If you're looking to sell your pre-owned car, Kelley Blue Book offers a service much like Edmunds' popular instant offer program. Good, or perhaps Very Good, would be a better starting point for the condition of your used car. Many people tend to overinflate their car's value and label it "excellent" when, according to Kelley Blue Book, only 3% of vehicles fit that description. When determining the value of your used car, Kelley Blue Book will give you a price based on four condition levels: Fair, Good, Very Good and Excellent. If you're selling your vehicle, you can use the values to check what its trade-in value is. If you're a new- or used-car buyer, you can use the Edmunds or Kelley Blue Book car price to help determine a fair market range to pay at the dealer. The market value can be used in a number of buying and selling scenarios. When a car buyer asks for the "Blue Book price," what they actually mean is that they're looking for an accurate car value in the current market. Here on Edmunds, we have similar pricing data on cars and much more. In 2010, Kelley Blue Book was acquired by Autotrader, and the brands now are closely interconnected under the Cox Automotive umbrella.īut Kelley Blue Book isn't the only place to find car prices these days. Kelley Blue Book's car prices were so commonly used by dealerships that the term "Blue Book" became a part of dealership lingo, and many car shoppers eventually adopted it as well. The company dates back to the late 1920s, when it published an actual blue book that dealerships referenced to provide car values and pricing information. Kelley Blue Book, or KBB for short, is an automotive shopping website.
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