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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.
Kelley Blue Book, Edmunds and NADA are all great tools to determine your car value. The best tool is a personal decision and depends on what you are trying to accomplish by valuing your vehicle.
The first NADA-sponsored federal legislation, known as the National Motor Vehicle Theft Law, passed in 1919, which made motor vehicle theft involving the crossing of state borders a federal crime. [5] NADA also advocated for automobile finance reforms. [33] NADA began studying used car values in 1922. [33]
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 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 ...
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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