Kelley Blue Book Value For Used Cars
Sacha Weakland
Kelley Blue Book, or KBB for short, is an automotive shopping website. The company dates back to the late 1920s, when it published an actual blue book that dealerships referenced to provide car values and pricing information. Kelley Blue Book's car prices were so commonly used by dealerships that the term "Blue Book" became a part of dealership lingo, and many car shoppers eventually adopted it as well.
But Kelley Blue Book isn't the only place to find car prices these days. Here on Edmunds, we have similar pricing data on cars and much more. When a car buyer asks for the "Blue Book price," what they actually mean is that they're looking for an accurate car value in the current market.
The market value can be used in a number of buying and selling scenarios. If you're a new- or used-car buyer, you can use the Edmunds or Kelley Blue Book car price to help determine a fair market range to pay at the dealer. If you're selling your vehicle, you can use the values to check what its trade-in value is.
When determining the value of your used car, Kelley Blue Book will give you a price based on four condition levels: Fair, Good, Very Good and Excellent. Many people tend to overinflate their car's value and label it "excellent" when, according to Kelley Blue Book, only 3% of vehicles fit that description. Good, or perhaps Very Good, would be a better starting point for the condition of your used car.
If you're looking to sell your pre-owned car, Kelley Blue Book offers a service much like Edmunds' popular instant offer program. One major advantage of the Edmunds program is that you won't be contacted by numerous dealerships and are free to redeem your offer within seven days.
Ultimately, Kelley Blue Book is a good resource to use when trying to determine your vehicle's value or when shopping for a new car or used car. But Edmunds offers successful services that compete directly with what Kelley Blue Book provides, so we suggest saving yourself a few clicks and letting us help you find your perfect next car.
Do you want to trade in your car and get behind the wheel of a reliable new or used vehicle? If so, you've come to the right place. Here at Lancaster Dodge Ram FIAT, the auto financing professionals in our finance center are highly skilled when it comes to getting you the best trade-in value for your car in Lancaster, Pennsylvania. Ready to get started? Value your trade with us online now!
Whether you're interested in our huge selection of new vehicles or our wide variety of quality used cars near Reading, PA, you can't go wrong on the price or the savings at our Lancaster, PA dealership. And thanks to our online payment estimator, planning ahead according to your budget is easy. Excited to get top trade-in value for your current vehicle and uncover the extra savings you deserve? Trade in your car with the experts at Lancaster Dodge Ram FIAT today!
Why choose Lancaster Dodge Ram FIAT as the place to value your trade in Lancaster, PA? When we evaluate trade-ins, we take the time to get you the best trade-in value possible. And thanks to our online auto financing application, which helps streamline the trade-in and car-buying process, you can trade in your car and make a move on a great new vehicle all in one day. To find out more about how you can value your trade, give us a call now!
Black Book is what dealers usually refer to when trying to figure out how much a used vehicle or trade in is worth. Black Book originally began in 1955 literally as a black book containing weekly car values for every vehicle and every region in the country. Today Black Book ( ) is available via the web or mobile through a paid subscription.
Black Book offers various paid subscription options. The main subscription that Dealers use includes trade in values and information on cars and light trucks. These vehicle appraisals help dealers calculate vehicle leases and used car and truck prices.
If you want to know what the dealers know when buying a used car, the Black Book mobile application is a great tool to use. Because they offer monthly memberships, it will not cost a ton to be really informed.
Historically Kelley Blue Book gathered vehicle cost data information through vehicle auctions, which often can inflate the price compared to how Black Book calculates their trade in and used vehicle prices.
Beyond both Black Book and Kelly Blue Book, another useful tool for figuring out vehicle price is NADA ( ). National Appraisal Guides, Inc. is the largest publisher of vehicle pricing, information and tools for new and used cars.
As a rule of thumb Kelley Blue Book values are a pretty good indicator to use when buying vehicle from an individual or when selling a vehicle to an individual. The Blue Book values tend to be a little on the high side when buying used vehicles from a dealership or when trading in a vehicle.
Black Book Vehicle Pricing. The Black Book is what dealerships typically use to lookup pricing information about new, used car, truck, and recreational vehicle prices. Black Book updates the Dealer invoice and Manufacturers Suggested Retail Prices (MSRP) weekly. Dealers also use the Black Book loan values for finance purposes.
As stated above, the Black Book is what dealers usually refer to when trying to figure out how much a used vehicle or trade in is worth. Consumers will typically use Kelley Blue Book values when estimating new and use vehicle costs.
In realistic terms both Kelley Blue Book (KBB) and Edmunds give an approximation of vehicle value based on various sources. Both the Kelley Blue Book and Black Book are generally used when buying a car from a dealership.
You can think of the Black Book values as an estimated wholesale value of a vehicle that dealers use to ensure profits when buying or selling used cars. From a consumer standpoint, a dealer will always look to make a profit, so you can expect to pay over the Black Book value when buying used and under the Black Book value when trading in or selling your vehicle to a dealer.
Finding the right buyer for your old vehicle is simple. Visit Pacifico Ford in Philadelphia, PA., and elevate your lifestyle to greater heights. With our convenient KBB Instant Cash Offer tool, it's never been simpler to sell your used vehicle for a great price. Start the process today, and make your wallet happy.
It's true. Selling your vehicle leaves you with a variety of options. We offer outstanding new and pre-owned Ford cars, trucks, and SUVs, so you're certain to enjoy a great ride. But if you're not in the market for your next vehicle, you can still sell us your car without obligation. It's our way of helping you achieve your dreams with as little stress as possible.
Your car is unique. We require details about your vehicle, its health, and any modifications to make a fair assessment of its worth. During this step, you'll answer a few questions and provide information regarding your vehicle's key points. The more information you provide, the better. Have you upgraded the security system? Is there any damage? Any aftermarket modifications we should be aware of? Let us know about your vehicle, and we'll give you an estimate you can count on.
After providing your vehicle details, you'll receive confirmation of your Instant Cash Offer and the length of time for which the offer is good. Please include your contact information to receive your offer, and you'll receive your KBB Instant Cash Offer within minutes. Bring your offer when you visit, and you can hit the ground running.
Schedule an appointment, and one of our experienced staff members will evaluate your vehicle. After our expert assessment, we'll provide you with a final determination of your vehicle's worth and make you an offer. The process takes about as much time as enjoying a great cup of coffee. Visit us today to get started.
You've received your offer and accepted. Fantastic! All that's left is to get paid. In most cases, you'll receive your check the same day. If you prefer to use your vehicle's value as a trade, we'll complete the paperwork, and our experienced sales team will work with you to find your dream ride. Regardless of what type of vehicle you're after, our team will work hard to fulfill your dreams. It's one more way that we're here to serve you.
There are many great reasons to shop at Pacifico Ford. When it comes to offering great tools that keep you on the road longer, we're leaders in the field, hands down. Start your next great adventure when you value your trade. When you're ready to make a move, take the next step and sell us your car.
We know that some customers get queasy just thinking about trading in their car, truck, SUV, or minivan at a dealership. They feel like they won't get enough for their trade and that it will be a painstaking process that leaves them frustrated and upset. It doesn't have to be that way. At Lithia Toyota of Redding, located at 250 E Cypress Avenue in Redding, CA, we want to make the process of trading in your car easy and stress-free. One of the ways we do that is by giving all our customers access to the Kelley Blue Book (KBB) trad evaluator tool.
Our dealership believes that you should get a fair market value for your current vehicle. We also believe that it shouldn't be hard to get that number. With the KBB trade evaluator tool, you can get the market value of your vehicle in a matter of minutes. KBB has been a trusted resource for all things automotive for many customers over the last several years. They are the place that many folks use as their hub for determining what their vehicle is worth. Lithia Toyota of Redding believes that transparency is important when it comes to auto sales and wants our customers to have access to all the same information we have when it comes to trading their car.
Using the KBB trade evaluator tool is the simplest way of getting the market value of your vehicle. It all starts with you providing your license plate number, VIN, or the year, make, and model of your vehicle. Once you've given that information, you will be asked about the color, mileage, and condition of your vehicle. You'll also be asked to give any specifics about any mechanical issues with your car. It is very important that you give as much detail as possible when answering the questions so your estimate can be as accurate as possible. Once you've completed those steps, the KBB trade evaluator will send you an instant cash offer you can redeem at our dealership.
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