Kbb blue book

Kelley Blue Book is an IrvineCalifornia -based vehicle valuation and automotive research company that is recognized by both consumers and the automotive industry. InKelley Blue Book created its company website, which contained tips and pricing information from its hardcopy guide. Inthe company formed an alliance with Bitauto Holdings Ltd. The company reports market value prices for new and used automobiles of all types, kbb blue book, as well as kbb blue book, snowmobiles and personal watercraft.

The Blue Book or Kelley Blue Book is a guidebook that compiles and quotes prices for new and used automobiles and other vehicles of all makes, models, and types. First published in by Los Angeles car dealer Les Kelley, the Blue Book was originally only available to those in the automotive industry, but both a consumer edition and an online edition was made available in the s for the general public. The Blue Book provides a fair market range reflecting an estimated range of prices car buyers will pay for a specific car based on make, model, style, and year. Blue Book has become the premier appraisal guide for vehicle price quotes in North America. Car sellers and car buyers will consult the Blue Book to determine the resale value of used cars. Kelley Blue Book also provides an actual cash value for vehicles.

Kbb blue book

One sign of its popularity: In , over 20 million unique visitors per month visited the Kelley Blue Book website , today the number is likely even higher. Although automotive experts acknowledge that the Kelley Blue Book is one of the most popular and trusted guides in automotive pricing, the question remains: Is it accurate and reliable? Kelley Blue Book receives real-world used car prices from wholesale auctions , independent and franchised dealers, rental fleets, auto manufacturers, lessors , and private party transactions. Using this data, they make weekly updates to prices. That process results in 12 different used car values, in addition to several new car values. Some of the most crucial used car values are:. Some factors that could affect the accuracy of KBB values are lag time, consumer bias, and mismatched data. It takes time for data and analysis to make its way through KBB. Prices listed may not always reflect the very latest trends and economic conditions. Most people think the car they are selling or trading in is in better condition than it really is. Most dealers do not use KBB for trade-in wholesale values. More important, both tend to skew lower than KBB in wholesale pricing.

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We update our pricing weekly to give dealers and consumers the most up to date pricing. In order to better meet the needs of the industry, we produce values based on geographic regions. Each region is analyzed individually to reflect local pricing and local economic conditions. We leverage massive amounts of data, including actual transactions — then adjust for local market conditions and seasonal trends. Our Values reflect both wholesale and retail transactions to provide a degree view of the market. This insight, coupled with detailed auction transaction data from our sister company, Manheim, allows dealers to make confident buying decisions. Kelley Blue Book maintains relationships with large and small dealers and dealer groups. The data they provide is critical to our valuation methodology. This data is not customer-specific or confidential.

Kbb blue book

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The Orange County Register. Develop and improve services. Article Sources. Investopedia is part of the Dotdash Meredith publishing family. Blue Books show buyers and sellers of automobiles what prices others have paid—the so-called fair purchase price—to acquire vehicles of the same make, model, year, and comparable mileage and use. For those planning to rely on a loan for financing a vehicle purchase, an auto loan calculator is another tool worth adding to their arsenal. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy. OC Metro. Kelley Blue Book. The Blue Book or Kelley Blue Book is a guidebook that compiles and quotes prices for new and used automobiles and other vehicles of all makes, models, and types.

Vehicle Information This app will provide you with information to help with researching a vehicle or disposing of the one you have. You can find out what your current vehicle is worth, check prices for your next one, or find a dealer using maps and directions. The app allows you to view pictures and videos, and it features a Twitter feed.

Part Of. Irvine, California , U. NADA with J. Cox Enterprises. Kelley determines Blue Book values by analyzing pricing information from real-world used car prices, as well as industry developments, economic conditions, and location. The Blue Book analyzes the private party value, trade-in value, suggested retail value, and certified pre-owned CPO value for used cars. Archived from the original on February 24, The website features general pricing on used cars, information on reliability, cars to avoid, and much more. Kelley Blue Book is a very good resource, but it should not be the only one you consult. Blue Books show car buyers and sellers what prices others have paid to acquire vehicles of the same make, model, year, and comparable mileage and use.