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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 ...
In mid-2015, NADA sold its 82-year-old Used Car Guide business to J.D. Power and Associates. [38] [39] In January 2017, NADA launched an information website to educate the public about the role of car dealers and to describe their economic impact. [15]
Japanese cars from the '80s and '90s, the old-school Bronco II (prices up 4% since 2021 to $15,600), and even some exclusive cars, like the Lamborghini Gallardo six-speed manual and '80s-era ...
Kelley Blue Book got its start in 1926, when Los Angeles car dealer Les Kelley published the first Blue Book of Motor Car Values based on data he had gathered since 1918, according to the company ...
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