When it comes to buying or selling a used car, it's important to have a good understanding of its value. This is where the Kelley Blue Book (KBB) comes in. KBB is a trusted source for used car values, and it can be a valuable tool for both buyers and sellers.
KBB provides a variety of different values for each vehicle, including the suggested retail price, the private party value, and the trade-in value. The suggested retail price is the price that a dealer would typically charge for the vehicle. The private party value is the price that a private seller would typically get for the vehicle. And the trade-in value is the price that a dealer would give to a customer for the vehicle as a trade-in.
In addition to providing vehicle values, KBB also offers a number of other resources for car buyers and sellers. These resources include detailed vehicle reviews, fuel economy ratings, and safety ratings.
Now that you know a little bit about KBB, let's take a closer look at how it can be used to help you buy or sell a used car.
Kelley Blue Book
Trusted used car value guide.
- Provides suggested retail, private party, and trade-in values.
- Detailed vehicle reviews.
- Fuel economy ratings.
- Safety ratings.
- Research and comparison tools.
- Available as a website, app, and print publication.
- Used by car buyers and sellers for over 90 years.
Kelley Blue Book is a valuable resource for anyone buying or selling a used car. It can help you get a fair price for your vehicle and make an informed decision about your next purchase.
Provides suggested retail, private party, and trade-in values.
Kelley Blue Book provides three different values for each vehicle: the suggested retail price, the private party value, and the trade-in value.
The suggested retail price is the price that a dealer would typically charge for the vehicle. This price is based on a number of factors, including the vehicle's make, model, year, trim level, and condition. The suggested retail price is a good starting point for negotiations when buying a car from a dealer.
The private party value is the price that a private seller would typically get for the vehicle. This price is typically lower than the suggested retail price, as private sellers do not have the same overhead costs as dealerships. The private party value is a good benchmark for pricing your vehicle if you are selling it yourself.
The trade-in value is the price that a dealer would give to a customer for the vehicle as a trade-in. This price is typically lower than the private party value, as dealers need to make a profit on the sale of the vehicle. The trade-in value is a good option if you are buying a new or used car from a dealer and want to get rid of your old car at the same time.
Kelley Blue Book's values are based on a number of factors, including:
- Vehicle sales data.
- Auction results.
- Consumer surveys.
- Expert analysis.
Detailed vehicle reviews.
Kelley Blue Book provides detailed vehicle reviews for a wide range of cars, trucks, and SUVs. These reviews are written by experienced automotive journalists and include information on the vehicle's:
- Performance.
This includes information on the vehicle's engine, transmission, fuel economy, and handling.
- Interior.
This includes information on the vehicle's seating, cargo space, and features.
- Safety.
This includes information on the vehicle's safety features and crash test ratings.
- Reliability.
This includes information on the vehicle's predicted reliability based on historical data.
Kelley Blue Book's vehicle reviews are a valuable resource for car shoppers. They provide detailed and unbiased information that can help shoppers make informed decisions about their next purchase.
Fuel economy ratings.
Kelley Blue Book provides fuel economy ratings for all new and used vehicles. These ratings are based on the EPA's estimated fuel economy figures. The EPA's estimates are based on a standardized test cycle that simulates real-world driving conditions.
Kelley Blue Book's fuel economy ratings are displayed in two ways:
- MPG city/highway. This is the estimated fuel economy in miles per gallon (mpg) for city and highway driving.
- MPGe. This is the estimated fuel economy in miles per gallon equivalent (MPGe) for electric vehicles. MPGe is a measure of how far an electric vehicle can travel on the same amount of energy as a gallon of gasoline.
Kelley Blue Book's fuel economy ratings can help car shoppers compare the fuel efficiency of different vehicles. This information can be especially helpful for shoppers who are looking to save money on gas.
In addition to providing fuel economy ratings, Kelley Blue Book also offers a number of other resources to help car shoppers save money on gas. These resources include tips on how to improve your fuel efficiency and a calculator that can help you estimate your annual fuel costs.
Kelley Blue Book's fuel economy ratings are a valuable resource for car shoppers. They provide accurate and unbiased information that can help shoppers make informed decisions about their next purchase.
Safety ratings.
Kelley Blue Book provides safety ratings for all new and used vehicles. These ratings are based on crash test data from the National Highway Traffic Safety Administration (NHTSA) and the Insurance Institute for Highway Safety (IIHS).
Kelley Blue Book's safety ratings are displayed in two ways:
- Overall safety rating. This is a single rating that summarizes the vehicle's performance in all crash tests.
- Individual safety ratings. These ratings show the vehicle's performance in specific crash tests, such as the frontal crash test, the side crash test, and the rollover test.
Kelley Blue Book's safety ratings can help car shoppers compare the safety of different vehicles. This information is especially helpful for shoppers who are looking for a vehicle that will protect them and their families in the event of a crash.
In addition to providing safety ratings, Kelley Blue Book also offers a number of other resources to help car shoppers learn more about vehicle safety. These resources include articles on the latest safety features and tips for choosing a safe vehicle.
Kelley Blue Book's safety ratings are a valuable resource for car shoppers. They provide accurate and unbiased information that can help shoppers make informed decisions about their next purchase.
Research and comparison tools.
Kelley Blue Book offers a number of research and comparison tools to help car shoppers find the right vehicle for their needs and budget.
- Vehicle comparison tool. This tool allows shoppers to compare up to four vehicles side-by-side. Shoppers can compare vehicles by price, fuel economy, safety ratings, and other factors.
- Car finder tool. This tool helps shoppers find vehicles that meet their specific criteria. Shoppers can search for vehicles by make, model, year, price, and other factors.
- Trade-in value calculator. This tool helps shoppers estimate the trade-in value of their current vehicle. This information can be helpful when negotiating a price for a new or used car.
- Monthly payment calculator. This tool helps shoppers estimate their monthly car payments. This information can be helpful when budgeting for a new or used car.
Kelley Blue Book's research and comparison tools are a valuable resource for car shoppers. They can help shoppers find the right vehicle for their needs and budget, and they can also help shoppers save money on their purchase.
Available as a website, app, and print publication.
Kelley Blue Book is available as a website, app, and print publication. This makes it easy for car shoppers to access Kelley Blue Book's information and tools no matter where they are or how they prefer to consume information.
- Website: The Kelley Blue Book website is the most comprehensive source of Kelley Blue Book information. It includes all of the information and tools that are available on the app and in the print publication, plus additional features such as:
- News and reviews.
- Car buying guides.
- Vehicle history reports.
- App: The Kelley Blue Book app is a convenient way to access Kelley Blue Book's information and tools on the go. The app includes all of the most popular features from the website, such as:
- Vehicle values.
- Vehicle reviews.
- Car comparison tool.
- Trade-in value calculator.
- Print publication: The Kelley Blue Book print publication is a monthly magazine that includes articles on new and used cars, car buying tips, and Kelley Blue Book's vehicle values. The print publication is available at newsstands and bookstores.
No matter how you choose to access it, Kelley Blue Book is a valuable resource for car shoppers. It provides accurate and unbiased information that can help shoppers make informed decisions about their next purchase.
Used by car buyers and sellers for over 90 years.
Kelley Blue Book has been a trusted source of information for car buyers and sellers for over 90 years. It was founded in 1926 by Leslie Kelley, a used car dealer who wanted to create a more transparent and fair marketplace for buying and selling cars.
Kelley Blue Book quickly became the standard for used car values, and it has remained so to this day. Kelley Blue Book's values are used by car dealers, banks, and insurance companies to determine the value of used cars. They are also used by private sellers to price their cars competitively.
In addition to providing vehicle values, Kelley Blue Book also offers a number of other resources for car buyers and sellers. These resources include:
- Vehicle reviews.
- Fuel economy ratings.
- Safety ratings.
- Research and comparison tools.
- Car buying guides.
Kelley Blue Book is a valuable resource for anyone buying or selling a car. It can help buyers get a fair price for their vehicle and sellers get the most money for their car.
Kelley Blue Book's long history of providing accurate and unbiased information has made it a trusted resource for car buyers and sellers. It is the go-to source for information on used car values and other important factors to consider when buying or selling a car.
FAQ
Here are some frequently asked questions about Kelley Blue Book:
Question 1: What is Kelley Blue Book?
Answer: Kelley Blue Book is a trusted source of information for car buyers and sellers. It provides vehicle values, vehicle reviews, fuel economy ratings, safety ratings, and other resources to help consumers make informed decisions about their next car purchase or sale.
Question 2: How do I find the value of my car using Kelley Blue Book?
Answer: You can find the value of your car using Kelley Blue Book's website, app, or print publication. Simply enter your car's make, model, year, trim level, and mileage to get an instant value.
Question 3: What are the different types of Kelley Blue Book values?
Answer: Kelley Blue Book provides three different values for each vehicle: the suggested retail price, the private party value, and the trade-in value. The suggested retail price is the price that a dealer would typically charge for the vehicle. The private party value is the price that a private seller would typically get for the vehicle. The trade-in value is the price that a dealer would give to a customer for the vehicle as a trade-in.
Question 4: What factors does Kelley Blue Book consider when determining vehicle values?
Answer: Kelley Blue Book considers a number of factors when determining vehicle values, including:
- Vehicle sales data.
- Auction results.
- Consumer surveys.
- Expert analysis.
Question 5: Can I use Kelley Blue Book to research new cars?
Answer: Yes, Kelley Blue Book provides information on both new and used cars. You can use Kelley Blue Book to research new cars by make, model, and year. You can also compare different cars side-by-side to see which one is the best fit for your needs and budget.
Question 6: How often are Kelley Blue Book values updated?
Answer: Kelley Blue Book values are updated on a weekly basis to reflect changes in the market.
Question 7: Is Kelley Blue Book a reliable source of information?
Answer: Yes, Kelley Blue Book is a trusted and reliable source of information for car buyers and sellers. It has been in business for over 90 years and has a reputation for providing accurate and unbiased information.
Kelley Blue Book is a valuable resource for anyone buying or selling a car. It can help you get a fair price for your vehicle and make an informed decision about your next purchase.
Now that you know more about Kelley Blue Book, here are some tips for using it to get the best deal on your next car: