Nada vs kelley blue book nada blue book, nada guide. But if you check nada that price will be right on nada s or real close. I looked at both the edmunds and kelley blue book estimated dealer costs. Nada used car prices, edmunds used car prices, and kelly blue book used carprices whose prices are right. Mostly, dealers do not refer to edmunds in determining the value of used cars in order to know the trade in value of the vehicles. Looking at current market conditions and seasonality. The internet has been touted as the greatest resourc. New cars are much easier to figure out and new is also much easier because one can get competing bids to sell you the. The most commonly used are the kelly blue book, and the edmunds used price guide. Using canadian black book to find the value of your car. Kbb vs nada vs edmunds any thoughts on which of these is the most accurate for used car values.
Black book vs kelly blue trade in values fremont motor company. Get the kelley blue book value for your used car or tradein vehicle, find tools to help you with buying or. The kelley blue bookand its equally popular websiteis one of the most trusted guides for automobile pricing, used by those who are buying or selling cars. In general, youll find that the kbb values are similar to those provided by edmunds. Determining the fair market value of a used car is easy with the kelley blue book used car pricing guide. Edmunds prices are substantially less than kelly, maybe 20% or so. 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.
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. You have to consider not just the type of vehicle, but the vehicle condition, mileage and options. Nada blue book values for used cars, certified preowned cars and more, brought to you by the national automobile dealers association. You might be interested in how the latest suv compares to a new minivan on the market, or. While edmunds no longer publishes vehicle values in print, the company does currently offer a highly rated advice. 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. You can read more about nada blue book and kelley blue book here. Usually, those who use one are also familiar with the other. Kelley and edmunds are always high in their prices. I consider kbb high and edmunds low on pricing when i sell a vehicle and try for a middle price. General community welcome to the north american subaru impreza owners club. Step by step directions to check the used boat value of a 1960 chris craft aft cabin 32 published by nada guides. Nada guides boat pricing is available from nada guides. New car prices and used car book values nadaguides.
When i looked for a z3 last fall, i was surprised variation in book values between kelley, edmunds and nada. Use these tools provided by nadaguides trusted partners to complete your rv shopping experience. If you dont know how the industry appraises cars, you wont be able to effectively negotiate your current car s appraisal value. Therefore, you should never use nada books for real references. Now in adds they will so much off kelley or edmunds. Both of us want to get more modern used cars and wanted to. The name itself originates from an old registry which lists those of high society and was named the blue book. Edmunds, kbb and nada all vary a lot on supposed value of a used vehicle. Shop for new cars and used cars at kelley blue book. Find the right value to sell or purchase and never overpay again.
Determining the edmunds trade in value of a car car. They publish blue book boat prices online for years 1960 to 2020. From used car lots to new car dealers, they all claim to sell cars. Kbb offers news articles regarding tips for buying and selling vehicles, among other things. Unfortunately, with the everchanging market today the used car blue book value that you are getting may not be accurate. Somehow, nada guide and kelley blue book are two pricing guide companies that are most preferable in knowing use cars values. We dont have access to how kbb calculates its prices, but at a high level. The reason kelley blue book lists tradeins for less. Good thing kelley blue book has over 90 years of experience with used car pricing and weve done the analysis for you. Unlike edmunds, however, kelley values generally cater more toward the dealer. There are a lot of things to consider when you are comparing cars. Olson, theodore nada used car prices, edmunds used car prices, and kelly blue book used car prices whos right nada used car prices, edmunds used car prices, and kelly blue book used car prices whos right.
They are also lower than the edmund s price guide, and the nada. Take advantage of real dealer pricing and special offers. Nada book provides listings and information on a range of vehicles, from new vehicles, motorcycles and atvs, classic cars, boats, and mobile homes. Kelley blue book kbb is an automotive shopping site. Check car prices and values when buying and selling new or used vehicles. Edmunds true market value nada blue book, nada guide. How to use the nada guide for determining automobile values. The kelley blue book value is one of the oldest resources around for determining the value of your used vehicle. Similar to nadaguides, values published by kelley blue book rely on a constant flow of pricing information from various industry sources.
Nada used car prices, edmunds used car prices, and kelly. Southern california car salesman roger himmel, combines checking value of a tradein or used car purchase in kelley blue book and the nada guide, then telephoning wholesalers or other dealers to see what the value is to them. Kelley publishes more than one price guide for used cars, but. Studies indicate that the kelley blue book provides lower pricing the black book car pricing. The kelley blue book also gathers its data from a number of different sources.
How to use the nada blue book value to estimate the actual value of a used car. Negotiating a used car price using edmunds true market. Looking up motorcycle values on kelley blue book and nada new car s and book values nadaguides. See the latest and greatest features of the newly redesigned cars, trucks and suvs headed to a dealer near you in 2019. Finding the right kelley blue book value for secondhand cars online. Black book gets its prices for used cars based on the weekly amounts that cars sell for at wholesale auctions. Edmunds prices edmunds car values edmunds car prices. 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. In a certain case, we also wonder how do dealers determine the value of a car. There are various blue book guide like nada blue book or kelley blue book who can provide you an estimated blue book value for your car. The difference between kelley blue book and nada tradein. 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. Nada numbers come from the auctions and dealer reports.
Price difference between kelly blue book and edmunds. I have yet to get a kbb price when selling a vehicle and have never bought a vehicle at edmunds price. All too often, however, the dealer will direct your attention to a printed price guide and often it will be the kelley blue book. Compare real, custom auto loan offers from up to 5 lenders in minutes. When buying a used car, its usually hard to know what a fair price is. 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. Find and compare thousands of new, used, and cpo cars, and get the kbb fair purchase price for the car you want to buy. Atv, boat, car, edmunds cars, kelley blue book, motorcycle, truck. 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. 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. With the increased need to commute and the convenience of cars, this is a necessity. How dependable is kbb, nada, edmunds, etc for car valuation. The kelley blue book has become one of the major merchandising devices of modern vehicle selling. Learn about kelley blue book, edmunds,the black book, n.
Kelley publishes more than one price guide for used cars, but the one your dealer is likely to use is the one labeled kelley blue book auto market report official guide, the version of the. Black book and nada are much closer to what the cars would sell for most banks use nada to determine your max. I really dont understand why there is such a variance with blue book. The last guidebooks published by edmunds were released in 2006, since then edmunds has relied on a comprehensive website for publishing car prices. Dealership new scam, nadablue bookblack book value. Nadabut, nada is usually used by banks or car dealers to show you an inflated price value.
Canadian black book provides free car values, new and used car prices, and vehicle listings. This is because the black book receives prices for used vehicles based on 50 weekly auctions, where they calculate an average, and update that every week. Kelley blue book values blue book values kbb vs nadaguides. I always cringed when a client who totaled his car brought in the blue book to show the value of his car. Kelley blue book used pricing guide used cars for sale. In the world of used car sales, there are no preset values, so a dealer is free to use whatever sticker price it wants for a used car. The kelley blue book determines the value of a vehicle by. They also make used car pricing determinations based on the generic information they have. Many dealers utilize the kelley blue book guide prices for used vehicles, and dealers and customers negotiate the actual price of a vehicle downward from that level. So many people today are engaging with the car market. Get used car values with edmunds car value appraisal tool. Manufacturers, wholesale auctions, franchised and independent dealers, rental companies and financial institutions are sources for the data used to calculate vehicle prices. The only truly accurate value guides are the ones that dealers and banks use. Car dealers are experts when it comes to deciding a tradein price.