Both the black book and the kelley blue book can help in. Redbook is the preeminent provider of car prices, values, vehicle identification and pricing information in australia and the asia pacific region. Black book provides values for both new and used vehicles, including cars. Getting a used car tradein value from black book appraising your used cars tradein value isnt an exact science. By simply filling in a little information year, make, model, mileage, and vehicle condition kelley blue book will estimate the car s value, which in turn can be used during any one of a myriad of buying decisions. The biggest issue has been locating, assessing, and evaluating inventory. Kelly blue book, nada, private seller or black book which is the true used car value. The price a used car is listed at isnt usually what it sells for. Get used car values with edmunds car value appraisal tool. Determining the fair market value of a used car is easy with the kelley blue book used car pricing guide. Estimates are available for used cars in extra clean, clean, average and rough conditions. The pricing deals with wholesale values and the most up to date car sales.
Vehicle history is an important factor in determining a car s value. Their pricing and value data includes statistical analysis that allows for current and timesensitive changes in historical valuation to be easily understood resulting in reliable predictors of values and potential risks. Black book and nada are much closer to what the cars would sell for most banks use nada to determine your max. Dealership new scam, nadablue bookblack book value. Black book provides the wholesale or auction value of your car, which is the amount a dealer might pay for it. Its not the listed price of a vehicle that matters what matters is what it sold for.
In addition to taking a vehicles year, make, model, mileage, location and condition into consideration, carfax historybased value is powered by vehiclespecific data thats unique to carfax and tied directly to each car through its vehicle identification number vin. We provide black book trade in value and market value, so you can get the most out of your used car. Get an estimate on your tradein value online today and trade in your vehicle at steve marsh ford of milan, tn to buy a new ford truck, car, or suv. Get the kelley blue book value for your used car or tradein vehicle, find tools to help you with buying or selling, and even get a cash offer from a dealer in your. To help you avoid financial loss, black book from cap hpi provides more accurate valuations for used vehicles with mileage, technical and spec data analysed to establish a true current value. The blue book has long been the industrys standard when talking about determining the value of used cars. This is an as is value that does not include any warranties. This value which is based on sales data, auctions, brand equity, and the pricing of similar vehicles across canadais the most accurate estimate a consumer is likely to find. Get the kelley blue book value for your used car or tradein vehicle, find tools to help you with buying or. Data black book acquires their pricing data from wholesale auctions, and retail. I am a fairly new dealer in this used car business, and have faced numerous obstacles and difficulties getting my business off the ground.
We have over 5 million cheap used and certified preowned cpo vehicles in our database and we provide you. The used car prices black book and blue book values serve different purposes. The data allowed them to estimate the current market value of used cars to be purchased and sold. The black book, like kelley blue book, provides a value for different used car makes and models so car dealers will know how much a vehicle is worth. Used car pricing how do i know what is the actual fair. Basically, the black book is used to find out a car s actual value in accordance with major dealer auctions from all over the country. Use the black book to get the full market value for your trade. They assess the appearance of a car, its mileage, and the present mechanical condition. The black book on the other hand, is a dealer driven book. New car prices and used car book values nadaguides. It includes o ver 32,000 used vehicle values for model years 1981 current. Automotive data with black book powering the auto industry with.
Whats my car worth used car trade in values and resale. For example, the used car manager at a mercedesbenz dealership may give you less on your used kia than the used car manager at the kia. Compare real, custom auto loan offers from up to 5 lenders in minutes. We provide black book trade in value and market value, so you can get the most out of. These values are calculated from the same black book data dealers use to appraise vehicles, giving you the best estimated value.
Black book car value estimator steve marsh ford milan. They have been around since 1918, while black book started in 1955. Find used car trade in, resell, certified preowned and retail values of used vehicles based on the condition, mileage and other factors of the car sale. 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. We provide car valuations online, as well as services internationally to leaders in the automotive industry. However, this doesnt mean that the used car buyer couldnt make use of the black book. My cars value kelley blue book new and used car price. Dealers who have a black book subscription can access the pricing book online, on mobile, or in the original print edition, published weekly. Black book values focuses on data points that can help lenders and dealers better identify vehicles with lower risks and higher potential profitability. See the latest and greatest features of the newly redesigned cars, trucks and suvs headed to a dealer near you in 2019.
Tradein values will vary between regions, times of the month even between dealerships. But recently, the black book has become the number option in the industry for both dealers and consumers. Canadian black book provides free car values, new and used car prices, and vehicle listings. Some dealers will say they use black book or kelly blue book, they dont really, if they give you kbb value for your trade they just infalte the price of the car they are selling to cover the difference or make thier money selling you accesories or something else. Used car vehicle values provide the most precise data on used cars. Customs services and international tracking provided. How an africanameric an stock car team made its mark on n. I use the kelley blue book and the black book for used car valuation. It is one of many tools used by car dealers to determine car values for their inventory. But the black book cpi is my mainstay in determining the true value of any rare or unusual vehicle which i buy or sell. Having been in the automotive industry since 1955, black book continues to innovate to serve the evolving needs of their customers. Find out before you go to trade it in at the dealer or sell it yourself.
Make profitable decisions when it comes to used cars. Both books claim to be the more accurate source of used car pricing guides. Canadian black book is a service that allows drivers to learn the estimated value of their preowned vehicles aka their canadian black book value. Kelley blue book and edmunds are two of the most well known used car pricing guides in the united states. Nadabut, nada is usually used by banks or car dealers to show you an inflated price value. I recommend this app because its values are precise increase profitability with confidence. Black book is an essential tool for our dealership. The kelley blue book gets more traffic when it comes to being used by buyers. In my prior experiences, blue book was useless as their trade in value is always too high and no dealers would come close to it.
From the 1950s to the early 1990s, kelley blue book provided used car price information only to dealers. Carfax canadas free value range tool provides a realistic idea of your used car s value based on what similar models have actually sold for nearby. Visit canadian black book and select a make and a model to find the right car that suits your need. Fitch ratings 2012 structured finance kelley blue book. Find out what your car is worth at, the trusted resource for used car values.
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. Kelley blue book canada an easier way to check out a car. But, there are many other colored books which determine the same aspect of a used car. T he data is updated monthly to ensure the values stay current with the market wholesale values. For example, the used car manager at a mercedesbenz dealership.
New and used car dealers, lenders, manufacturers, fleet remarketers, and. If you select the consumer tab, you will still have many resources available to you such as. A benchmark value for used vehicles selling in the wholesale auctions with. New and used prices and specs here you can get car values for both new and used vehicles and. Therefore, you should never use nada books for real references.
Use the black book car value estimator to get vehicle pricing information on new and used cars, trucks, and suvs. It also provides used car sales appraisals and new car buying information to consumers. Used car vehicle values for dealers black book auto. And with black book cherry it eliminates those issues saving my time, headaches, and money. Lynn faeth, owner of the scout connection dealership in iowa, had this to say on the two uses.
Black book used car values kelly black book nadaguides. In 1993, the company started to provide blue book pricing information to the public. Nada blue book values for used cars, certified preowned cars and more, brought to you by the national automobile dealers association. The black book family of vehicle appraisal guides, widely known in the automotive industry for providing timely, independent and accurate vehicle pricing data, is published by national auto research, a division of hearst business media.
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. Black book car appraisal nada guide nada book value. Black book powers the automotive industry with the most precise data and analytics in the market, reducing risk, increasing profitability and fueling growth with flexible solutions that drive intelligent decisions. The black book was established in 1955 by three businessmen in gainesville. Why does the dealers estimate of my cars value differ from the value i. The black book digital subscription comes with history adjusted valuations that account for a vehicles accident history, past. Founded in 1917, the national automobile dealers association represents the interest of new car and truck dealers to the public, the media, congress and vehicle manufacturers. Depending on the method of disposal, there actually may be more than one blue book value for the consumers car, truck or suv. Get the best prices on great used cars, trucks and suvs for sale near you with edmunds. To reach out to more potential clients, the canadian black book is known to publish issues every two months.
1373 1505 165 554 1160 726 841 1457 1464 1140 402 1539 1192 883 868 511 610 130 426 362 695 736 355 1458 170 694 859 618 1371 1199 524 1225 170 24 1144 409 1581 939 1021 710 1419 1243 609 665 323 71