Kelley Blue Book, commonly abbreviated as KBB, is the best way to find out how much your car or vehicle is worth in terms of money and what the dealer will pay you if you decide to sell it back to them. This guide on Kelley Blue Book explains exactly how this company works and why it’s important for consumers to check their prices before buying or selling a car, truck, SUV, or other motor vehicle.
How Kelley Blue Book works
Kelley Blue Book, which stands for Kelley’s Automobile Dealer Trade-In and Retailer Guide, is an invaluable tool for auto buyers and sellers. It’s basically a pricing guide that lets you know how much your car is worth. Before you go to look at new cars or negotiate a used-car price, it’s best to do some homework on how your vehicle should be priced. You can check a number of websites that compare car prices or put together reports about what cars of yours are worth based on its model year, mileage and condition. But there’s only one site that combines all three of these reports into one easy-to-read format: Kelley Blue Book.
How to use the Kelly Blue Book estimate feature
You can use Kelly Blue Book estimates as a great tool for comparison. For example, if you are interested in two different cars, KBB will tell you how much one costs versus another. Also, if you have been shopping around and thinking about how much your current car is worth, KKB will give you an estimate based on its year/make/model and condition. Using these tools allows you to make more informed decisions and get that great car price!
What makes up an estimated value?
Kelley Blue Book (KBB) and Black Book are two resources that offer used car value information. These services might be worth looking into if you’re in the market for a pre-owned vehicle, but what exactly do they do? How do they determine prices for vehicles? While KBB and Black Book both look at similar data points, there are some slight differences between them. Here’s a quick rundown of their most important characteristics
Where does KBB come from?
Kelley Blue Book was founded in 1926 by Les Kelley, a car salesman from Los Angeles. Originally called The Motorist’s Bible, Kelley produced his first printed price guide in 1927 and named it after his daughter’s favorite color. The first book sold for 25 cents, but today’s guides can be much more expensive depending on what features you’re looking for. Perhaps because of their notoriously high prices, many people assume that Kelly Blue Books are exclusive or only accessible by certain people — but that isn’t true at all! You can search through your local KBB online or even download an app and get used car pricing with just a few clicks on your phone.
How KBB differs from its competitors
Kelley Blue Book’s strength lies in its foundation of real-world values. When you see a car price, it’s based on real-world data and research. Whereas some pricing sites are simple glorified search engines. (i.e., they find you a list of cars but don’t tell you anything about them), KBB has dedicated teams. That determine what each car should cost when new and how much it might be worth when used. In addition, KBB research. Combines with third-party market trends to show how certain cars have performed in their first year on market. Co potential buyers can know whether or not they’re getting a good deal when looking at used vehicles.
As you can see, purchasing a new or used car isn’t as simple as picking one out and writing a check. While that may work in some instances, it doesn’t work for many people. That’s why Kelley Blue Book offers tools to help consumers of all ages make informed decisions when buying their next vehicle. Remember: it pays to know what you want before you start your search, then research options and prices before settling on your final choice. Buying a car with KBB makes good sense; saving money makes better sense!