Those guides are references by many dealerships and buyerssellers in order to determine. Dealership new scam, nadablue bookblack book value. Compare real, custom loan offers from multiple lenders in minutes. If youre thinking of using a used car prices book to help you in your used car. Kelley blue book says one thing and nada says another. As a result, you may need to adjust nada prices down. When buying or selling a used car, many people rely on the kelley blue book. As we know that kelley blue book is a website that will show information about the estimated value of your vehicle if you want to trade it in as well as show the retail value. 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. 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.
Finding the blue book value of your new and used firearms, including pistols, rifles, shotguns, airguns, and blackpowder guns is easy with the number one source of gun pricing. Originally published as blue book of motor car values, the kelley blue book has been in use since 1926, when les kelley, a. This kind of big car needs careful research before making the decision to buy one. Kelley blue book has made it easier than ever to access the uptodate values most relevant to industry, including lending value and auction value. Get the kelley blue book value for your used car or tradein vehicle, find tools to help you with buying or. Nada guides is a comprehensive vehiclelisting website that publishes bluebook type specifications, research material, and pricing information on boats and personal watercraft as well as other types of.
Nada blue book was initially designed to list prices strictly for dealerships, while kelley blue book takes local prices, private sales, and auctions into consideration in its price listings. Since nada guide operates primarily with new vehicles, which are typically in excellent condition, they list higher values. Kelley blue book how does it compare to market value. Finally, a fair purchase price tool provides a snapshot of a vehicles actual selling price from tens of thousands of sale transactions. At one time the blue book value was a used car insiders term like cream puff or cherry, but today the phrase is, uh, all over the lot. Car dealers are experts when it comes to deciding a tradein price. Kelley blue book vs nada guides andy mohr auto indiana. I was recently in an accident and it wasnt my fault.
Nada blue book values for used cars, certified preowned cars and more, brought to you by the national automobile dealers association. Why are nada values so much lower than kelley blue book. Both the kelley blue book and the black book provide tradein and retail values on used cars. At one time blue book value was a used car insiders term like cream puff or cherry, but today the phrase is, er, all over the lot. Nada guide, black book and kelley blue book compared autoblog. Research the latest rv prices, book values and motorhome msrp prices for all rv manufacturers. The reason for this is that nada assumes the vehicle to be in relatively good condition which in turn has earned. Kelley blue book gives users the option to list the condition of the vehicle on a range from excellent to poor, which will adjust the price and value, resulting in a more accurate quote. Kelley and edmunds are always high in their prices. Nadaguides national appraisal guides and kelley blue book both have a long history. Kelley blue book values blue book values kbb vs nadaguides. The most common of point sources which provides an easy reference for values of different makes and models of motor. The structure of the vehicle values provides the differentiation between the two groups.
Whether youre buying or selling a car, or even just conscious these days, you cant get away from blue book mania. Kelly blue book kbb and the national automobile dealers association nada are. The main difference between kelley blue book and nada tradein value is the data they use. In 1926, les kelley created the signature kelley blue book. Get used car values from black book with our car pricing guide. Nada pricing is often higher than kelley blue book since the algorithm has a standard that calls for all tradeins to be in very clean condition. Neither kelley blue book nor nada provide commercial truck values online for free. They help buyers, sellers, dealerships, and just about everybody else to better understand what a fair price is and is not. Boat prices and values research new and used boat pricing, specs, photos and more for anything from power boats to personal watercraft start here. Why are nada values so much lower than kelley blue book values. Counting on nada and kelley blue book to know your.
Get the kelley blue book value for your used car or tradein vehicle, find. Because each company uses a proprietary formula to calculate the value of the vehicle, you should. Kelley blue book and edmunds are two of the most well known used. The kbb or kelley blue book, and the nada guide will help you out. However, the blue book also provides figures on new cars and privateparty sales and its rating system on used. The difference between kelley blue book and nada tradein. How to find free blue book values of a dump truck free links 1 dump truck values. The used car prices black book and blue book values serve different purposes. Kelley blue book gathers information to determine pricing by using information from car auctions.
While the companys residual value guide has been published since 1982, kelley blue book established its annual best resale value awards in 2003. Kelley blue book vs edmunds used car price guide most individuals buying or selling cars will use mass market guides to help gauge market prices. The difference between kelley blue book and nada tradein value explained. Car blue book kelley blue book, nada guides and provide free used car values online. The kelley blue bookand its equally popular web siteis one of the most trusted guides for automobile pricing, used by those who are buying or selling cars. Get used car values with edmunds car value appraisal tool. You have to consider not just the type of vehicle, but the vehicle condition, mileage and options. 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. Find out what your car is worth at, the trusted resource for used car values. Keep in mind that nada usually calculates a value that is higher than kelley blue book. The name itself originates from an old registry which lists those of high society and was named. 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. Similar to nadaguides, values published by kelley blue book rely on a constant flow of pricing information from various industry sources. When buying a used car, its usually hard to know what a fair price is.
I am starting my used car buying research on the honda crv with the ex trim years 20032006. Nada vs kelley blue book nada blue book, nada guide. Kelley blue book also calculates and provides values for the suggested price of an automobile at automakeraffiliated certified preowned dealerships. Kelley blue book kbb is an automotive shopping site. 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. Nada guides and kelley blue book have an extensive history in providing organizations and customers with accurate vehicle pricing and information. 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. Unsure of whether to check kelley blue book or nada guides when trading in. Kelley blue book gathers information to determine pricing by using information from car auctions throughout the country. From those, kelley blue book then sets wholesale values based on what are. The discrepancy can be attributed to the simple fact that kelley blue book and nada guides use two different methods for calculating a vehicles value. Kelley blue book is probably best known for trade in values and private party values for the car you already have. They will use a number of resources, namely kelley blue book and nada tradein value, b. In the most basic sense, kelley places a large amount of emphasis on mileage, condition, features, and popularity, while nada tends to focus on the vehicles wholesale price i.