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Black Book is issued weekly, reflecting the latest prices direct from actual or online automobile dealers. [2] National Auto Research Inc, provides vehicle pricing. In select formats, Black Book vehicle appraisal guides are published daily, weekly, and monthly in various electronic formats, including data feeds, internet-based applications ...
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]
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.
When choosing the vehicle’s condition, you can use the guidelines provided by the pricing guide you’re using. For example, Edmunds uses the following category descriptions:
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.
Pricing: This gives you an estimate of the fair value of the vehicle based on the local market. Selling history: You’ll get records of when the car was previously sold.
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