Black Book Car Value Vs Blue Book

Studies indicate that the kelley blue book provides lower pricing the black book car pricing. I use the kelley blue book and the black book for used car valuation. 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.

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The kelley blue book gets more traffic when it comes to being used by buyers.

Black book car value vs blue book. Lynn faeth owner of the scout connection dealership in iowa had this to say on the two uses. But the black book cpi is my mainstay in determining the true value of any rare or unusual vehicle which i buy or sell both the black book and the kelley blue book can help in. Kelley blue book. The black book also supplies price quotes but its main customers are car dealers who use the listed wholesale prices as a guideline for pricing their used cars.

Both kelley blue book and black book gather thousands of data points from auctions banks and leasing companies all over the country. Black book updates its online information daily while kelley blue book or kbb updates its information weekly. Black book vs. The kelley blue book is a car valuation guide for new and used cars from the consumer s side supplying prices of cars based on the specifications of the particular vehicle.

They are also lower than the edmund s price guide and the nada. Both books claim to be the more accurate source of used car pricing guides. They have been around since 1918 while black book started in 1955. The used car prices black book and blue book values serve different purposes.

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. Traditionally dealers have relied upon black book for determining how much they should pay for.