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Kelley Blue Book. KBB is an industry-leading automotive research company. You can see the value of your vehicle, put your vehicle up for sale, shop for new and used cars and compare new and used ...
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.
Be Aware: 6 Used Cars To Stay Away From Find Out: How To Get Cash Back on Your Everyday Purchases. Factors Affecting a Car’s Value. Several factors affect your car’s value, including its ...
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 Blue Book’s origins lie in the Kelley Kar Company of Los Angeles, a used car dealership founded by Bob’s uncle, Les Kelley, in 1918 with a few Model T Fords.
Normally a car's value is correlated with the price it has on the market, but on average a car has a depreciation around 15–20% per year. [12] [13] Depending on market conditions, cars may depreciate 10–30% the first year. [14] Since 2021, however, cars have appreciated significantly the first year due to shortages of cars and up to five ...
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