The name itself originates from an old registry which lists those of high society and was named. 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. In 1926, les kelley created the signature kelley blue book. Nadaguides national appraisal guides and kelley blue book both have a long history. Get the kelley blue book value for your used car or tradein vehicle, find tools to help you with buying or. 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. You have to consider not just the type of vehicle, but the vehicle condition, mileage and options.
Kelley blue book values blue book values kbb vs nadaguides. 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. 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. While the companys residual value guide has been published since 1982, kelley blue book established its annual best resale value awards in 2003. 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. 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 reason for this is that nada assumes the vehicle to be in relatively good condition which in turn has earned.
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. 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. Kelley blue book gathers information to determine pricing by using information from car auctions. Kelley blue book has made it easier than ever to access the uptodate values most relevant to industry, including lending value and auction value. Whether youre buying or selling a car, or even just conscious these days, you cant get away from blue book mania. Unsure of whether to check kelley blue book or nada guides when trading in. Those guides are references by many dealerships and buyerssellers in order to determine. Compare real, custom loan offers from multiple lenders in minutes. 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. Car blue book kelley blue book, nada guides and provide free used car values online. Nada guide, black book and kelley blue book compared autoblog.
The used car prices black book and blue book values serve different purposes. Kelley blue book says one thing and nada says another. 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 vs kelley blue book nada blue book, nada guide. Nada blue book values for used cars, certified preowned cars and more, brought to you by the national automobile dealers association.
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. Counting on nada and kelley blue book to know your. As a result, you may need to adjust nada prices down. Kelly blue book kbb and the national automobile dealers association nada are. Neither kelley blue book nor nada provide commercial truck values online for free. 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.
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. 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. Kelley and edmunds are always high in their prices. Why are nada values so much lower than kelley blue book. Kelley blue book vs nada guides andy mohr auto indiana. Both books claim to be the more accurate source of used car pricing guides. Kelley blue book how does it compare to market value. The main difference between kelley blue book and nada tradein value is the data they use. Get used car values with edmunds car value appraisal tool. Because each company uses a proprietary formula to calculate the value of the vehicle, you should. I was recently in an accident and it wasnt my fault. 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. They help buyers, sellers, dealerships, and just about everybody else to better understand what a fair price is and is not. Finally, a fair purchase price tool provides a snapshot of a vehicles actual selling price from tens of thousands of sale transactions. Since nada guide operates primarily with new vehicles, which are typically in excellent condition, they list higher values. When buying or selling a used car, many people rely on the kelley blue book. Kelley blue book gathers information to determine pricing by using information from car auctions throughout the country. This kind of big car needs careful research before making the decision to buy one. How to find free blue book values of a dump truck free links 1 dump truck values. Car dealers are experts when it comes to deciding a tradein price. Dealership new scam, nadablue bookblack book value.
Research the latest rv prices, book values and motorhome msrp prices for all rv manufacturers. Nada guides and kelley blue book have an extensive history in providing organizations and customers with accurate vehicle pricing and information. Kelley blue book and edmunds are two of the most well known used car pricing guides in the united states. From those, kelley blue book then sets wholesale values based on what are. Both the kelley blue book and the black book provide tradein and retail values on used cars. Find out what your car is worth at, the trusted resource for used car values. Kelley blue book and edmunds are two of the most well known used. The structure of the vehicle values provides the differentiation between the two groups.
Kelley blue book kbb is an automotive shopping site. Now, kelley blue book values are available in both industry and consumer published books and on the internet at kbb. Originally published as blue book of motor car values, the kelley blue book has been in use since 1926, when les kelley, a. I am starting my used car buying research on the honda crv with the ex trim years 20032006. 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. The kbb or kelley blue book, and the nada guide will help you out. The difference between kelley blue book and nada tradein value explained. Kelley blue book also calculates and provides values for the suggested price of an automobile at automakeraffiliated certified preowned dealerships. If youre thinking of using a used car prices book to help you in your used car. It is one of many tools used by car dealers to determine car values for their inventory. Boat prices and values research new and used boat pricing, specs, photos and more for anything from power boats to personal watercraft start here. The most common of point sources which provides an easy reference for values of different makes and models of motor. Kelley blue book is probably best known for trade in values and private party values for the car you already have.