Black Book vs Edmunds vs KBB: Used Car Pricing Guide

Kelly Blue Book began in the 1920s with a real “blue book” that dealerships referenced for car pricing. AutoTrader acquired Kelley Blue Book in 2012 and is now an auto shopping website. You can search for car pricing information and vehicle appraisalsas a buyer or seller. See more

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How A Dealership Evaluates A Trade, And Why KBB Is Almost Worthless

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Every time I ever used Kelley Blue Book it's the complete opposite experience, the market average is always way above the Kelley book retail, and trade in is like $8,000 Below Retail. …

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Why Does Edmunds And KBB Give Vastly Different Values For My

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Putting this in frugal because I'm trying to get the best value for my used car. For Edmunds, I get $1,223 average condition, private party Exact same car, If I use KBB I get Good, private party …

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How To Find The Value Of My Car: A 3-Step Guide - LendingTree

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Jun 25, 2024 · About 23% of cars KBB provides estimates for are in very good condition. Good: Has some minor mechanical issues and repairable cosmetic blemishes. About 54% of cars …

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Kbb/edmunds/nada Used Car Price Estimate Vs Actual Price (VA)

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You need to research pricing in your local market and do not focus on "Well edmunds says I should pay $10,000" because that number could be way too much OR that may be below the …

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FAQs about Black Book vs Edmunds vs KBB: Used Car Pricing Guide Coupon?

What is the difference between Edmunds and the KBB?

Both the Kelley Blue Book (KBB) and Edmunds are similar price guides, but they have different focuses. The KBB is more dealer-oriented and is used by dealers to set an average price. Buyers then try to lower the car price from this level. ...

What is the KBB used car value?

View the Blue Book for your car. The KBB used car values fall under these categories: Private-Party Value: How much the used car is worth from a private seller. Trade-In Value: The amount you can expect to get when trading in the vehicle at a dealer. Suggested Retail Value: The price dealers usually ask for the used car. ...

What is a KBB value?

But keep in mind that if you're looking at something like a fair purchase price or a trade-in value, KBB values are educated guesses and not guaranteed prices. The actual transaction price can differ based on the dealer's willingness to discount the vehicle or give you more on your trade-in. ...

Where can I find a good car price estimate?

The Blue Book sites, like KBB and Edmunds, are free to use. While they leverage several sources of data to provide price estimates, their estimates may lag behind local or industry changes. How can I check the value of my car? ...

How does KBB calculate the market value of a car?

KBB has a proprietary method for calculating the market value of a vehicle. KBB's website says that it takes data from thousands of deals, current supply and demand, and regional and seasonal factors to show its customers what they should pay for a car or what their car is worth. ...

Is KBB's car valuation algorithm secret?

Kelley Blue Book: KBB’s valuation algorithm is secret (as it is for all car pricing guides). However, it states that it uses 3 trillion data points to estimate the value of 40 million cars each month. For more information, check out KBB’s online car appraisal tool. Edmunds: Edmunds calls its car valuations True Market Value (TMV). ...