The difference between kelley blue book and nada tradein. Nada blue book was created in print in 1971 and went online in 2000. Kelley blue book has made it easier than ever to access the uptodate values most relevant to industry, including lending value and auction value. Whats my car worth used car trade in values and resale values. Recreational vehicle pricing guides kelley blue book is an amazing place that collects and preserves. Good thing kelley blue book has over 90 years of experience with used car pricing and weve done the analysis for you. Feb 28, 2020 the blue book or kelley blue book lists new and used car prices, helping car buyers determine the fair market value and tradein value of automobiles. Kbb is a multidecade old automobile research company. Dealers can use both kelly blue book and nada values depending on their preference. The main difference between kelley blue book and nada tradein value is the data they use kelley blue book gathers information to determine pricing by using information from. By far the most popular vehicle guide, kelley blue book atv falls under the category of motorcycles.
Kelley blue book values blue book values kbb vs nadaguides. The nada used car price guide is a set of consumer reports similar to the kelley blue book and to the edmunds guide. Depending on the method of disposal, there actually may be more than one blue book value for the consumers car, truck or suv. Both the guides serve buyers and sellers with lots of vehicle types, price calculation, and also vehicle values according to the proprietary methods. Kelley blue book collects its information by consistently attending and analyzing results and prices from car auctions. More qualified to compare prices of used car blue book or black book. The blue book or kelley blue book lists new and used car prices, helping car buyers determine the fair market value and tradein value of automobiles. The kelley blue book price advisor is a rangebased pricing tool to help car buyers and sellers talk about price realistically. When it comes to selling your car, you want the best price you can get, and studies have shown that black book car pricing, on average, are lower than the tradein amounts shown in either the kelley blue book or in the nada and edmunds listings. Nada guide, black book and kelley blue book compared autoblog. For almost eighty years, nada guides and kelley blue book have served as a guide for establishing price points, helping buyers and sellers fairly negotiate the.
It is really easy to find out the value of your motorcycle on kelley blue book. Finally, a fair purchase price tool provides a snapshot of a vehicle s actual selling price from tens of thousands of sale transactions. Oct 07, 20 car dealers are experts when it comes to deciding a tradein price. Research from a recent cox automotive car buying journey study. How to use the nada guide for determining automobile values. It provides the easiest to read guide, organizing the vehicles by make, then model, then.
Kelley blue book and nada guides are the two reliable sources of information to evaluate your used cars, used motorcycle, atvs, rv and trucks. Kelley blue book kbb is an automotive shopping site. It was initially developed to alleviate taxes on automobile sales, and for this reason today it is used primarily. I was recently in an accident and it wasnt my fault. Since 1926, kelley blue book has been one of the bestknown names in the auto industry in the united states. Nada guides often recognized as the premier publications in their industry, both guides can be counted on to provide unbiased facts and serve as an. Because each company uses a proprietary formula to calculate the value of the vehicle, you should. The nada blue book is the official retail price listing for the national automobile dealers association, a national trade group that incorporates thousands of car dealers. The nada blue book is the official retail price listing for the national automobile dealers association. Today, kelley blue book extends the tradition internationally, with trusted values and a reputation for innovation, including resources to help you research, price and shop for the car youve been looking for. In the kbb, you can find values of camper vehicles that are over two decades old.
Now in adds they will so much off kelley or edmunds. 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. But if you check nada that price will be right on nadas or real close. Kelley blue book is heavily used on the west coast, black book in the southeast, and nada is more widespread nationally due to its heavy dependency from financial institutions in regards to loan originations. Blue book used car values are determined by taking into consideration the equipment and options.
Determining the fair market value of a used car is easy with the kelley blue book used car pricing guide. Find out what your car is worth at, the trusted resource for used car values. Recreational vehicle pricing guides kelley blue book is an amazing place that collects and preserves prices for all kinds of vehicles. Why are nada values so much lower than kelley blue book values. Sep 11, 2016 this is how you properly use kelley blue book to get a real idea of what someone would be willing to pay for your vehicle. Apr 03, 2014 use the average and clean values if your car looks better.
The reason for this is that nada assumes the vehicle to be in relatively good condition which in turn has earned kelley blue book the reputation for more accurately reflecting the buyers objective. Kbb only publishes values of cars back to 1946, while nada s prices date back another 20 years to 1926. Kelley blue book used car guide consumer edition july september 2015 consider this pricing your car or flip with kelly blue book just my thoughts on using kelly blue book. Nada guides is a fantastic alternative to kelley blue book. These three sites and authorities are considered to be the most reliable when it comes to determining car price values. The kelley blue book values are sometimes lower than the nada values since the nada algorithm calls for all tradeins to be in very clean condition. The kelley blue book editors said they honored the civic as the overall best buy for the second year because of the civics unsurpassed allaround. The main difference between kelley blue book and nada tradein value is the data they use. Counting on nada and kelley blue book to know your motorcycle. Car blue book kelley blue book, nada guides and provide free used car values online. Using nada guides or kelley blue book to determine a boats.
When buying a used car, its usually hard to know what a fair price is. Use the average and clean values if your car looks better. Kelley blue book values reflect local conditions in over 100 different geographic regions and are updated weekly to give consumers the most uptodate used car pricing information. The kelley blue book guide to camper values used cars and. What is your car worth and what is your vehicle book value. The kelley blue book private party value is the starting point for negotiation of a usedcar sale between a private buyer and seller. The kelley blue book editors said they honored the civic as the overall best buy for.
Since 1926, kelley blue book has been one of the most trusted names in the auto industry. Quick values is flexible enough to serve organizations of any size. Simply put, the kbb can provide both car buyers and sellers with information ranging. Nada guides and kelley blue book have an extensive history in providing organizations and customers with accurate vehicle pricing and information. Nov 17, 2014 back to the books, since each of the three value data industry leaders claim to offer the most accurate information and the best deal to buyers and sellers, aol autos decided to investigate by researching the used car values of three different types of vehicles in each of the three books, kelley blue book, black book and the nada guide. The kelley blue book for rvs would seem to be the simple way to price your unit. Check car prices and values when buying and selling new or used vehicles. 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. Kelley blue book also calculates and provides values for the suggested price of an automobile at automakeraffiliated certified preowned dealerships. Ask any used car dealer what the most accurate guide book is and you will likely get very different answers depending on what part of the country you are located in. New car prices and used car book values nadaguides. Jan 10, 2020 the kelley blue book for rvs would seem to be the simple way to price your unit. This is an as is value that does not include any warranties.
Why are nada values so much lower than kelley blue book. Black book gets its prices for used cars based on the weekly amounts that cars sell for at wholesale. It is one of many tools used by car dealers to determine car values for their inventory. Nada guides often recognized as the premier publications in their industry, both guides can be counted on to provide unbiased facts and serve as an essential tool during the car buying process. Kelley and edmunds are always high in their prices. Top nada blue book car value deals at mysimon find. For example, both kelley blue book nada classifies any car or truck over 20 years old into their classic category. Nov 25, 2019 ask any used car dealer what the most accurate guide book is and you will likely get very different answers depending on what part of the country you are located in.
If you anticipate going to a dealership for your final purchase, it would be best to know the nada atv values listed over any other. It is imperative that you compare notes from the nada guide, kelley blue book, and the edmunds car values that are available online just like the nada pricing. Car dealers are experts when it comes to deciding a tradein price. Get the kelley blue book value for your used car or tradein vehicle, find. They all use the kelley blue book for used car values when trading iin your car or buying a used car. How to use nada and kelley blue book to find the value of. 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 how you properly use kelley blue book to get a real idea of what someone would be willing to pay for your vehicle. It is imperative that you compare notes from the nada guide, kelley blue book, and the edmunds car values that are available online. When it comes to selling your car, you want the best price you can get, and studies have shown that black book car pricing, on average, are lower than the tradein amounts shown in either the kelley blue book. They will use a number of resources, namely kelley blue book and nada tradein value, but they mainly rely on their years of.
Kelley blue book new and used car price values, expert car. Ever since the mid1900s theyve been providing updates on usednew car and motorcycle prices. Nadaguides national appraisal guides and kelley blue book both have a long history devoted. The final sales price depends on the cars actual condition and local market factors. Used car values, price guide and tradein estimator. Nadaguides national appraisal guides and kelley blue book both have a long history devoted to providing consumers and businesses with accurate vehicle pricing information. You have to consider not just the type of vehicle, but the vehicle condition, mileage and options.
How reliable is the nada used car price guide carsdirect. It was initially developed to alleviate taxes on automobile sales, and for this reason today it is used primarily by dealerships in regards to new vehicles as opposed to used vehicle sales. Research the latest new car prices, deals, used car values, specs and more. Nada guides, unlike kelley blue book, has a specific motorhomes section. By simply filling in a little information year, make, model, mileage, and vehicle condition kelley blue. Back to the books, since each of the three value data industry leaders claim to offer the most accurate information and the best deal to buyers and sellers, aol autos decided to investigate. Nada guides is the leader in accurate vehicle pricing and vehicle information. If you are looking for a value on motorcycles, get details here. Kelley blue book collects its information by consistently. Get used car values with edmunds car value appraisal tool. You might say we literally wrote the book on car values.
Nada blue book values for used cars, certified preowned cars and more, brought to you by the national automobile dealers association. Today, kelley blue book extends the tradition internationally, with trusted values and a. By far the most popular vehicle guide, kelley blue book. Kelley blue book reports used car values for a variety of buying and selling transactions. Always remember that your car is only worth what someone is willing to. According to the kelley blue book, one out of three people use the kelley blue book when looking to buy or sell a car within the united states. Our retail values are intended to represent the sale price of a clean vehicle at a car dealer. Because each company uses a proprietary formula to calculate the value of the vehicle, you should compare pricing provided and refer to how each company calculates their blue book pricing when assessing the value of your car.
891 1202 385 721 1283 21 1440 373 445 1181 1163 1147 513 372 674 1097 856 620 150 341 982 408 1103 163 836 1601 41 1115 29 1295 215 1414 1401 1159 1409 590 541 86 1227 855 1027 297 256 1252 1056 986