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The Black Book family of vehicle appraisal guides in the United States, providing vehicle pricing data, is published by National Auto Research, a division of Hearst Communications. New and used car dealers, lenders, manufacturers, fleet remarketers, and government agencies have used Black Book since 1955.
When choosing the vehicle’s condition, you can use the guidelines provided by the pricing guide you’re using. For example, Edmunds uses the following category descriptions:
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.
You can also search for a new or used car and compare the prices of vehicles on their website. However, NADA focuses more on the vehicle’s wholesale price and assumes the car is in good ...
Take Used Car Prices Into Account. Taking note of what used cars are going for is key to getting more money for your vehicle. “If the prices of used cars ... car’s value on Kelley Blue Book or ...
The Edmunds.com True Market Value Used Vehicle Appraiser estimates the actual transaction prices for used vehicles bought and sold by dealers and private parties. [27] In 2020, Edmunds launched a partnership with CarMax that allows a driver to receive a no-obligation cash offer for their vehicle which can be redeemed at any CarMax location. [28]
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