"NADA Used Car Guide begins its valuation process with data collection, grouped generally into two categories: transactional data and market data. NADA Guide supplied us with this overview:
Power & Associates (while still based in Northern Virginia), a spokesman for the NADA Guide: The Yellow Book Now owned by J.D. From those, Kelley Blue Book then sets wholesale values based on what are called 'front line' (as in 'traffic stopper') vehicles, which also includes costs for reconditioning, transportation and auction fees. It rates its used car evaluations as Excellent, Good, Fair and Poor. Kelley Blue Book has historically collected its information by attendingĪuctions throughout the country. Kelley Blue Book, with more than 20 million unique visitors each month, promotes itself as offering the largest new and used car audience online." Kelley Blue Book As suggested by a KBB.com spokesman, "with 90 years of trust in providing the auto industry with data and several decades of providing car shoppers with valuable information, Kelley Blue Book's KBB.com allows consumers to become the experts on their purchase, helping fuel definitively smart auto choices with editorial reviews, pricing tools, consumer ratings and more." Notable, also, is the intuitive nature of the value search, and a trade-in range that seems more optimistic than that offered by Black Book. There are three principal reference sources heading a wide array of vehicle pricing information available today through printed matter, the Internet, and a varied assortment of online communicators, including – of course – What, actually, is a Blue Book? Who started this whole arbitrary pricing bible? How accurate are they and how do they get their numbers? Most importantly, do they provide truly valuable information to help you get theīest deal, whether you're buying or selling new or used? Read on.įind out how much your car is worth with Autoblog's Used Car Book Values tool. From used car lots to newĬar dealers, they all claim to sell cars at or below Blue Book while buying your trade-in well above Blue Book! Kelley Blue Book has become one of the major merchandising devices of modern vehicle selling. Used car insider's term like 'cream puff' or 'cherry', but today the phrase is, uh, all over the lot. Truck or SUV, you can't get away from what we'd call Blue Book mania.
"Blue Book pricing!" "We're selling below Blue Book!" "Get true Blue Book value for your
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