Tag: Values

Black Book Used Car Values – Black Book vs. KBB and NADAguides

What is Black Book Value?

 

What it is

Black Book provides the wholesale or auction value of your car, which is the amount a dealer might pay for
it.

Data

Black Book acquires their pricing data from wholesale auctions, and retail transactions nationwide.

Frequency

Black Book updates their used car prices on a weekly basis.

Reliability

Frequent updates allows for faster response to market fluctuations.

Your car’s value

High mileage, vehicle damage, and the cost to recondition your car for resale all have an impact on the
overall value of your car.

 

Black Book vs. NADAguides & Kelley Blue Book

 

Kelly Blue Book (KBB) and the National Automobile Dealers Association (NADA) are two other popular providers of
valuation information. While these valuation tools share commonalities with Black Book, there are a few differences
among data sources between them, the frequency at which they compile data and the resulting values that

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Kelley Blue Book Values | Blue Book Values

When we attempt to value a used vehicle we use a number of data points. These data points include, but are not limited to, actual wholesale transactions (around 80% of the market with our relationship with NAAA) and retail transactions (through our relationship with J.D. Power and their PIN data which is obtained their actual Dealer Management Systems), as well as asking price information from www.autotrader.com. In addition, we have data from various OEMs and wholesalers and retailers of used vehicles that provide us the amounts for which they paid and sold their vehicles. We also take into consideration MSRP, invoice, equipment assumptions, as well as supply and demand and other macro- and micro-economic factors and the competitive landscape of vehicles. Our retail value is what a person could reasonably pay for a vehicle at a dealer’s lot. Our values are designed and intended to assist users in performing their

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Kelley Blue Book | New and Used Car Price Values, Expert Car Reviews

Your Car GuideYour Car Guide

KBB.com gives you everything you need to research a new, certified (CPO) or used car, compare cars, find cars for sale and make a well-informed decision. We’re your guide for Everything Automotive, whether you’re just checking your current car’s value, actively looking for your next car, or ready to buy. We’re also one of most extensive sources for motorcycle values on the internet.

90 Years of Pricing Expertise

Since 1926, Kelley Blue Book has been one of the most trusted names in the auto industry. You might say we literally “wrote the book on car values”. And today there’s no better place to find the value of your current car than KBB.com. Whether you’re trading in your car, selling it privately, or taking advantage of the Kelley Blue BookSM Instant Cash Offer, we’re here for you.

Expert Reviews

Get the truth, with car reviews, videos and

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