Truck blue book value

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"Blue Book pricing!" "We're selling below Blue Book!" "Get true Blue Book value for your trade-in!" Whether you're buying or selling a car, truck or SUV, you can't get away from what we'd call Blue Book mania. At one time the Blue Book value was a used car insider's term like 'cream puff' or 'cherry', but today the phrase is, uh, all over the lot.

The Kelley Blue Book has become one of the major merchandising devices of modern vehicle selling. From used car lots to new car dealers, they all claim to sell cars at or below Blue Book while buying your trade-in well above Blue Book!

What, actually, is a Blue Book? Who started this whole arbitrary pricing bible? How accurate are they and how do they get their numbers? Most importantly, do they provide truly valuable information to help you get the best deal, whether you're buying or selling new or used?

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Sours: https://www.autoblog.com/car-values/

Black Book Vs Kelly Blue Book

Black Book Vs Kelly Blue Book Trade In Values

Is there a difference between Black Book Vs Kelley Blue Book trade in values? Are you looking to sell your vehicle or trade it in?

Keep reading to find out all about the 2 main sources for USED Car, Truck and other Vehicle pricing.

  • Kelley Blue Book
  • Black Book and more!!!

CAR DEALERS love to quote Blue Book this and Blue Book that, but what does it really mean?

You might hear things like

  • Blue Book Pricing
  • We sell below Blue Book
  • Get Blue Book value for your trade-in

BLACK BOOK vs KELLY BLUE BOOK TRADE IN VALUES

BLACK BOOK – OVERVIEW

Black Book is what dealers usually refer to when trying to figure out how much a used vehicle or trade in is worth. Black Book originally began in literally as a black book containing weekly car values for every vehicle and every region in the country. Today Black Book (https://www.blackbook.com) is available via the web or mobile through a paid subscription.

Black Book offers various paid subscription options. The main subscription that Dealers use includes trade in values and information on cars and light trucks. These vehicle appraisals help dealers calculate vehicle leases and used car and truck prices.

  • Four wholesale values based on condition: Extra Clean, Clean, Average and Rough
  • History Adjusted Valuations – a more precise way to appraise vehicles. Instantly understand the impact of a vehicle’s history report on its value.
  • Four retail values based on condition: Extra Clean, Clean, Average and Rough
  • Three trade-in values based on condition: Clean, Average and Rough
  • Finance Advance™ value
  • Value adjustments for mileage and optional equipment
  • Value adjustments for region or state
  • Access auction sales data from over auctions with our Complete Market Report (separate subscription required)
  • Over 32, used vehicle values for model years current.
  • Pull up to 1, valuations per month.

Black book offers subscriptions in both print and online and also via a mobile application. Mobile subscriptions start around $65 a month or over $ annually.

If you want to know what the dealers know when buying a used car, the Black Book mobile application is a great tool to use. Because they offer monthly memberships, it will not cost a ton to be really informed.


KELLEY BLUE BOOK – OVERVIEW

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. Since , Kelley Blue Book has been one of the best-known names in the auto industry. Today, https://KBB.com or https://kelleybluebook.com extends the tradition, with trusted values and a reputation for innovation, including resources to help you research, price and shop for the car you’ve been looking for.

One advantage of using Kelly Blue Book is the service is free without monthly subscriptions.

Kelly Blue Book rates its used car evaluations as

Kelley Blue Book breaks it’s pricing guides into 2 main categories which include the KBB New Car Guide and KBB Used Car Guide.

BUYING NEW

If you are in the market for a new vehicle, the KBB New Car Guide contains pricing information for the current model year including

  • MSRP (Manufacturer’s Suggested Retail Price)
  • Dealer Costs
  • Extra Costs – includes other various costs (Example shipping costs)
  • Pricing Schedules – includes pricing for various options that buyers can select

BUYING USED

If you are in the market for a used vehicle, the KBB Used Car Guide contains pricing information for used vehicles made in the last 15 years. The Used Car Guide offers several different prices:

  • Retail Price – also known as the dealer price or what you could expect to pay at a dealer.
  • Trade-In Price – also known as the dealer trade-in value
  • Private Sale Price – Is the price for selling by owner. The Private Sale Price is almost always lower than the Trade-In Price and is a good estimate of what to expect to pay for or sell a used vehicle from a non-dealer.

The Used Car Guild includes various charts and tables for calculating price based on

  • Vehicle Condition
  • Car Mileage
  • Vehicle Options

If you are looking to buy or sell an older vehicle, motorcycle or RV, that information is published separately and may only be available in guidebooks and not via the KBB website.

Historically Kelley Blue Book gathered vehicle cost data information through vehicle auctions, which often can inflate the price compared to how Black Book calculates their trade in and used vehicle prices.


NATIONAL APPRAISAL GUIDES

Beyond both Black Book and Kelly Blue Book, another useful tool for figuring out vehicle price is NADA (http://www.nadaguides.com). National Appraisal Guides, Inc. is the largest publisher of vehicle pricing, information and tools for new and used cars.

BLUE BOOK VS BLACK BOOK | BEST ADVISE

As a rule of thumb Kelley Blue Book values are a pretty good indicator to use when buying vehicle from an individual or when selling a vehicle to an individual. The Blue Book values tend to be a little on the high side when buying used vehicles from a dealership or when trading in a vehicle.

Best advice is to do your homework and don’t go into a buying or selling situation blind.

If you happen to be in the Wyoming or Nebraska neighborhood, check out out Fremont Motors for loads of new and used cars, truck and SUVs.

KELLEY BLUE BOOK Vs BLACK BOOK | FAQ

What Are Black Book Car Values?

Black Book Vehicle Pricing. The Black Book is what dealerships typically use to lookup pricing information about new, used car, truck, and recreational vehicle prices. Black Book updates the Dealer invoice and Manufacturers Suggested Retail Prices (MSRP) weekly. Dealers also use the Black Book loan values for finance purposes.

Black Book publishes weekly publications in print and online is still going strong today.

What Is The Difference Between Black Book and Kelley Blue Book?

As stated above, the Black Book is what dealers usually refer to when trying to figure out how much a used vehicle or trade in is worth. Consumers will typically use Kelley Blue Book values when estimating new and use vehicle costs.

Is Edmunds Or KBB More Accurate?

In realistic terms both Kelley Blue Book (KBB) and Edmunds give an approximation of vehicle value based on various sources. Both the Kelley Blue Book and Black Book are generally used when buying a car from a dealership.

What Is The Value Of My Car In Kelley Blue Book?

The Kelley Blue Book is a good estimation of what a car might sell for and how much it is worth. The price doesn’t include warranties and other options that may increase the a cars value. Ultimately the KBB value is often used as a starting point for negotiation and not the final price.

What Does The Black Book Value Mean?

You can think of the Black Book values as an estimated wholesale value of a vehicle that dealers use to ensure profits when buying or selling used cars. From a consumer standpoint, a dealer will always look to make a profit, so you can expect to pay over the Black Book value when buying used and under the Black Book value when trading in or selling your vehicle to a dealer.

Sours: https://www.fremontmotors.com/black-book-vs-kelly-blue-book-trade-in-values.html
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Kelley Blue Book Instant Cash Offer

Value Your Trade at Mark Christopher

Find out the value of your vehicle without even leaving home. Value your trade, so you know how much your vehicle is worth for trade-in or just to sell for cash. With this tool, you can get fair pricing for your vehicle.

Discover the Real Value of Your Trade

Here at Mark Christopher, we want to make it easy for you to get the facts about your vehicle and be prepared when you shop for another model. You can use our online tool to get a fair estimation of what your vehicle is worth. All you need to do is provide a few basic details about your model. We’ll give you an offer based on current demand.

Once you have the offer in hand, you can bring your vehicle to the dealership within the next seven days. Our team will verify the information as accurate and give you the value as stated in the offer.

You have the option to use the value as a trade-in on a new or newer model here at Mark Christopher in Ontario, CA. You can also take the value as cash in hand even if you don’t want to buy a vehicle from us. You’ll find a selection of cars and SUVs right here, making it simple to select a model that fits your lifestyle and budget.

Why Trade Instead of Selling

Selling your vehicle privately can be quite challenging and time-consuming. When you get a trade-in price, you don’t have to worry about someone buying the vehicle or negotiating a fair price. You aren’t stuck waiting for someone willing to buy. With a trade-in, you sell when you’re ready.

Our pricing won’t change based on whether you buy from us or which model you choose to buy. This price is based on the value of your vehicle in the market today. Some models will be worth more because of higher demand. Not every model will qualify for the Value Your Trade offer, but you can trade in any vehicle. With the Value Your Trade, you know ahead of time how much you will get for trading in your current ride.

Upgrade Your Ride

If it’s time to upgrade from your current vehicle to a family ride or to trade in what you’re driving for something smaller, you’ll find a great deal here at Mark Christopher. We carry a large selection of brand-new models like the Chevy Silverado or GMC Sierra. We also have a nice inventory of used models to fit almost any budget.

Give us a call to schedule an appointment to see our current inventory or just stop by to check out what is available. Our sales team is happy to help you find the right vehicle while providing a fair deal on your current model. Once you have a new (or newer) model, you can keep it in good shape with our premier service department.

Let Mark Christopher put you behind the wheel of your next vehicle after a fair value on your trade-in today.

Sours: https://www.markchristopher.com/instant-cash-offer/
Offering 125% Kelley Blue Book Value For Your Trade At Any Graff Location!

What’s My Truck Worth?
VIN Decoding & Year/Make/Model Search

  • See MSRP, Retail, Wholesale, Trade-In, and Finance values
  • Find to current with 99% match rate
  • Search by VIN or by Year/Make/Model
  • Make your own adjustments -
    • Engine, Transmission, Axles, and more
    • Mileage, Condition, Options, Features
  • Get actual GVW or GCW (not ranges)
  • Add trucks body to incomplete vehicles for accurate valuations

Powered by Truck Blue Book from the Price Digests -
the most reliable, trusted source for Light, Medium &
Heavy-Duty truck values and specs.

Ready to get started? Use the Price Digests VIN Search to look up your truck value.

Search by VIN

Sours: https://www.trucks.com/commercial-trucks-values/

Value truck blue book

Blue Book Truck Pricing Guide

Kelley Blue Book claims that no entity has more experience with vehicle values and pricing than it does; and they could very well be right. Kelley Blue Book has been publishing guides to used vehicle values since It owns the copyright to Kelley Blue Book and “blue book value,” based on its long history as a third-party data provider. The service leverages massive amounts of sales and pricing data, including actual retail transactions, and then it adjusts the values to reflect local market conditions and seasonal trends.

Kelley Blue Book values are derived from both retail and wholesale transactions leavened with the brand’s multi-generational expertise at vehicle valuation. Pricing is updated at least weekly to reflect the market and give dealers and consumers the most up-to-date pricing.

_Toyota_Tacoma_TRD.jpg

It’s very likely that you have heard of consumer research firm J.D. Power. The international company is a leader in providing vehicle data and information to both consumers and businesses. Its customers for this data include the nation's leading banks, credit unions, fleet and lease organizations, auto dealers, insurance companies, and government agencies. What you might not realize is the J.D. Power owns and operates NADAGuides.com, a strong competitor to Kelley Blue Book in providing accurate vehicle valuation data. 

Through the NADAGuides brand, J.D.Power delivers accurate and reliable truck values and insights through a variety of products offered online. In addition to trucks, NADAGuides offers third-party values for late-model used passenger cars, motorcycles, RVs, classic cars, boats, and manufactured homes. The values result from J.D. Power’s combination of its industry-leading automotive retail intelligence capabilities with one of the industry’s most trusted sources for used-vehicle valuations.

Ford-FSuper-Duty.jpg

When you consult Kelley Blue Book and NADAGuides.com to gain insight into a truck's value, which you can do for free online, you will be asked to do a few things. First, you’ll have to decide on the truck you want to research. You need to indicate the model year, model, and make; for example, Chevrolet Colorado. You might also be asked for your location because values are location-dependent. So you will be prompted to enter your zip code. Then, you will have get a value based on the base model of the truck, or you can describe the truck in more detail by indicating the equipment it has.

You will be presented with a series of values. One of these is “Retail Value.” That is an estimate of a dealer's asking price for that vehicle should it be available for sale to consumers.

Nissan-Frontier.jpg

Another value you might find is the “Private Party Value.” The name might be a bit confusing, but it indicates what you could expect to pay if you purchased this truck from an individual instead of a dealer. Of course, if you are selling the truck to an individual, this is about the amount you could expect to get for the truck.

As KBB describes it, the Kelley Blue Book Private Party Value is the starting point for the negotiation of a used-car sale between a private buyer and seller. This is an “as is” value that does not include any warranties. The final price depends on the car’s actual condition and local market factors. So as with all guidebook values, you should be aware is that they are not precise. They are simply good approximations that can help you begin and conclude negotiations.

_Toyota_Tundra_Limited.jpg

Another value that is very important is the “Trade-in Value.” The trade-in value of a truck is important because it gives you a sense of what a dealer will be willing to offer you if you trade in your truck for another vehicle. Of course, this value is subject to a lot of "ifs." NADAGuides offers three different trade-in values for each used truck based on the its current condition — Rough Trade-In, Average Trade-In, and Clean Trade-In. Kelley Blue Book asks sellers to approximate the truck’s condition before offering a value. Mileage on the truck is also an issue. Trucks with higher-than-average mileage will command lower prices than vehicles with average or lower-than-average miles.

As KBB describes trade-in value as “[an] estimate of what a consumer can expect to receive from a dealer for a trade-in vehicle assuming an accurate appraisal of condition. This value will likely be less than the Kelley Blue Book Private Party Value because the reselling dealer incurs the cost of safety inspections, reconditioning, and other costs of doing business.” Again, these valuations are based on lots of data so they are not precise. They are guides to help a buyer and a seller come to an agreement.

Ford-Ranger.jpg

Obtaining the best used truck for your money involves several factors. One is getting a proper valuation of the truck so you can negotiate from a position of knowledge and strength. Having guidebook information at your fingertips can help with this aspect. At the same time, to get the best deal, you must pursue the right truck in the first place. Getting a low price on a bad truck is not a bargain.

To avoid getting a bad deal, do your research here at Usedcars.com. Our vehicle experts will give you good advice on what trucks to purchase and what trucks to shy away from. An hour or so devoted to vehicle research on usedcars.com will be time well-spent, and it will pay off handsomely. 

Jeep-Gladiator.jpg

When you have chosen the trucks you believe will meet your needs from your research here at usedcars.com, you should choose some trucks from dealers' inventories near you to do further research on. With information about them, you can go to NADAGuides.com or Kelley Blue Book and look up their values. Enter as much information as you know about the trucks you're interested in so the estimated value will be as accurate as possible.

Once you have the appropriate information, in this instance the retail price, you are very well-armed to enter into negotiations with the dealer. In some cases, if you share the information and its source with the dealer, the dealership will sell you the truck at that price. If not, you are at least close to coming to a mutually beneficial transaction. We hope you enjoy your new truck!

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Sours: https://www.usedcars.com/advice/buying/blue-book-truck-pricing-guide
Used Car Pricing - How do I know what is the actual fair market value of my car

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