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According to KBB, the low end of the fair market value spectrum for a 2018 Ram 2500 is just over $21,000 — roughly the same as a comparatively wimpy used Ford Maverick. More From GOBankingRates
You can use several pricing guides and consult with more than one guide to give you a more precise value. Some popular online car value calculators include the following: Carfax. Edmunds. Kelly ...
This value will also include a profit margin for the dealer. Certified pre-owned value: A certified pre-owned value is the value of a vehicle that has been inspected by third-party inspectors ...
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.
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 ...
Dealer or retail price is the price expected to pay if buying from a licensed new-car or used-car dealer. Dealer trade-in price or wholesale price is the price a shopper should expect to receive from a dealer if trading in a car. This is also the price that a dealer will typically pay for a car at a dealer wholesale auction.
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