As jason mentioned trade in value is not what people assume it is. The majority of trade ins will come in well below kelley blue book value. Once in, you click on the link which read used cars to start processing the value of the car that you are planning to trade in. Kelley blue book how does it compare to market value. We want your car and we are going to do whatever it takes to get it.
There are a few circumstances where a dealer would offer close to the kbb value. The blue book or kelley blue book lists new and used car prices, helping car buyers determine the fair market value and trade in value of automobiles. Here we arrive at an important consideration when thinking about data and transparency. Heres an effective way to overcome the kbb kelly blue book trade value objection.
So i went to the kbb site, answered all the detailed questions, went outside to write down the vin and license plate number and guess what no answer to what my car is worth. Kelley blue book is the most wellknown pricing guide and has been in business for more than 80 years. This value comes directly from, and is backed by, kelley blue book. Kelley blue book vs black book indiana andy mohr automotive. With other car evaluation companies like edmunds, nada, and black book which often lists lower prices than kbb, it will be hard to convince someone to pay that muchespecially if you cannot accurately judge car quality and market pricing yourself. First, check online pricing guides like kelley blue book and edmunds and. My 2003 honda pilot with 218,000 miles on it has to go, gas prices have gone up, i dont like driving it, and its just got too many little problems with it. Find and compare thousands of new, used, and cpo cars, and get the kbb fair purchase price for the car you want to buy. How do car dealerships use kelley blue book kbb values. As with all kelly blue book values, the privateparty value is a guide.
Kelley blue book instant tradein value audi flatirons. With over 90 years of experience, kbb is the most trusted source of vehicle pricing information. Both kelley blue book and black book gather data points from auctions, banks and leasing companies all over the country. Kelley blue book is the trusted resource to find everything you need to value your car and find your next one. Audi flatirons is proud to partner with kelley blue book to provide an instant cash offer for your vehicle. Sell us your car with kbbs instant trade value tool. Kelley blue book does not add for lifts and the wheels and tires will receive nowhere near their real value. Will an auto dealer give me the kelly blue book value of. Pricing an atv on kelley blue book automobile guides and tips. Youll always get more money selling it on your own, sometimes thousands more. It is necessary to look for the specific manufacturer, model, and the year that the car was produced to get an idea of kbb trade in value. Selling privately, youre unlikely to get the kelley blue book trade in price, but that doesnt mean youre getting a bad deal, simply a fair market price. Today, the need for the kelley blue book truck pricing guide is greater than ever before, as trucks. Get over kbb kelley blue book value for your trade at.
Founded in 1926, kelley blue book, the trusted resource, is the vehicle valuation and information source trusted and relied upon by both consumers and the. Trade in, trade up and get up to % of kelley blue book for your. Free maintenance on any new or used vehicle purchase. Mar, 2017 the kelley blue book is one of the most widespread and authoritative pricing guides used today. Deceived by kelley blue book i wanted to know the approximate price range for my 2006 rav4, 120,000 miles. You can find prices for many different atv brands including suzuki, polaris, trail blazer and many more. Should you sell your car yourself or accept kelley blue book. Pretty simple actually its just a numbers game for the most part they have their vehicles priced at msrp and in order for you to receive 4k over blue book for your trade you would just have to pay msrp for the vehicle that way they have enough money in the deal to cover over allowing on your trade.
It enlists the retail and wholesale values of cars in the market. Jun 30, 2018 the dealer calculates the price it wants to pay for a used car using the wholesale value numbers from the dealer version of the blue book. Oct 07, 20 the majority of trade ins will come in well below kelley blue book value. Feb 28, 2020 the blue book or kelley blue book lists new and used car prices, helping car buyers determine the fair market value and trade in value of automobiles. Find the trade in value of your preowned vehicle here today. Kelley blue book names discontinued 2020 models and 12 best. Today, the need for the kelley blue book truck pricing guide is greater than ever before, as trucks are no longer the bare bones vehicles of yesteryear.
Will an auto dealer give me the kelly blue book value of my. Kelley blue book is company that estimates the values of vehicles. Will a dealer ever pay full kelley blue book trade in. It can be very difficult to determine how much a vehicle is worth because the valuation tools that companies use can be very different depending on where you go. Kelley blue book trade in value nada blue book, nada. Kelley blue book offers fullspectrum of dealer solutions. In short, it gives you the important knowledge related to the cars. Plus, they also have a section of kbb classic cars on the website. These prices are available and organized as trade in values or suggested retail values. Research from the 2018 cox automotive car buying journey study showed that shoppers are looking for a fair price not only for new vehicles, but also for used vehicles and the vehicles they currently own. If you sell cars and struggled with this objection this video shows you.
Should you sell your car yourself or accept kelley blue. Kelley blue book kbb is the gold standard in setting usedcar valuations. While the blue book used to be a physical book, since 1995, kelley s price guides have been available online for convenience. Can i realistically get the kelley blue book price. Vehicle mileage and wear and tear will affect trade value.
Get the kelley blue book fair market range or fair purchase price for your car. Shop for new cars and used cars at kelley blue book. The first kelley blue book was published in 1926, and their company has been researching and reporting car prices ever since. How to get the best price for your tradein nerdwallet. Jun 04, 2020 trade in valuation tools like kelley blue book still primarily focus on book values, with the data behind their price ranges hidden to the consumer.
Lester glenn hyundai kbb offer get more for your trade. Kelley blue book trade in value nada blue book, nada guide. It is also an approximation of what you might expect to pay if you bought the used car from an independent seller. The company is the originator of the term blue book, a book of estimate values of vehicles that dealers and consumer can use when buying and selling cars. Start by selecting the make or category below and follow the steps on the following pages to find the revelent kelley blue book value. The kelley blue book price advisor is a rangebased pricing tool to help car buyers and sellers talk about price realistically. Find used cars and new cars for sale at autotrader. Tractor blue book blue book values, prices, resale used. How to overcome the kbbkelly blue book trade value. Vehicle valuation faqs for dealers kelley blue book b2b. Many consumers find themselves in a situation where they owe more money on their current vehicle than it is worth. Dealers use kelly blue book to establish the value of tradeins as well as.
Kelley blue book offers fullspectrum of dealer solutions at. Its the source for current transaction prices, whether a used car is a trade in or sold through a private party or dealer. And while they both provide tradein and retail values on used cars, kelley blue book also provides numbers on new cars and privateparty sales. Because the dealer will take the tradein and turn around and sell it to another buyer hoping to make some money on that transaction. From the online blue book data, the estimated trade in value will be pretty close to what the dealer should have paid for a car that is on the lot and for sale. Kbb tradein value toyota nashville toyota of cool springs. The classic car version in kbb is known as kelley early model guide. Kelley blue book is a company that was founded in 1926. Get the max for your trade with our trademax guarantee. A dealer paying blue book for a trade in is either going to retail the car more profit or push it back through the auto auctions, often at a loss. Explore kelley blue books car dealer and oem marketing and advertising solutions, dealership tools for trade in and service, and vehicle values. Kelley blue book new and used car price values, expert car.
Kelley blue book names discontinued 2020 models and 12. My hhr is is great shape, has 234k miles and runs like new. Kelley blue book we use real values of local cars for sale by other franchised dealers to provide a more accurate instant market value estimate of your used car. It includes the tax savings you get on the next car when trading in so is really not the true value of the offer directly for your car. The kelley blue book used privateparty value is what you can expect to pay if you sold the car to an individual consumer. Check car prices and values when buying and selling new or used vehicles. Find out the trade in value of your used vehicle from jeep and kelley blue book. Will a dealer ever pay full kelley blue book trade in value. Kelley blue book new and used car price values, expert. Since 1926, the organization has monitored usedcar transactions, publishing marketdriven values on preowned cars. Jan 07, 2020 however, the kelley blue book has its own class. First is to log on to the kelley blue books web page. Where can i find tractor blue book values for free there is not a blue book publication available online for free to research tractor values, but there are alternative methods to research used values is to evaluate the pricing of tractors for sale in the marketplace.
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