Kelly blue blook

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Kelley Blue Book is an Irvine , California -based vehicle valuation and automotive research company that is recognized by both consumers and the automotive industry. In , Kelley Blue Book created its company website, which contained tips and pricing information from its hardcopy guide. In , the company formed an alliance with Bitauto Holdings Ltd. The company reports market value prices for new and used automobiles of all types, as well as motorcycles, snowmobiles and personal watercraft. Contents move to sidebar hide. Article Talk.

Kelly blue blook

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American vehicle valuation company.

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That's why a third-party source like Kelley Blue Book is important. Kelley Blue Book has been an independent source of vehicle values since its founding in And the fact that it is an independent source of information is important. Without an established, independent source of vehicle values, each used car price negotiation would be infinitely more complicated. That information is important to consumers and used-car dealers, and it is also important to others who need it — financial institutions, insurance companies, and governmental agencies. For the used-car pricing information to be useful, it must be accurate, if not "penny perfect. The parties must believe the used-car pricing is reliable if they are going to rely on it as they negotiate and come to a deal. Kelley Blue Book values are derived from massive amounts of data, including actual sales transactions and auction prices, which are analyzed and adjusted to account for seasonality and market trends. Because the auto market has significant regional differences, they are also adjusted to reflect local conditions in over different geographic areas and are updated weekly to give consumers up-to-date used-car pricing information.

Kelly blue blook

Kelley Blue Book is an Irvine , California -based vehicle valuation and automotive research company that is recognized by both consumers and the automotive industry. In , Kelley Blue Book created its company website, which contained tips and pricing information from its hardcopy guide. In , the company formed an alliance with Bitauto Holdings Ltd. The company reports market value prices for new and used automobiles of all types, as well as motorcycles, snowmobiles and personal watercraft. Contents move to sidebar hide.

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December 11, NADA with J. The Bottom Line. Most dealers do not use KBB for trade-in wholesale values. Create profiles to personalise content. Although automotive experts acknowledge that the Kelley Blue Book is one of the most popular and trusted guides in automotive pricing, the question remains: Is it accurate and reliable? You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy. The Wall Street Journal. Kelley Blue Book receives real-world used car prices from wholesale auctions , independent and franchised dealers, rental fleets, auto manufacturers, lessors , and private party transactions. Article Sources. That process results in 12 different used car values, in addition to several new car values. Related Terms.

T here are three different tools that car dealerships and you, the potential buyer or seller, can use to figure out the right price to pay or ask for.

Bloomberg Businessweek. The website features general pricing on used cars, information on reliability, cars to avoid, and much more. The Globe and Mail. Hendrick Motorsports. Information services, E-commerce software, Automotive. LA Times. Car Insurance Car Ownership. Florida Times-Union. October 26, Key Takeaways The Kelley Blue Book—and its equally popular website—is one of the most trusted guides for automobile pricing, used by those who are buying or selling cars. Auto Remarketing. Part Of. Partner Links.