the major merchandising devices of modern vehicle selling. Blue book cars is ready to show you how easy it is to find a quality used car in sanford. Kelley blue book auction values are conditionbased, which means the company offer several different auction values based on the condition of the vehicle. Since 1926, the kelley blue book has been the goto resource for future car owners looking to evaluate the vehicles they are considering. Determining the fair market value of a used car is easy with the kelley blue book used car pricing guide. Over 1,610,000 preowned vehicles for sale at certified. Kelley blue book has also added an auction value, which is what a used vehicle is expected to sell for at a wholesale auction. Let kelley blue book help you negotiate the best price for your vehicle tradein, find a dealer that has the car you want, and start the tradein process. Certified dealers are contractually obligated by truecar to meet certain customer service requirements and complete the truecar dealer certification program. The kelley blue book price advisor shows you what you should pay for.
Jan 27, 2012 kelley blue book is similar in that it offers target pricing information for used cars. Find used cars and new cars for sale at autotrader. Blue book cars believes in great service, fair pricing, and treating our customers right. All dealers nationwide autotrader new cars, used cars. Car shoppers place their trust and confidence in valuations from kelley blue book. Our values help customers come back as satisfied repeat buyers. Cars for sale search kelley blue books car classifieds for new and used cars for sale. Some people look to buy, and other seek to sell cars. Consumers accessed kelley blue book tradein values nearly 150 million times last year kelley blue book can help drive these buyers and inventory to your showroom.
Nada guides is the leader in accurate vehicle pricing and vehicle information. Kelley blue book is probably best known for trade in values and private party values for the car you already have. Kelley blue book and edmunds kelley blue book and edmunds are two of the most well known used car pricing guides in the united states. Apr 02, 2014 after entering all the necessary information, select continue to display the blue book value of your car. Compare prices and select specific criteria to narrow down the thousands of vehicles for sale. All vehicles must be six 6 model years or newer with less than 75,000 miles. Align your dealership with the most trusted thirdparty automotive brand kelley blue book. Blue book cars used cars car dealer in sanford, fl. Find a local car dealer to search for your next new or used car. Kelley defines this value as the expected starting price for a used vehicle that has been fully reconditioned and is available for sale by a car dealer. One of the most useful tools to use when searching for a vehicle sold by used car dealers is the kelley blue book.
Oftentimes, buying a brand new car is not within everyones price range so looking into buying a used car seems to be the best option. 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. Browse the car listing inventory of local dealers and private sellers near. The main difference between kelley blue book and nada tradein value is the data they use. Kelley blue book s pricing valuations are unparalleled. Thats why it makes sense to stay close to the kelley blue book values. You have to consider not just the type of vehicle, but the vehicle condition, mileage and options. The typical listing price value assumes that the vehicle has been fully reconditioned and has a clean title history. The kelley dealership continued to expand until it was the largest used car dealer in the country. Check car prices and values when buying and selling new or used vehicles. Pricing basics for usedcar buying knowing these used car terms helps you get a good deal.
In addition, for the easiest way to get rid of your current car, we offer the kelley blue book instant cash offer, an actual cash offer based on blue book values, redeemable today for cash or tradein at a network of participating dealers subject to terms and conditions. Pricing basics for usedcar buying knowing these usedcar terms helps you get a good deal. In 1962, the kelley family sold off their dealerships and focused entirely on the blue book. Get the best prices on great used cars, trucks and suvs for sale near you with edmunds. Get the kelley blue book value for your used car or tradein vehicle, find tools to help you with buying or selling, and even get a cash offer from a dealer in your.
In the end, many aspects of buying a used car can be difficult, but thanks to kelley blue book and autotrader. Kelley blue book new and used car price values, expert car. If youre not sure what you want, we can help you research new cars, configure a vehicle, and get new car prices. Kbb used car values, dealers used car cost, kelley blue book. Shop for new cars and used cars at kelley blue book. The offer is valid for 3 days not counting sundays and can be immediately redeemed during business hours at any participating dealer, pending inspection.
Trade in solutions for car dealers kelley blue book b2b. 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 is a great tool for consumers and dealers alike, and helps people buy used cars at fair prices every day. How to use the kelley blue book kbb to find values of used cars. Blue book used car values are determined by taking into consideration the equipment and options. The kelley blue book trade in value is the used car value that is most used by consumers, not as much by dealers, to get a rough, ballpark figure of what their trade in is worth. Since those early beginnings, kelley blue book has become the gotochoice among both dealers and.
Kelley blue book values blue book values kbb vs nadaguides. The kelley blue book lists kelley s dealer retail, privateparty and. 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. In 1993, the book was finally made available to the general public. Finding a used car on autotrader is the best way to start your next used car purchase. Get an instant cash offer and trade in or sell your car at a local dealership. Jul 17, 2017 kelley blue book price advisor helps car shoppers buy with confidence, and with our continued expansion of other tools to revolutionize car research, we continue to build our reputation as the most trusted advisor for the complete vehicle shopping experience. Mar 11, 2020 kelley blue book and edmunds kelley blue book and edmunds are two of the most well known used car pricing guides in the united states. It, along with kelley blue book and national automotive dealers association, track new and used car purchases to provide granular pricing information. 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. Easy kelley blue book guide to buy and sell like a pro. Kelley blue book fair market range used car the fair market range for used cars is kelley blue books estimate of what a consumer can reasonably expect to pay this week in their area for this year, make and model used vehicle with typical miles and configured with their selected options, excluding taxes, title and fees, when buying from a dealer. Similar to nadaguides, values published by kelley blue book rely on a constant flow of pricing information from various industry sources.