Let me explain what goes into these price guidelines. Today, kelley blue book offers the irsaccepted fair market value only on its web site through the kelley blue book vehicle condition quiz. Kelley blue book is a popular evaluation guide for consumers and dealerships. Kelley blue book does not attempt to report a value on a poor vehicle because the.
The fair market range takes into account actual recent new and used vehicle sales transactions that are adjusted for local market conditions and. In 1993, the blue book was finally released as a consumer guide. Ppl believes rv prices should be based on actual selling prices and comparisons to other rvs on the market. Good condition means that the vehicle is free of any major defects. Kelley blue book values blue book values kbb vs nadaguides.
This is an as is value that does not include any warranties. Those guides are references by many dealerships and buyerssellers in order to determine estimates for a fair vehicle value. Kelley blue book assesses a used vehicles condition as fair if its tires need replacement, it has any rust which must be repairable to be classified in fair condition, it possesses some defects in the engine or other mechanical systems, or any visual flaws in the paint job or the interior. In 1992, it offered dealers a computer program that allowed them to print out a label displaying the condition, mileage, and optional equipment on a used car. The kelley blue bk tradein value is used to discover the approximated cost at which a person could offer a watercraft or boat.
The fair market range for used cars is kelley blue books estimate of what a consumer can reasonably expect to pay this week in their area for this year, make and model used vehicle with typical miles and configured with their selected options, excluding taxes, title. Based on the kelley blue book aucti on value, the kelley blue book lend ing value assumes that the vehicle is in good or better condition, fully reconditioned, inspected, and prepared for retail sale. The kelley blue book price advisor shows you what you should pay for. Excellent condition means that the vehicle looks new. The primary focus of kelley blue book is on automobiles, but the company also provides values for motorcycles, personal watercraft and snowmobiles. Kelley blue book divides the condition of used vehicles into four grades. Determining the fair market value of a used car is easy with the kelley blue book used car pricing guide. The kelley blue book provides values on new and used trucks on its website at.
Get the kelley blue book fair market range or fair purchase price for your car. How do you find truck values with the kelley blue book. The kelley blue book guide to camper values used cars. Kelley blue books fair purchase price tool is compiled from transactions conducted across the united states. Kelley blue book private party pricing report ford, f150. In the kbb, you can find values of camper vehicles that are over two decades old. The kelley blue book is the most popular usedcar buying guide.
For new automobiles, kelley blue book also provides information about a cars msrp and dealer invoice price. You can still calculate values from book editions, but its easier and quicker to use the sites online tools, which give you a free value in just a couple of minutes. By simply filling in a little information year, make, model, mileage, and vehicle condition kelley blue book will estimate the cars value, which in turn can be used during any one of a myriad of buying decisions. Kelley blue book is a very good resource, but it should not be the only one you consult. The kelley blue book condition quiz helps you ask the right questions when considering a used vehicle purchase. Recreational vehicle pricing guides, however, can mislead you. Recreational vehicle pricing guides kelley blue book is an amazing place that collects and preserves prices for all kinds of vehicles. Get the kelley blue book value for your used car or tradein vehicle, find tools to help you with buying or. Now published quarterly, the consumer edition of the kelley blue book used car guide includes current tradein values, private party values, and suggested retail values on more than 10,000 models of used cars, trucks, and vans. The label also included the blue book price and the kelley blue book official seal. The tradein value on our site supposes that the vehicle is in fair, good, very good or excellent condition and. Boat values kelley blue book used cars and motorcyles. The kelley blue book vehicle condition quiz will accurately assess the value of your car for your tax purposes, not the average value of a car like yours.
Get the kelley blue book value for your used car or tradein vehicle, find tools to help. Although none of the top used car buying guides is perfect, when taken together. According to kelley blue book, for new vehicles, this is the kelley blue book fair purchase price, which is the price people are typically paying a dealer for a new car. The kelley blue book private party value reports on a fair price when selling the. You have to think about the options, the condition, the mileage and where you.
In the used car kbb, the car book value is divided into several categories that are determined by the vehicles condition. Black book, on the other hand, rates it at clean, average, or rough. On new vehicles, an invoice provides information on the manufacturers suggested retail. First you must acknowledge that pricing on boats differs greatly depending on a variety of factors including location, condition of the boat, and the time of. When the fair condition indicates that the car needs servicing, and the car is currently due for a major tuneup, timing belt, and front brakes, what percentage of these maintenance costs can i subtract from the suggested book value. Dealers use kelly blue book to establish the value of tradeins as well as comparing numbers to set their lot prices. When buying a used car, its usually hard to know what a fair price is.
If you donate a car to a charitable organization, you must determine its fair and accurate market value based on its condition at the time of the donation. Although the kelley blue book dates to the 1920s, it didnt publish a consumer edition until 1993. Historically, kelley blue books have been available in bound form, but you can now access kelley blue book information on the internet by answering a few questions about the vehicle in question. If so, then you might have checked kelley blue book kbb to determine a fair selling price. In the most basic sense, kelley places a large amount of emphasis on mileage, condition, features, and popularity, while nada tends to focus on the vehicles wholesale price i. The final sales price depends on the cars actual condition and local market factors. The kelley blue book is widely accepted as an accurate, but also fair value of a vehicle to both the buyer and the seller.
What is the kelley blue book value on a fair condition. It helps to have a trusted pricing source on your side. If you have minor damage and are handling the body damage claim yourself, tell the insurance adjuster you want to get a receive payment for diminished value for the car in addition to the body shop costs. The kelley blue book private party value reports on a fair price when selling the car to an individual instead of doing a dealer trade in. Tell us the cars condition excellent, very good, good, or fair or, if youre not sure. Find out what the kelly blue book value of your car is. About kelley blue book used car prices when buying a used car, its usually hard to know what a fair price is. The kelley blue book lend ing value is kelley blue books benchmark value for wholesale and retail lenders. Web visitors enter the car values section from the menu at the top of the page to search for the year, make and model of the truck for which a value is desired. Determining the fair market value of a used car is easy with the kelley blue. 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 for a new car in your area this week. Both new car invoice prices and kelley blue book provide a way to calculate the fair market value of a vehicle. Kbb offers you the make, design and engine type of the boat to establish the tradein value. The fair market range and fair purchase price are based on massive amounts of data.
Kelley blue book rates the condition of a used car as being excellent, good, fair, or poor. The fair purchase price is regionalized based on actual newvehicle transactions collected from across the country and adjusted regularly as market conditions. Covering 15 model years, the book includes vins, original list prices, easytouse equipment schedules with values for. Our values are the results of massive amounts of data. This vehicle has a clean title history, the paint, body and interior have only minor if any. Consumer edition january march 2016 kelley blue book on. You can determine the condition of a vehicle by taking a condition quiz found on the equipment selection page, or by comparing the car to these category definitions.
Youll get a fair estimate of your used cars value that youll be able to take to the dealer. Kelley blue book values reflect local conditions in over 100 different. Kelley blue book lists prices for private sales, tradeins, and dealership prices, so if you are the shopper who is willing to shop around between different dealerships and private sellers, this guide would be your goto reference. By 1996, consumers could visit the companys website, to find values for new and used cars. If the tradein vehicle has been well maintained, the nadaguides. Click on the topics below for more information about appraising and selling your unit. You have to consider not just the type of vehicle, but the vehicle condition, mileage and options. You have to consider not just the type of vehicle, but the vehicle condition, mileage. Why doesnt kelley blue book list tradein values, private party values, or a.
To accurately assess a vehicles fair market value, you must use this quiz, which takes the vehicles engine, options and condition into consideration before assigning a final value to the donated vehicle. Kelley blue book reports used car values for a variety of buying and selling transactions. For both new and used automobiles, kelley blue book provides a fair market range and fair purchase price, based on actual transactions of what others are paying for a vehicle and adjusted regularly as market conditions change. The kelley blue book for rvs would seem to be the simple way to price your unit. Good thing kelley blue book has over 90 years of experience with used car pricing and weve done the analysis for you. Kelley blue book names 10 best backtoschool cars of 2019. Although, there are many misconceptions about the guide that create confusion among consumers. Once the search page appears, visitors see three search boxes. Our values are the results of massive amounts of data, including actual sales transactions and auction prices, which are then analyzed and adjusted to account for seasonality. Kelley blue book new and used car price values, expert. This vehicle has a clean title history, the paint, body andor interior need work performed by a professional.
While the kelley blue book is useful when purchasing new cars or other vehicles, it is particularly useful when purchasing used cars. Currently, the kelley blue book site does not offer values on vehicles beyond a make of 1993. Used car values, price guide and tradein estimator. This printable form makes it easy to take with you when assessing a vehicles condition or use it when asking the seller the true condition of the vehicle youre interested in. The kbb or kelley blue book, and the nada guid e will help you out. Can i realistically get the kelley blue book price. How to figure the blue book values for vehicles older than. The steps below will provide a simple process on getting an accurate blue book price for a new or used boat. Private sellers use it as the bible in selling their personal cars. Fair condition means that the vehicle has some mechanical or cosmetic defects and needs servicing but is still in reasonable running condition. 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.
To get the most accurate sense of your cars condition, please answer each question honestly. Thr r lots f rn u m want t know th value of ur boat. Either way, youll get a good sense of the condition of your current vehicle or one that youre interested in. With another semester about to kickoff, the editors at kelley blue book have named the 10 best backtoschool cars of 2019.