The final sales price depends on the cars actual condition and local market factors. The discrepancy can be attributed to the simple fact that kelley blue book and nada guides use two different methods for calculating a vehicles value. In the world of used car sales, there are no preset values, so a dealer is free to use whatever sticker price it wants for a used car. Whether youre buying or selling a car, truck or suv, you cant get away from what wed call blue book mania. Kbb is used more frequently and has been around since 1918, while the black book started in 1955. Mar 02, 2020 the term blue book value refers to the value of a vehicle by a guide known as the kelley blue book.
The automotive black book is another valuation system for valuing cars. Black book values focuses on data points that can help lenders and dealers better identify vehicles with lower risks and higher potential profitability. Kelley blue book is a trusted resource in the automobile industry used by consumers and dealerships to determine pricing and values for vehicles. Little black book vs blue blood chapter 32 english youtube. Canadian black book also claims to be the standard by which vehicle values are determined in canada.
The kelley blue book and black book both claim to be the most accurate source of information when it comes to pricing used cars, but they actually serve different purposes. The number one source of guitar and amplifier pricing and information so you can find the. When the kelley blue book was first around, it was mostly used for evaluating ratings and values for cars, and eventually came to include new prices. The black book breaks down average coin values for all types of u. Studies indicate that the kelley blue book provides lower pricing the black book car pricing. Read about their similarities and differences below, and dont hesitate to contact us if you have any questions. Feb 28, 2020 the kelley blue book is the most popular usedcar buying guide.
Be aware that insider guides like manheim or black book tend to show. Canadian black book is a service that allows drivers to learn the estimated value of their preowned vehicles aka their canadian black book value. Jan 17, 2017 the red book is vital and fairly comprehensive guide to us coins, i know dealers who dont consider coin a variety unless it is in there. But the black book cpi is my mainstay in determining the true value of any rare or unusual vehicle which i buy or sell. Black book provides the wholesale or auction value of your car, which is the amount a dealer might pay for it. Nadaguides national appraisal guides and kelley blue book both have a long history devoted to providing consumers and businesses with accurate vehicle pricing information. However, remember these comparisons can change week to week for black book, month to month for the others and definitely region to region.
Below we outline the various publications should one interest you. From what i have seen the blue book is just rock bottom pricewise, maybe the same % under red book year to. Kelley blue book private party value the kelley blue book private party value is the starting point for negotiation of a used car sale between a private buyer and seller. Get the kelley blue book value for your used car or tradein vehicle, find tools to help you with buying or. In my prior experiences, blue book was useless as their trade in value is always too high and no. Nada guide, black book and kelley blue book compared autoblog. It will help you work out the approximate book value of your car easily and free. Welcome to canadian black book, the definitive source for unbiased vehicle pricing and valuations in canada for over 55 years.
Their pricing and value data includes statistical analysis that allows for current and timesensitive changes in historical valuation to be easily understood resulting in reliable predictors of values and potential risks. The guide not only lists the value of new vehicles, but it also lists used car values. They have been around since 1918, while black book started in 1955. Little black book vs blue blood chapter 32 english. Consumers are apt to run across black book values only when they sell their cars to vehicle resellers. The kelley blue book is a car valuation guide for new and used cars from the consumers side, supplying prices of cars. Nada blue book values for used cars, certified preowned cars and more, brought to you by the national automobile dealers association. More consumers rely on the kelley blue book, but both can provide helpful pricing information. Black book is the canadian version and is what the dealers use to assess wholesale value of a vehicle. I use the kelley blue book and the black book for used car valuation. We offer free price and valuation tools where new and used car shoppers can look up the. Nadaguides vs kelley blue book values nadaguides book value. The black book, like kelley blue book, provides a value for different used car makes and models so car dealers will know how much a vehicle is worth. Both the kelley blue book and the black book provide tradein and retail values on used cars.
The kelley blue book gets more traffic when it comes to being used by buyers. There are two valuable sources for gathering information about the value of your used car. Black book and kelley blue book are both usedcar pricing guides. The number one source of guitar and amplifier pricing and information so you can find the price and value of your used guitars and amplifier. Oct 26, 2009 kelley blue book kbb is a renown valuation guide whereas black book bb is lesser known. Formally known as the kelley blue book, it was originally. Black book used car values kelly black book nadaguides. Aside from their different colours, they all provide similar services and data to help owners determine the market value of their car. This is because the black book receives prices for used vehicles based on 50 weekly auctions, where they calculate an average, and update that every week.
Find out what your car is worth at, the trusted resource for used car values. This valuewhich is based on sales data, auctions, brand equity, and the pricing of similar vehicles across canadais the most accurate estimate a consumer is likely to find. Their pricing and value data includes statistical analysis. Whats the difference between the red book and the blue. From what i have seen the blue book is just rock bottom. Its more for dealer to dealer than it is for tradein valuetype stuffwholesale valuethan it is for what a consumer can sell to another consumer like if you listed.
The black book is similar to price guides such as the kelley blue book. Dealership new scam, nadablue bookblack book value. However, the blue book also provides figures on new cars and privateparty sales and its rating system on used car conditions is different from the black book s. Kelly blue book kbb and the national automobile dealers association nada are two other popular providers.
Is there a difference between black book vs kelley blue book trade in values. 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. Getting a tradein estimate for your vehicle is as easy as 123. While blue book and black book dont compete directly, blue book does compete with. Kelley blue book vs black book indiana andy mohr automotive. Estimates are available for used cars in extra clean. Feb 20, 2020 blue book is a guidebook that compiles and quotes prices for new and used automobiles and other vehicles of all makes, models and types. Lynn faeth, owner of the scout connection dealership in iowa, had this to say on the two uses. A handbook of united states coins blue book 2019 the. Car prices and values for trucks and suvs canadian black book. The black book is the wholesale version of the books above and shows relative wholesale values when you sell coins into the market. The black book for motorcycles is a price guide that motorcycle dealers use to determine the resale and tradein values for a motorcycle. To use the book value calculator, simply follow the steps above to get the approximate book value of your car.
The black book is usually a culmination of values from the dealer auctions. Kelley blue book and edmunds kelley blue book and edmunds are two of the most well known used car pricing guides in the united states. Estimates are available for used cars in extra clean, clean, average and rough conditions. The kelley blue book has been trusted by many buyers since 1918. Jan 07, 2014 much more detailed and encompassing than the blue book, the red book is used by both collectors and dealers on a daily basis. Whats the difference between the red book and the blue book. Kelley blue book both kelley blue book and black book gather thousands of data points from auctions, banks and leasing companies all over the country. Powered by canadian black book the industry leader in residual values for more than 55 years it takes just a minute to get the. Red book vs blue book us, world, and ancient coins ngc. Apr 15, 2020 whether youre buying or selling a car, truck or suv, you cant get away from what wed call blue book mania. Kelley blue book is more for the consumer to get a hold of the information. Black book updates its online information daily while kelley blue book or kbb, updates its information weekly.
The best tool to determine your cars value car news. We offer free price and valuation tools where new and. Find the current blue book value and worth of your new and used guitars, both acoustic, electric and amplifier. What is the difference between black book value and kelly. Kelley blue book provides both comprehensive vehicle. Blue book value financial definition of blue book value. Data black book acquires their pricing data from wholesale auctions, and retail. Are you looking to sell your vehicle or trade it in. At one time the blue book value was a used car insiders term like cream puff or. Kbb is the wholesale valuations and average market valuations for the united states.
A handbook of united states coins blue book 2019 the official blue book of united states coins r. Black book vs kelly blue book trade in values fremont motors. If youre selling a used car, you need to know how much it is worth. Kelley blue book kbb is a renown valuation guide whereas black book bb is lesser known. The black book is similar to price guides such as the kelley blue book and nada guide, but it is less wellknown. The kelley blue book is the most popular usedcar buying guide.
Little black book vs blue blood holy book and highness, is a story when all of a sudden, i traveled through time and space to be a little black book, bearing the mission to grant prince kang a. Finding the blue book value of your new and used firearms, including pistols, rifles, shotguns, airguns, and blackpowder guns is easy with the number one source of gun pricing. The term blue book value refers to the value of a vehicle by a guide known as the kelley blue book. Black book auto value by sarah brumley the kelley blue book and black book are both price guides for used vehicles, but theyre used in radically different ways. Find out the difference in our kelley blue book vs. Be aware that insider guides like manheim or black book tend to. Nadabut, nada is usually used by banks or car dealers to show you an inflated price value. The book did not shock me, probably because i had the advantage of being an insider when much of what mr. They are also lower than the edmunds price guide, and the nada. This is an as is value that does not include any warranties. What is the difference between kelley blue book and kelley. Both the black book and the kelley blue book can help in. The used car prices black book and blue book values serve different purposes.
The red book is vital and fairly comprehensive guide to us coins, i know dealers who dont consider coin a variety unless it is in there. Tradein value when you want to trade your car to a dealership. The black book is also popular, though not as old, as it was started. Kelley blue book values blue book values kbb vs nadaguides. The original car book value calculator, online since 2008. Powered by canadian black book the industry leader in residual values for more than 55 years it takes just a minute to get the tradein value estimate for your vehicle. The black book was established in 1955 by three businessmen in gainesville. For example, in an earlier study, black book data showed lower wholesale values than the nada guide, but higher than the kelley blue book numbers. Both books claim to be the more accurate source of used car pricing guides.
Canadian black book provides free car values, new and used car prices, and vehicle listings. Get used car values from black book with our car pricing guide and compare black book to kbb and nadaguides, two other popular valuation sources. The best tool to determine your cars value car news auto123. Kelley blue book and the black book are two major resources available which can help you assess the price of a vehicle you. Nadaguides national appraisal guides and kelley blue book both have a long history devoted to providing consumers and.
Mar 11, 2020 knowing which value to use can often be confusing. Mar 31, 2019 little black book vs blue blood holy book and highness, is a story when all of a sudden, i traveled through time and space to be a little black book, bearing the mission to grant prince kang a. Book value get the book value of your car easily and free. Much more detailed and encompassing than the blue book, the red book is used by both collectors and dealers on a daily basis. This site provides values and information on firearms in a convenient online pricing guide format, and allows you to find out what your used guns are worth. However, if you want to sell your coins, the blue book gives the wholesale value and what the dealer.
127 159 42 1264 56 128 634 882 258 1075 30 633 337 66 94 1104 53 1249 470 841 701 1357 1520 735 1230 133 35 317 195 628 809 383 706 24 861 523