Fair Market Value Kelly Blue Book Value Of My Car

Since 1926 new and used car buyers and sellers have relied upon kelley blue book for authoritative and unbiased information to make well informed car truck and suv buying decisions. 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. Kelley blue book reports used car values for a variety of buying and selling transactions.

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They merely track prices.

Fair market value kelly blue book value of my car. 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. With that understanding you can begin to look at your car s price in the context of your market. Kelley blue book s fair purchase price tool is compiled from transactions conducted across the united states. Differing from the other car value tools used by kelley blue book the fair purchase price is sourced directly from vehicle sales through market contacts.

Many people use this term along with black book or edmunds tmv they re all terms used to describe the estimated market. The guide received a significant vote of trust during. When it comes to realizing the blue book price when selling a used car outright sellers often find their expectations are set too high. For new car shoppers the kelley blue book fair market range and fair purchase price go beyond widely available new car prices like msrp and dealer invoice to show you what you can expect to pay.

Today kelley blue book extends the tradition internationally with trusted values and a reputation for innovation including resources to help you research price and shop for the car you ve been looking for. This is an as is value that does not include any warranties. Get the kelley blue book value for your used car or trade in vehicle find tools to help you with buying or. Again the kelley blue book price is not meant to reflect a fair price for a vehicle.

Trading in your automobile to a dealer buying a used car from a dealer. The kelley blue book price is a trademarked car valuation from kbb. The final sales price depends on the car s actual condition and local market factors. Originally published as blue book of motor car values the kelley blue book has been in use since 1926 when les kelley a used car dealer realized that his car valuation list which he d been using since the early 1920s provided a service to other car dealers.

Since 1926 kelley blue book has been one of the best known names in the auto industry in the united states.