Kelley blue book is company that estimates the values of vehicles. If you would like more information from auto loan dealers in your area please fill out our two minute auto loan application and a dealer in your area will get back to you within two days. During the bookout process, your cars condition is compared against the book values used by your lender like nada, kelley blue book, or blackbook and evaluated to appraise your car. The blue book value of a used car is a reference to kelley blue book. Kelley blue books quick values delivers auto values that are reliable and easily accessible. Therere three nationally recognized, widely used car valuation guides. This is because a cars value can differ between valuation guides such as kelley blue book, nadaguides, and black book the three most. Founded in 1917, the national automobile dealers association represents the interest of new car and truck dealers to the public, the media, congress and vehicle manufacturers. Vehicle history report car values car loans insurance check my credit extended. Define the vehicle by vin or yearmakemodel, and get instant access to industryrelevant values. Quick values webbased kbb values kelley blue book b2b. You can access all three car value guides online with no charge. Proudly serving buyers and sellers of various vehicle types, both companies calculate and publish vehicle values based on proprietary methods. Blue book car prices auto wire can i use winter tires all year to save money.
Kbb used car values, dealers used car cost, kelley blue. Nada guides is the leader in accurate vehicle pricing and vehicle information. Kelley blue book also calculates and provides values for the suggested price of an automobile at automakeraffiliated certified preowned dealerships. Most lenders will quote you a loan to value based on one of these two factors. 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. Loan value is the amount a lender will let you borrow to buy the vehicle. Find used car trade in, resell, certified preowned and retail values of used vehicles based on the condition, mileage and other factors of the car sale. An invoice is produced, and that figure on the document is your cars value thats the number theyll use to calculate your loantovalue ratio when. Kelley blue book marketreflective values are based on millions of wholesale and retail vehicle transactions, a multitude of economic variables and a constant feed of data from nearly 3 trillion data points. Published since the 1920s, the kelley blue book has long been the goto source to determine the value of a used car. 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. Auto resources auto safety lemon laws new used auto values kelley blue book car buying tips. See the latest and greatest features of the newly redesigned cars, trucks and suvs headed to a dealer near you in 2019.
New car prices and used car book values nadaguides. The kelley blue book values are sometimes lower than the nada values since the nada algorithm calls for all tradeins to be in very clean condition. 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. Steps on how to check you car value with kelley blue book online the kelley blue book is the recognized leader in determining used car values. In a recent announcement, kbb unveiled its new quick values auto price tool that will be available for dealers, insurance offices and other business clients to try free. Kelley blue book used cars value calculator how to. If so, youll need enough of a down payment to cover the difference between the cost of the car and the loan value. Kelley blue book receives realworld used car prices on a daily basis from wholesale auctions, independent and franchised dealers, rental fleets, auto. Get used car values with edmunds car value appraisal tool. Nadaguides national appraisal guides and kelley blue book both have a long history devoted to providing consumers and businesses with accurate vehicle pricing information. Dealers can use both kelly blue book and nada values depending on their preference. Based on the black book value of a acura, this is the amount you can expect to receive for youracura if you sell it to the dealer at the same time you are purchasing a new vehicle. Price digests vin decoding vehicle data truck blue book.
Kelly blue book and nada guides serve as the base assessment for the actual value of the vehicle you are purchasing. The prices listed in the trade edition of the book published for the auto industry only indicate the value of vehicles that have been reconditioned to. We also have blue book values for the things you ride. Loan value represents a percentage of the value of the vehicle relative to the loan amount. Learn about kelley blue book, edmunds,the black book, n. The kelley blue book resource is an easy way to find out the book value of any cpo today. Keep in mind that banks use other information to determine whether they will loan money on a vehicle. The kelley blue book has all the information that you need whether youre planning to purchase a brandnew or used car. Kelley blue book values blue book values kbb vs nadaguides.
Some banks use kelley blue book to establish their loan values, others. Finally, a fair purchase price tool provides a snapshot of a vehicles actual selling price from tens of thousands of sale transactions. Get the kelley blue book value for your used car or tradein vehicle, find. Use autotraders used car valuation tool to find the kelley blue book value of the car youd like to sell or buy. Lenders use this number to help them calculate loan risk. Canadian black book is a service that allows drivers to learn the estimated value of their preowned vehicles aka their canadian black book value. Quick values is flexible enough to serve organizations of any size. New kelley blue book tools for dealers auto loan daily. Nadaguides national appraisal guides and kelley blue book both have a long history. Kelley blue book new and used car price values, expert car. Book value does not take individual condition of a single vehicle into. Understanding kelley blue book values dealer edition. Total purchase price before tax this entry is required. There are several ways of determining car loan value.
Qualifying vehicle must be designated as electric or hybrid. Since 1926, kelley blue book has been one of the most trusted names in the auto industry. Dealerships and private sellers crossreference both of these guides in order to establish rational prices, and by educating yourself with these values, you are more likely to receive a fair offer. The kelley blue book was founded in 1926 by california car dealer les kelley to help fellow car dealers assess the value of used cars. Usually when someone is talking about car loan value theyre referring to used cars. If you choose to sell your car yourself, the private party value stands as a starting point. Financial calculators 19982018 kje computer solutions, inc. Kelley blue book is a company that was founded in 1926. Please be aware that auto dealers may use the kelly blue book for tradein values, which will often be less than nada.
Cars for sale sell your car free dealer price quote vehicle history report. Kelley blue book is probably best known for trade in values and private party values for the car you already have. Values finance, insurance, government kelley blue book b2b. Research the latest new car prices, deals, used car values, specs and more. Originally born out of a car dealerships need to assign values to its inventory of automobiles, kelley blue book began publishing an extensive list of automobile values in 1926. New or used auto values easy auto credit auto loans. Certified preowned cpo cars are highquality, lowmileage used cars that have been thoroughly inspected and backed by an extended warranty. This kbb used car values guide is packed with some very powerful, completely free information that will show you how to figure a car dealers used car cost and how to maximize your trade in value to get top dollar. Kelley blue book loan value download kelley blue book loan valuekelley blue book used cars loan value c604b1855d autogravity,on,tuesday,announced,the. You can even use the vin, or vehicle identification number, of a car to determine the blue book value. However, every dealer is different and values are not guaranteed. The edmunds calculator for used car values bases its pricing on data from a wide variety of sources, including dealer transactions, depreciation costs for unique automobiles, and consumer information. Access kelley blue book vehicle values any time you need them. Maximum loan amounts are based on 120% msrp for new auto loans and 100% kelley blue book retail value for used auto loans which both may include tax, license, gap, extended warranty or other auto related addons.
What is your car worth and what is your vehicle book value. You might say we literally wrote the book on car values. The ltv ratio is always presented in the form of a percentage. This is important because the loan value may be less than the price. Kelley blue book values blue book values nadaguides. The blue book or kelley blue book lists new and used car prices. The ltv is the maximum percentage of the book value the lender will let you borrow. Although automotive experts acknowledge that the kelley blue book is one of the most popular and trusted guides in automotive pricing, the question remains.
This allows kelley blue book to generate fresh, local and relevant vehicle values your organization can rely on. Compare real, custom auto loan offers from up to 5 lenders in minutes. Kelly blue book and nada guides compared kelly blue book and nada guides serve as the base assessment for the actual value of the vehicle you are purchasing. Multiply the assessed value by the ltv percentage to determine how much the bank will loan on the vehicle. Find out what your car is worth at, the trusted resource for used car values. Kelley blue book or kbb and nada guide are both highly recommended for this endeavor. Read more after bestever october for sales, bargins abound for car buyers. Kelley blue book values reflect local conditions in over 100 different geographic regions and are updated weekly to give consumers the most uptodate used car pricing information. The loan value of a used car is not the same as its price or book value. Auto resources auto safety new used values lemon laws. Nada blue book values for used cars, certified preowned cars and more, brought to you by the national automobile dealers. Find the right value to sell or purchase and never overpay again. The manufacturers suggested retail price determines new vehicle values.
Nada blue book values for used cars, certified preowned cars and more, brought to you by the national automobile dealers association. Covering new car loans, used car loans and even auto refinancing for your current car, lendingtree offers kelley blue book visitors a wide range of finance options. Asset types truck trailer auto marine powersport rv grounds. Get the kelley blue book value for your used car or tradein vehicle, find tools to help you with buying or. Types of vehicles and the amount financed will usually include applicable rebates, taxes, titling fees, and warranty. How to determine the amount a bank will loan on a car. Check car prices and values when buying and selling new or used vehicles.1066 284 1330 97 923 168 1144 1140 472 867 601 1519 379 679 52 327 274 751 1419 1162 1421 917 857 307 317 804 1229 75 1295 1295 414 525 698 352 906 831 1327 1427 400 275 1406