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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 ...
Title/lien info: Depending on the state DMV, you may get title and lien information on the vehicle. Dealer scorecard: This evaluates dealers’ pricing, transparency and responsiveness.
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.
In 2011, two years after launching a similar service for new vehicles, the company launched a used car inventory search tool, allowing users to compare vehicles in their market. [12] Edmunds.com launched its first TV advertising campaign in select markets in 2012, before expanding nationally in 2013. [ 13 ]
Trade-in value: This is the value of your car after trading it in to a dealer for another car. Trade-in value is calculated after the dealer assesses your vehicle’s condition and factors in what ...
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 ...