Nada vs blue book vs edmunds

Check ebay motors for completed listed that actually sold. Nada vs kelley blue book nada blue book, nada guide. This is because the black book receives prices for used vehicles based on 50 weekly auctions, where they calculate an average, and update that every week. The last guidebooks published by edmunds were released in 2006, since then edmunds has relied on a comprehensive website for publishing car prices. However, when i went to dealers to get the tradein price, i was shocked to learned that how low dealers were willing to pay. I consider kbb high and edmunds low on pricing when i sell a vehicle and try for a middle price.

We dont have access to how kbb calculates its prices, but at a high level. Somehow, nada guide and kelley blue book are two pricing guide companies that are most preferable in knowing use cars values. Kelly blue book is the biggest crock of shit ive ever seen. Edmunds car values whenever you want to buy a used or new car, it is necessary to refer to edmunds pricing guide company that can compare some different guides of car pricing so that you are able to make the decision. The bottom line, if you like the car, its in good shape, and is comparable to ones in the area, and you like the company youre dealing with, its. Edmunds prices edmunds car values edmunds car prices. I looked at both the edmunds and kelley blue book estimated. Im looking at getting a 2005 or 2006 honda pilot, and im wondering how truetomarket the nada values are, compared to edmunds. Kelley blue book nada guide why should i use nada vs kbb. As a result, you may need to adjust nada prices down. These men regularly attended dealeronly, local car auctions. I am starting my used car buying research on the honda crv with the ex trim years 20032006. Nada pricing is often higher than kelley blue book since the algorithm has a standard that calls for all tradeins to be in very clean condition. I looked at both the edmunds and kelley blue book estimated dealer costs.

The nada value seems more accurate for retail value of what i am seeing for an excellent condition, low mileage example. Apr 05, 2020 book kelley blue book nada vs edmunds april 5, 2020. There are various blue book guide like nada blue book or kelley blue book who can provide you an estimated blue book value for your car. Nadaguides key features the nice thing about nadaguides is that they know what they do well and focus on it. While blue book and black book dont compete directly, blue book does compete with edmunds. Learn about kelley blue book, edmunds,the black book, n. The name itself originates from an old registry which lists those of high society and was named the blue book. While edmunds no longer publishes vehicle values in print, the company does currently offer a highly rated advice book edmunds. Prospective buyers can find tradein, private party, and retail values in a heartbeat. It was initially developed to alleviate taxes on automobile sales, and for this reason today it is used primarily by dealerships in regards to new vehicles as opposed to used vehicle sales. The difference between kelley blue book and nada tradein. The only truly accurate value guides are the ones that dealers and banks use. The easiest way to find a considerate price is to check kbb kelley blue book or nada national automobile dealers association. While edmunds no longer publishes vehicle values in print, the company does currently offer a highly rated advice book s strategies for smart car buyers.

Unlike edmunds, however, kelley values generally cater more toward the dealer. Feb 28, 2011 when trying to determine the tradeinvalue for my vehicle in fair condition. Find the right value to sell or purchase and never overpay again. Edmunds originally published information booklets for car buyers and started its website the same year blue book did, in 1995. Home blog kbb vs nada whats my car worth i needed to value my car, said phyllis hellwig. I have yet to get a kbb price when selling a vehicle and have never bought a vehicle at edmunds price. The kelley blue book also gathers its data from a number of different sources. If we are talking average vehicles not specialty, limited availability, etc. Kelley blue book and edmunds kelley blue book and edmunds are two of the most well known used car pricing guides in the united states. In general, youll find that the kbb values are similar to those provided by edmunds. While blue book and black book dont compete directly, blue book does compete with. Is tmv way to low, or should i make a significantly lower offer. Mar 11, 2020 kelley blue book and edmunds kelley blue book and edmunds are two of the most well known used car pricing guides in the united states.

How dependable is kbb, nada, edmunds, etc for car valuation. Ludwig arons, a founder of the company, named it edmunds publications. But most of their features are focused on delivering accurate market prices for different kinds of vehicles. People often come to us with questions about pricing from 3rd party sites. Kelley publishes more than one price guide for used cars, but the one your dealer is likely to use is the one labeled kelley blue book auto market report official guide, the version of the. The main difference between kelley blue book and nada tradein value is the data they use kelley blue book gathers information to determine pricing by using information from. The kbb says the price is 3,750, while edmunds tmv gives me a much lower price of 2,200. Negotiating a used car price using edmunds true market. Nada guides often recognized as the premier publications in their industry, both guides can be counted on to provide unbiased facts and serve as an essential tool during the car buying process. You can read more about nada blue book and kelley blue book here.

Source of data the black book claims that it visits 60 auctions nationwide every week to gather the most upto. Nada but, nada is usually used by banks or car dealers to show you an inflated price value. Black book gets these auction price lists from about 50 auctions a. A guy whos interested in buying the car was telling me that kbb. The bottom line, if you like the car, its in good shape, and is comparable to ones in the area, and you like the company youre dealing with, its a good deal. Book kelley blue book nada vs edmunds april 5, 2020.

Many dealers utilize the kelley blue book guide prices for used vehicles, and dealers and customers negotiate the actual price of a vehicle downward from that level. If you folks have ever watched one of my videos and its helped you, please email lanny owner of accurate engines and let. Therefore, you should never use nada books for real references. Edmunds trade in value of a car fair market value of a vehicle edmunds trade in value of a car rv values nada kelley blue book corvetteforum chevrolet. Other guides such as kbb or nada edmunds bases its true market value tmv estimations on actual sales transaction data of similarlyequipped vehicles in the same region. If you are buying a used car, get a quote from all three for trade in values. Most if not all dealers use black book when dealing with used cars. Oct 11, 2007 when you negotiate with a used car dealer, you should shoot for the lower price, but realize that when they think of blue book price, or when they tell you what blue book price is, theyre likely using nada, and not edmunds. Both searches were done with comparable conditions and for private parties. Nada blue book was created in print in 1971 and went online in 2000. The blue book values tend to be a little on the high side when buying used vehicles from a dealership or when trading in a vehicle.

When trying to determine the tradeinvalue for my vehicle in fair condition. Kellys blue book vs nada vs edmunds guide the differences. Im looking at getting a 2005 or 2006 honda pilot, and im wondering how truetomarket the nada values are, compared to s true market. The blue book rates the condition of a used car as excellent, good, fair or poor, whereas the black book grades used car condition as clean, average or rough. Oct 07, 20 kelley blue book gives you a general idea of what you can expect for your vehicle on the private market and can be used as a good starting point for negotiations. Edmunds true market value nada blue book, nada guide. Nada blue book values for used cars, certified preowned cars and more, brought to you by the national automobile dealers association. I typed in kbb, kelly blue book, kelley blue book used cars and kbb vs nada. In 1926, les kelley created the signature kelley blue book. Edmunds and kelly bb are just for consumers so they can get an idea of how to price or buy used vehicles. They published booklets consolidating automotive specifications and helped car buyers to make educated decisions. Studies indicate that the kelley blue book provides lower pricing the black book car pricing. I really dont understand why there is such a variance with blue book.

Now in adds they will so much off kelley or edmunds. May 06, 2020 i typed in kbb, kelly blue book, kelley blue book used cars and kbb vs nada. Edmunds trade in value of a car fair market value of a vehicle edmunds trade in value of a car rv values nada. In trying to determine an asking price for my car privateparty sale, i got the following values. You fill in some data about your car and they will calculate the value. Like many americans, hellwig has kept her current car longer than she had expected. If you want to buy used cars, youve got to learn how to use used car price books. For a versus comparison for nada blue book values visit here. Get used car values with edmunds car value appraisal tool. Edmunds prices are substantially less than kelly, maybe 20% or so. When i looked for a z3 last fall, i was surprised variation in book values between kelley, edmunds and nada. While edmunds no longer publishes vehicle values in print, the company does currently offer a highly rated advice. Initially i went to and saw some very good tradein and private sale value for my 04 prius.

Nada used car prices, edmunds used car prices, and kelly. Nadabut, nada is usually used by banks or car dealers to show you an inflated price value. Also look at and to see comparable cars asking prices. The internet has been touted as the greatest resource for the used car buyer. When she bought her luxury sedan, she anticipated keeping it for about five years. Kelley blue book nada vs edmunds image collections book.

They will use a number of resources, namely kelley blue book and nada tradein value, but they mainly rely on their years of experience appraising cars. But if you check nada that price will be right on nadas or real close. Local dealer sent a letter offering black book plus 20%. Nada, which is the national automobile dealers association, uses actual retail sales data provided by its member car dealersas there are sometimes large differences in the. Other guides such as kbb or nada edmunds pricing vs. Car dealers are experts when it comes to deciding a tradein price. In 1955, three businessmen founded black book in georgia. Feb 28, 2020 nada pricing is often higher than kelley blue book since the algorithm has a standard that calls for all tradeins to be in very clean condition. Edmunds, kbb and nada all vary a lot on supposed value of a used vehicle. They could be any type of book, from the nada guide, to the famous kelley blue book. On top of using actual sales, we take into account factors such as a vehicles location, color.

Mar 30, 2020 the easiest way to find a considerate price is to check kbb kelley blue book or nada national automobile dealers association. Mar 23, 2018 studies indicate that the kelley blue book provides lower pricing the black book car pricing. They are also lower than the edmunds price guide, and the nada. I think dealerships take whatever value is in their best interests though. In trying to decide on a fair price for the accord listed in my signature, im seeing very different results between kelley blue book and edmunds. Kellys blue book vs nada vs edmunds guide the differences in blue book automotive price guides by i dint submitted on may 10, 2009 youll always feel more confident that you got the best value when selling or buying a car if your entire transaction costs are near the average amount buyers in your area usually pay for the same manufacturer.