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Black Book collects data from wholesale auctions it attends in person or online, applies adjustments and compares them against dealer advertised prices. Access is restricted because it requires subscriptions, but public access to its price search features are accessible through third party sites such as Newcars.com. [4] Assessing car value is dependent on several factors including make, model ...
The company reports market value prices for new and used automobiles of all types, as well as motorcycles, snowmobiles and personal watercraft. [16] For both new and used automobiles, Kelley Blue Book provides a fair market range and fair purchase price, based on actual transactions of what others are paying for a vehicle and adjusted regularly as market conditions change.
Today, the average used car has around 70,000 miles, and some dealerships take in cars with up to 150,000 miles as trades. However, a vehicle with lower miles usually sells for a higher price than ...
Kelley Blue Book, Edmunds and NADA are all great tools to determine your car value. The best tool is a personal decision and depends on what you are trying to accomplish by valuing your vehicle.
For Knoll, one of the first steps to take in evaluating the value of your used car is arguably the simplest: Look into the vehicle’s age, mileage, condition, maintenance records, accident ...
In 2000 the company introduced True Market Value, a service that analyzed a variety of factors to offer a suggested transaction price for vehicles. [7] That same year, the company introduced simple websites for web-ready mobile phones and PDAs. [8] In 2005, Edmunds.com launched Inside Line, a free online magazine for automotive enthusiasts. [5]
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