It is one of many tools used by car dealers to determine car values for their inventory. Kelley blue book kbb is wordwidely known as reputable valuation company that provides trusted guides of car values. Here are a few tips on how to get the most out of your private party sale. Manfred gottschalklonely planet imagesgetty images the kelley blue book vehicle value is a fair sale or trade price determined based on the make, model, age, mileage and features of a vehicle, according to the kelley blue book website. Private parties asking way above kelley blue book lease. Similar to nadaguides, values published by kelley blue book rely on a constant flow of pricing information from various industry sources. Kelley blue books total cost of ownership awards, like all new and usedcar information provided on, were established to help car shoppers make more informed carbuying decisions by. Its the starting point for negotiation of a used car sale between a private buyer and seller. Look up used car trade in values and values for private party sales or find the certified preowned or retail value of a vehicle before buying a used car.
I am trying to sell a used car for a relative using online listing sites. Checking its value on will let you know how much the. With only the rarest of exceptions, you never pay more for a used car than the excellent level kelley blue book regardless of location. If you are planning on trading your vehicle in, this can give you a good idea of that the value of your vehicle is, and what you are looking at in terms of the tradein offer from the dealer. Those would be sell value to private parties, estimated retail price, and tradein value. After that, youll get an estimate of the kelley blue book used cars value. Kelley blue book used cars value calculator how to easily calculate a cars value april 2, 2014 january 21, 2016 james bourland if you have future plans to sell or buy a car, you need to learn how to calculate a second hands value. Get used car pricing and explore thousands of car listings at kelley blue book.
The kelley blue book lists kelleys dealer retail, privateparty and tradein prices. Finding the right kelley blue book value for secondhand. 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. Now, even though buying a used car is not much more complex than buying a new car, we still have to take into account one thing. 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 value of new and used cars. The kelley private party value is, in my opinion, the most worthless of the four values that kelley blue book kbb. Kbb used car values, dealers used car cost, kelley blue book. You can still calculate values from book editions, but its easier and quicker to use the sites online tools, which give you a free value in just a couple of minutes. Get the best prices on great used cars, trucks and suvs for sale near you with edmunds.
Kelley blue book reports used car values for a variety of buying and selling. Kelley blue book receives realworld used car prices on a daily basis from wholesale auctions, independent and franchised dealers, rental fleets, auto manufacturers, lessors, and private party. The private party value assumes the vehicle is sold as is and carries no warranty other than the continuing factory warranty. The final sales price depends on the car s actual condition and local market factors. Get used car values with edmunds car value appraisal tool.
The term blue book value refers to the value of a vehicle by a guide known as the kelley blue book. The tradein value gives you an estimate when you give a car back to a dealership. Formally known as the kelley blue book, it was originally. Instead, kelley blue book takes into account the value of the car when it was new and the market forces that may affect the used car price. Lets take a look at when and how to use kbb used car values. Or you can rely on the kbb private party price for transactions between two private parties. Feb 11, 2012 kelley blue book s total cost of ownership awards, like all new and used car information provided on, were established to help car shoppers make more informed carbuying decisions by. Kelley blue book used cars value calculator how to. Value a car new cars, used cars find cars for sale and. A financial exchange whereby each party feels like they totally screwed the other kelley blue book is an excellent resource to ballpark the current value of a vehicle. The private party value refers to the amount expected for a private sale of a vehicle as an individual seller. Blue book private party value is the starting point for negotiation of a used. If youre buying the car from an individual instead of a dealership, look at the kelley blue book private party value.
The kelley blue book private party value is the starting point for negotiation of a usedcar sale between a private buyer and seller. Kelley blue book new and used car price values, expert car. When that happens, you have one more advantage to bring to the negotiating table. For example, when gas prices go up and the demand for ecofriendly cars increases, kelley blue book would anticipate prices for used hybrids to increase. Get the best deals on used cars for sale near you edmunds. To determine the exact blue book value for used cars, kelley blue book follows its historical trends, current economic conditions, industry developments, seasonality, and the location of the consumer.
Here are some key usedcar pricing terms youll encounter as you. One outcome kelley blue book is seeing is that consumers are holding onto vehicles longer, staying away from shortterm leases, and if they absolutely must buy a car, they are looking more and more at used cars. Tradein value the amount you are likely to get from a dealer for. Quickly estimate the value of a vehicle or calculate what you can expect to get on a tradein. Kelley blue book reports used car values for a variety of buying and selling transactions. We have over 5 million cheap used and certified preowned cpo vehicles in. Apr 03, 2020 the kelley blue book also lists trade values on vehicles. A vehicle in poor condition may require an independent appraisal to determine its value. Find out your cars value with kelley blue book youtube. In a recent kelley blue book market intelligence study, more than half of car shoppers surveyed said they intend to keep their next. Finding the right kelley blue book value for secondhand cars.
The kelley blue book is a private party service that provides a valuable starting point used for reference in a used car sales between a buyer and seller. The private party value is usually more than the tradein value, because if you sell it. Tradein value and suggested retail value prices are. The vast difference between dealers lot prices and private prices is reflected in common car pricing tools like the kelley blue book web site.
Kelley private party value, used car values for private car sales. Kelley blue book basics for used car buying carsdirect. And the most honest of sellers will price accordingly specifying that the price is firm for a car in outstanding condition. Privateparty value how much you will have to pay for a specific used car from a private seller. Black book, best known for its wholesale usedvehicle values, is now the official valuation service for, a third party internet shopping site, the companies said today. The private party blue book value is available for free on wholesale value the wholesale blue book value is deemed by kelley to be the used car invoice and to some degree thats true. Kelley private party value its worth what someone is willing to pay for it. But, like all generalizations, there are numerous details for w. The blue book value of your car is the market amount it is worth to others. Blue book used car values are determined by taking into consideration the equipment and options. Blue book private party value private party value is what a buyer can expect to pay when buying a used car from a private party.
The kelley blue book or referred to as the blue book has listings of cars so one can search the blue book value of the car compared to the year. Private party value is what a buyer can expect to pay when buying a used car from a. Research the latest new car prices, deals, used car values, specs and more. Feb 20, 2020 blue book is a guidebook that compiles and quotes prices for new and used automobiles and other vehicles of all makes, models and types. Nada blue book values for used cars, certified preowned cars and more, brought to you by the national automobile dealers association. Sep 24, 2010 with only the rarest of exceptions, you never pay more for a used car than the excellent level kelley blue book regardless of location. For used cars, kelley blue book provides typical listing price, certified preowned price, tradein value and private party value. The final price depends on the cars actual condition and local market factors. Apr 10, 2018 i am trying to sell a used car for a relative using online listing sites. Its based on data from real transactions, plus market conditions and vast industry knowledge.
Apr 02, 2014 finding the right kelley blue book value for secondhand cars online april 2, 2014 december 9, 2015 james bourland these days, more and more people buy and sell slightly used cars, if youre one of those who are planning to get one for yourself. The guide not only lists the value of new vehicles, but it also lists used car values. Blue book is a guidebook that compiles and quotes prices for new and used automobiles and other vehicles of all makes, models and types. New car prices and used car book values nadaguides. By 1996, consumers could visit the companys website, to find values for new and used cars. For instance, if i pull up a private party 1998 toyota camry with 100,000 miles in excellent condition, kbb. From there, they can select the automobiles style, engine size and other details to arrive at a value. This is an as is value that does not include any warranties. Search for your next used car at, the site you trust the most. This value will help you determine whether youre getting a fair deal, and possibly even give you a starting point for. Feb 28, 2020 kelley blue book receives realworld used car prices on a daily basis from wholesale auctions, independent and franchised dealers, rental fleets, auto manufacturers, lessors, and private party. Get the kelley blue book value for your used car or tradein vehicle, find tools to help you with buying or selling, and.
Kelley blue book private party value the kelley blue book private party value is the starting point for negotiation of a used car sale between a private buyer and seller. Nada guides is the leader in accurate vehicle pricing and vehicle information. New and used car values, find out car pricing, and whats my car worth get. Kbb used car values, dealers used car cost, kelley blue. May 10, 2019 the kelley blue book is a private party service that provides a valuable starting point used for reference in a used car sales between a buyer and seller. On the kelley site, users enter particular information about a car to get an accurate assessment of its current value. Get used car, truck and suv values with edmunds car value appraisal tool. If you are selling a used vehicle, after inputting year, make, model, mileage, style, features and options, the applicable kelley blue book tool returns private party.
Finding the right kelley blue book value for secondhand cars online april 2, 2014 december 9, 2015 james bourland these days, more and more people buy and sell slightly used cars, if youre one of those who are planning to get one for yourself. The value determined does not include any warranties, nor the cars actual condition and local market factors. It is by far the most used, of the four values, by car dealers. How do you find the kelley blue book value of used cars. Kelley blue book kbb has a tradein value for those that want to go straight to a car dealer for a quick all cash offer. You can look up your used car or truck and access the trade value on that vehicle. Or, it can represent the value you should expect to receive when selling your used car privately i. Manufacturers, wholesale auctions, franchised and independent dealers, rental companies and financial institutions are among the data sources used to calculate new and used vehicle prices. Drivers can find out the value of their used cars by typing in the car s year, make, model and mileage into the kelley blue book website. Depending on the method of disposal, there actually may be more than one blue book value for the consumers car, truck or suv. Get used car values from black book with our car pricing guide and compare black book to kbb and nadaguides, two other popular valuation sources. Ultimately, whether its black book or kelley blue book used car values, your tradein value is dependent on several factors including make, model, year, condition, accessories and. Though kelley blue book was first published in 1926, since 1995, the blue book price guide is available online for convenience.
In 20122014, harris poll recognized kelley blue book as the online auto. Kelley blue book used pricing guide used cars for sale. The kelley blue book used private party value is what you can expect to pay if you bought the car used from the dealer. From there, they can select the automobiles style, engine. The used car price guide is the perfect place to start if you are considering selling your current vehicle, buying a used car from a private party, or looking to tradein at the dealership. Kelley blue book new and used car price values, expert. Before purchasing a used car, it is necessary for consumers to check the current value of the used car they choose. Or you can rely on the kbb private party price for. The final sales price depends on the cars actual condition and local market factors. Used car values, price guide and tradein estimator. Use autotraders used car valuation tool to find the kelley blue book value of the. Kelley blue book kbb is an automotive shopping site. The private party value indicates the price a consumer might pay to buy the car from you directly.
My cars value kelley blue book new and used car price. Kelley blue book values blue book values kbb vs nadaguides. If you plan to sell your car yourself, youll want to also research the kelley blue book private party value, which is typically higher than tradein value. The kelley blue book also lists trade values on vehicles. Find out the value of a used car with kelley blue book. Sometimes, the nada used car value will be lower than the kelley blue book value. Although the kelley blue book dates to the 1920s, it didnt publish a consumer edition until 1993. Kelley blue book tracks the consumer sale price each year. Private party, tradein, retail values, 19872001 used car and truck, julydecember 2002 at.
753 987 674 517 659 368 1520 928 815 1254 130 1074 479 790 970 649 1212 475 1353 853 613 353 1015 105 498 265 353 1470 758 625 1135 1306 1505 1059 1087 619 1076 583 832 1311 280 434 493 28 489 1361 706