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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 ...
Edmunds was founded by Ludwig Arons in 1966 as Edmunds Publications, a publisher of printed booklets consolidating automotive specifications to help car shoppers make buying decisions. [3] In 1988, the company was purchased by Peter Steinlauf whose family has owned a majority stake since.
By using data collected from the dealership, Kelley published the company's first Blue Book in 1926, which became a standard guide in automotive trade in determining car value. [ 6 ] [ 9 ] [ 8 ] Kelley Blue Book was formed in 1926, and the Kelley family continued its dealership business in Southern California for several decades.
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Today, the average used car has around 70,000 miles, and some dealerships take in cars with up to 150,000 miles as trades. However, a vehicle with lower miles usually sells for a higher price than ...
City-Data is an Illinois-based social networking and information website that presents data and information pertaining to United States cities, and offers public online forums for discussion. Data on site
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The company started off as an automotive community blog where consumers could post reviews and questions about local dealers, shops, and types of cars. Dealers expressed interest in advertising on the site, and the company changed its business strategy to connect dealers and consumers by putting inventory on the site.