Kelly blue book kbb and the national automobile dealers association nada are two other popular providers of valuation. Canadian red book the canadian red book vehicle valuation guide claims to be designed for fast, accurate, easy reference. In canada, the black book, red book and sanford evans gold book are the top three. Both the red book and blue book show approximate retail prices in grades that the coins are most often seen. The green zone is the kelley blue book fair market range cpo, which reflects current market conditions for a selected vehicle with the buyers chosen options in their location. Our values are the results of massive amounts of data. The kelley blue book and black book both claim to be the most accurate source of information when it comes to pricing used cars, but they actually serve different purposes. What do dealers really mean when they refer to the blue book price. Kelley blue book is probably best known for trade in values and private party values for the car you already have. Kelley blue book answers growing demand for certified vehicle.
The kelley blue book price advisor designed to minimize and ease price negotiation between sellers and shoppers as consumers gain more and more visibility into the car shopping process, new opportunities have been created for dealers to differentiate themselves by understanding the needs of shoppers and providing transparent marketbased pricing. Finally, a fair purchase price tool provides a snapshot of a vehicles actual selling price from tens of thousands of sale transactions. If your car is a year or so older than that, check the site anyway, as it sometimes has a couple of extra years in its database. Feb 28, 2020 the kelley blue book is the most popular usedcar buying guide.
We provide car valuations online, as well as services internationally to leaders in the automotive industry. 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. Black book used car values kelly black book nadaguides. 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. Black book is the canadian version and is what the dealers use to assess wholesale value of a vehicle.
To see what people in your area are paying for their new trucks, check out the kelley blue book fair purchase price. Blue book values on the kelley website officially go back 21 years. Blue book used car values are determined by taking into consideration the equipment and options. In 1926, les kelley created the signature kelley blue book. Kelley blue book values blue book values kbb vs nadaguides. What is the difference between kelley blue book and kelley. If you want access to more than just prices, the red book is the right choice. By kelley blue book how to download or read online kelley blue book used car guide. The kelley blue book and black book are both price guides for used vehicles, but theyre used in radically different ways. Kelley blue book in irvine is struggling to find its identity as in relates to our location, brand and corporate. When it comes to buying or selling a car, its important to take advantage of the tools available for you.
Nada guide, black book and kelley blue book compared autoblog. Since 1926, kelley blue book has been one of the most trusted names in the auto industry. The kelley blue book has been trusted by many buyers since 1918. 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. Autoblog explains the difference between the nada guide, black book. Unlike many of my peers, i came to law school without a whit of legal background. Updated for the needs of a newage, cpo car shopper, the kelley blue book cpo price advisor is utilizing granular data to equip consumers with the most uptodate information possible when buying a certified vehicle, said. Evolution of the blue book changes to kelley blue book. About kelley blue book if youre searching for used car pricing information, then youll want to use the most trusted source in the car business.
Check car prices and values when buying and selling new or used vehicles. Used car values, price guide and tradein estimator. Kelley blue book is an irvine, california based vehicle valuation and automotive research company that is recognized by both consumers and the automotive industry. If its totaled you can get the kelly blue book value site here. 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. Nadabut, nada is usually used by banks or car dealers to show you an inflated price value. What is your car worth and what is your vehicle book value.
Consumer edition, julydecember 2005 by kelley blue book book is also a book that is very popular with servey highest number of sales. Kelley blue book co, inc april june 2016 edition edition april 7, 2016 language. Formally known as the kelley blue book, it was originally. Both books claim to be the more accurate source of used car pricing guides. Used 2018 ford f150 supercrew cab pickup used 2018. Find 2005 kelley blue book values at the best price. About kelley blue book values new and used car price. When it comes to realizing the blue book price when selling a used car outright, sellers often find their expectations are set too high. When youre visiting a dealership, you can walk in confidently with the kelley blue book tradein value and tradein range for your car.
Kelley blue book reports used car values for a variety of buying and selling transactions. Redbook is the preeminent provider of car prices, values, vehicle identification and pricing information in australia and the asia pacific region. The prices might be different since the books are published using data from different sources and may be a year or so behind the current market. Both the kelley blue book and the black book provide tradein and retail values on used cars. The used car prices black book and blue book values serve different purposes. Now published quarterly, the consumer edition of the kelley blue book used car guide includes current tradein values, private party values, and suggested retail values on more than 10,000 models of used cars, trucks, and vans. Kelley blue book also provides dealer invoice pricing for new cars and tradein values for used cars. The major advantage to the red book over for example coin worlds trends is the great info that is provided for each type of coin. But, if you are living in canada, that is a different story. If you choose to sell your car yourself, the private party value stands as a starting point. Whats the difference between the red book and the blue. Find out what the kelly blue book value of your car is. Heres a look at just how trustworthy it is plus a comparison with the competition.
The kelley blue book is the most popular usedcar buying guide. Kelley blue book answers growing demand for certified. Black book values focuses on data points that can help lenders and dealers better identify vehicles with lower risks and higher potential profitability. Kelley blue book the chevrolet suburban is allnew for 2021, marking a revamp for one of the largest 3row suvs available. Covering 15 model years, the book includes vins, original list. I had heard of no book of any color except redbook a socalled womens magazine, for those not in the know and i had certainly never stepped foot in a law firm that remains true today. The kelley blue book private party value reports on a fair price when selling the car to an individual instead of doing a dealer trade in. This is an as is value that does not include any warranties. Kelley blue book recaps 2014, forecasts 2015 automotive trends. The company is owned by the cox automotive subsidiary of cox enterprises.
Kelley blue book also calculates and provides values for the suggested price of an automobile at automakeraffiliated certified preowned dealerships. Black book is the canadian version and is what the. Black book auto value by sarah brumley the kelley blue book and black book are both price guides for used vehicles, but theyre used in radically different ways. We continue to encounter change and many team members struggle with it. Black book the kelley blue book is another car valuation guide that attempts to estimate the value of used cars. I had heard of no book of any color except redbook a socalled womens magazine, for. 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. Today, kelley offers guides for new cars, used cars, older cars dating back to the 1940s, as well as motorcycles and recreational vehicles like motor homes and camping trailers. Jan 07, 2014 both the red book and blue book show approximate retail prices in grades that the coins are most often seen. Covering 15 model years, the book includes vins, original list prices, easytouse equipment schedules with values for. Hello kelley blue book facebook fans are about to lose my voice, but before we do that, i should point out hollywood on a staggeringly beautiful day, so, if youre not a beautiful part of country, i apologize and were gonna talk about cars were gonna talk about kelley blue book best buys to help us to guys. Therefore, you should never use nada books for real references.
Sep 25, 2014 kbb is the wholesale valuations and average market valuations for the united states. The name itself originates from an old registry which lists those of high society and was named the blue book. Theres light at the end of the tunnel but it feel like its going to be awhile before we get there. Kelley blue book new and used car price values, expert car. The kelley blue book is a car valuation guide for new and used cars from the consumers side, supplying prices of cars. By 1996, consumers could visit the companys website, to find values for new and used cars. The black book is also popular, though not as old, as it was started. As far as resale value goes, the 2018 ford f150 holds its own among its competitors, with the toyota tundra being the standard bearer of the bunch. They have been around since 1918, while black book started in 1955. Top 3 tools to determine your cars value car news auto123. May 19, 2008 as mark stated, the blue book is wholesale prices. The thing is, all the resources which helps individuals such as car enthusiasts, dealers, and those who look to buy a car only refers values applicable only in the united states.
Blue book is a guidebook that compiles and quotes prices for new and used automobiles and other vehicles of all makes, models and types. You might say we literally wrote the book on car values. 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. Consumer edition january march 2017 kelley blue book used car guide consumer edition at. The kelley blue book trade in range shows what a consumer can expect to receive for their car this week when trading it in at a dealer. The keywords from above are suggested and starting. 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. Although the kelley blue book dates to the 1920s, it didnt publish a consumer edition until 1993. Official kelley blue book used car guide consumer edition. Kelley blue book canada nada blue book, nada guide.
Kelley blue book how does it compare to market value. The blue book is the vehicle information resource used by consumers and the automobile industry to establish price guidelines. Consumers are apt to run across black book values only when they sell their cars to vehicle resellers. The canadian red book gives you a complete listing of cars and light duty trucks that is updated. The blue book is where drivers look to know what amount they can expect to purchase a vehicle or sell a vehicle for. Sure, it is lacking vs specialized books, as in, the varieties from overtons bust half dollar book, but as a. The retail blue book value, as defined by kelley blue book kbb is their suggested retail value msrp for used cars and is the expected starting price for a used vehicle that has been fully reconditioned and is available for sale by a car dealer.
However, the blue book also provides figures on new cars and privateparty sales and its rating system on used car conditions is different from the black books. In 1918, les kelley, a businessman from arkansas, founded a car dealership with no more than three model t fords. Whats the difference between the red book and the blue book. The final sales price depends on the cars actual condition and local market factors. The company began as the kelley kar company founded by les kelley in 1918. Published quarterly, the consumer edition of the kelley blue book used car guide includes current tradein values, private party values, and suggested retail values on more than 10,000 models of used cars, trucks, and vans. The kelley blue book is more widely accessed by consumers than is the black book, which is subscriptionbased. Kelley blue book new and used car price values, expert. The kbb also creates its estimates based on auction data, but it focuses more on the retail and private party resale value of cars than the black book. The kelley blue book gets more traffic when it comes to being used by buyers. Much more detailed and encompassing than the blue book, the red book is used by both collectors and dealers on a daily basis.
268 330 130 1304 1056 13 697 795 1060 1262 721 1516 1510 1119 744 516 1340 1033 87 1336 234 1312 1475 1179 1588 1502 1331 1390 105 270 1210 1400 23