Consumers are apt to run across black book values only when they. Although none of the top used car buying guides is perfect, when taken together. Kelley blue book gets price data from the same places as black book, along with new and used car dealerships. Jan 23, 2015 kelley blue books best resale value awards are in its th year and are based on projections from the kelley blue book official residual value guide.
Kelley blue book values blue book values kbb vs nadaguides. Check car prices and values when buying and selling new or used vehicles. The black book for motorcycles is a price guide that motorcycle dealers use to determine the resale and tradein values for a motorcycle. Kelley blue book also calculates and provides values for the suggested price of an automobile at automakeraffiliated certified preowned dealerships. Oct 26, 2009 kelley blue book kbb is a renown valuation guide whereas black book bb is lesser known. In 1955, three businessmen founded black book in georgia. Find out your cars value with kelley blue book duration. Kelley blue book has made it easier than ever to access the uptodate values most relevant to industry, including lending value and auction value. The origins of kelley blue book date back more than eighty years, when a young car salesman from california, les kelley, began compiling a list of car prices as a tool for helping him evaluate vehicle value. The history of used truck prices black book refuted. 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. Kelley blue book vs black book indiana andy mohr automotive. Our values are the results of massive amounts of data. This report is intended for the individual use of the person generating this report only and shall not be sold or transmitted to another party.
Both kelley blue book and the black book claim they offer the most accurate information to best suit their buyers and sellers. Studies indicate that the kelley blue book provides lower pricing the black book car pricing. See what consumers and kbb experts say, plus get free access to s fair purchase price. Perhaps adding a hybrid to the lineup will make those sales even hotter. 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. This is an as is value that does not include any warranties. Kelley blue book is more for the consumer to get a hold of the information. 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. Kelley blue book continues to provide leading edge usedvehicle data and information that dealers can use in purchasing and marketing inventory competitively, said chuck.
You might say we literally wrote the book on car values. Feb 26, 2016 find out your cars value with kelley blue book duration. In the long run, kelley blue book used car pricing can act as a great barometer for purchasing and selling a motor vehicle. For over 90 years, kelley blue book has been the trusted resource for used car values, helping car owners understand what their used car is worth. Mar 23, 2018 studies indicate that the kelley blue book provides lower pricing the black book car pricing. Canadian black book provides free car values, new and used car prices, and vehicle listings. What do dealers really mean when they refer to the blue book price. Finally, a fair purchase price tool provides a snapshot of a vehicles actual selling price from tens of thousands of sale transactions.
Black book updates its online information daily while kelley blue book or kbb, updates its information weekly. What is the difference between black book value and kelly. Kelley blue book is heavily used on the west coast, black book in the southeast, and nada is more widespread nationally due to its heavy dependency from financial institutions in regards to loan originations. Canadian black book is a service that allows drivers to learn the estimated value of their preowned vehicles aka their canadian black book value. Free kelley blue book for semi trucks black book truck value naturally, plenty of men and women call that 1940s dining room set antique but it isnt. 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 automotive industry. Get used car pricing and explore thousands of car listings at kelley blue book. Kelley blue book is a very good resource, but it should not be the only one you consult. Depending on the method of disposal, there actually may be more than one blue book.
More qualified to compare prices of used car blue book or black book. When youre visiting a dealership, you can walk in confidently with the kelley blue book. Contrary to kelley blue book prices, black book prices are estimated using official data that derives from the salesmans end of the preowned carbuying process. Welcome to canadian black book, the definitive source for unbiased vehicle pricing and valuations in canada for over 55 years. Mar 10, 2019 free kelley blue book for semi trucks black book truck value naturally, plenty of men and women call that 1940s dining room set antique but it isnt. Estimates are available for used cars in extra clean, clean, average and rough conditions. Kelley blue book is a trusted resource in the automobile industry used by consumers and dealerships to determine pricing and values for vehicles. Used car values look up for kelley blue book so many people today are engaging with the car market. It was to become the largest dealership in the world and, along the way, spawn a need for placing values on used and even new cars, known as blue book values.
The kelley blue book and black book values are quite similar and provide information thats vital to establishing a wholesale price for new or used vehicles. Get the kelley blue book value for your used car or tradein vehicle, find. Both books claim to be the more accurate source of used car pricing guides. It is commons sense to look up the kelley blue book or any other blue book on the internet when in the market looking for a cars value. The used car prices black book and blue book values serve different purposes. Private buyers and sellers can only access information from the kelley blue book. And while they both provide tradein and retail values on used cars, kelley blue book. In 1926, les kelley created the signature kelley blue book. The kelley blue book has been trusted by many buyers since 1918. They have been around since 1918, while black book started in 1955. Find out what your car is worth at, the trusted resource for used car values. At one time the blue book value was a used car insiders term like cream puff or cherry, but today the phrase is, uh, all over the lot. They are also lower than the edmunds price guide, and the nada. We offer free price and valuation tools where new and.
For over 40 years, kelley blue book has been the trusted resource for motorcycle values and pricing. Visit canadian black book and select a make and a model to find the right car that suits your need. The kelley blue book is a car valuation guide for new and used cars from the consumers side, supplying prices of cars based on the. This pricing data comes from oems, wholesale auctions. The name itself originates from an old registry which lists those of high society and was named the blue book. Kelley blue book new and used car price values, expert. Both resources are ultimately dependable, and similar, though search results could depend on specific vehicles or specific markets. The black book was established in 1955 by three businessmen in gainesville. The kelley blue book is a car valuation guide for new and used cars from the consumers side, supplying prices of cars based on the specifications of the particular vehicle. There are a number of reasons why folks buy used diesel trucks. Kelley blue book new and used car price values, expert car. The kelley blue book gets more traffic when it comes to being used by buyers. While black book is mostly used by dealers, kelley blue book not spelled kelly blue book without the e is mostly used by individuals looking to trade in or sell their vehicles. The blue book is where drivers look to know what amount they can expect to purchase a vehicle or sell a vehicle for.
Kelley blue book regularly updates its motorcycle values to give consumers the pricing. Kelley blue book vs black book prices bmw of arlington tx. Whats the difference between kelley blue book and black book. Mar 10, 2019 kelley blue book used pickup trucks gmc. 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. The kelley blue book and black book are both price guides for used vehicles, but theyre used in radically different ways. The black book is similar to price guides such as the kelley blue book and nada guide, but it is less wellknown. The specific information required to determine the value for this particular vehicle was supplied by the person generating this report.
The honda crv remains one of americas hottest selling compact suvs. Depending on the method of disposal, there actually may be more than one blue book value for the consumers car, truck or suv. Ask any used car dealer what the most accurate guide book is and you will likely get very different answers depending on what part of the country you are located in. Kelley publishes more than one price guide for used cars, but the one your dealer is likely to use is the one labeled kelley blue book auto market report official guide, the version of the. But, if you are living in canada, that is a different story. The final sales price depends on the cars actual condition and local market factors. Consumer edition january march 2017 kelley blue book used car guide consumer edition by kelley blue book jan 1, 2017. Semi truck blue book free commercial truck values online.
When youre visiting a dealership, you can walk in confidently with the kelley blue book tradein value and tradein range for your car. Quick values is flexible enough to serve organizations of any size. They have been around since 1918, while black book. Black book used car values kelly black book nadaguides. Plus, it updates its information weekly, while black book updates it daily. 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. Kelley blue book canada nada blue book, nada guide. Nov 17, 2014 however, remember these comparisons can change week to week for black book, month to month for the others and definitely region to region. 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. Autoblog explains the difference between the nada guide, black book. Canadian black book helps find you the true market value of used cars, suvs, boats and motorcycles in 2020. Kbb is used more frequently and has been around since 1918, while the black book started in 1955. Sep 01, 20 kelley blue book gives users the option to list the condition of the vehicle on a range from excellent to poor, which will adjust the price and value, resulting in a more accurate quote. Since 1926, kelley blue book has been one of the bestknown names in the auto industry.
The black book also supplies price quotes, but its main customers are car dealers who use the listed wholesale prices as a guideline for pricing their used cars. Since those early beginnings, kelley blue book has become the gotochoice among both dealers and. Kelley blue book is probably best known for trade in values and private party values for the car you already have. Kelley blue book also primarily utilizes asking price information in their weekly valuation processes. And while they both provide tradein and retail values on used cars, kelley blue book also provides numbers on new cars and privateparty sales. Black book values focuses on data points that can help lenders and dealers better identify vehicles with lower risks and higher potential profitability. Nov 25, 2019 ask any used car dealer what the most accurate guide book is and you will likely get very different answers depending on what part of the country you are located in.
The black book is also popular, though not as old, as it was started. Kelley blue book collects its information by consistently attending and analyzing results and prices from car auctions. Nada blue book does not feature any loan or insurance information on their website. The automotive black book is another valuation system for valuing cars. Find out the difference in our kelley blue book vs. A truck is a beneficial tool for many folks in outdoor and agricultural settings. Kelley blue book canada pricing used cars in canada it is commons sense to look up the kelley blue book or any other blue book on the internet when in the market looking for a cars value. While black book is mostly used by dealers, kelley blue book not spelled kelly blue book without the e is mostly used by individuals. Search for your next used car at, the site you trust the most. Since 1926, kelley blue book has been one of the most trusted names in the auto industry.
Nada guide, black book and kelley blue book compared autoblog. Black book and kelley blue book are both usedcar pricing guides. The 52yearold, widelyused black book guide is circulation controlled, restricted to dealers and financing sources. Consumers are apt to run across black book values only when they sell their cars to vehicle resellers.