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If you plan to be one of the tens of millions of people who buy or sell a used car each year, read on to learn more about used car values and what they mean. Be Aware: 6 Used Cars To Stay Away From
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.
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 ...
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.
From a 1960s Mustang to a 2008 Hummer, the type of cars that are worth the most money, surprisingly, vary. In other words, you may have a fortune parked in your garage and not even realize it.
In 2012 and for 2013, it was also awarded the Best Resale Value Award from Kelly Blue Book in the compact sport utility vehicle category. [ 20 ] [ 21 ] The Wrangler also holds the Models to Best Hold Its Value recognition from Kelley Blue Book for 1998, 1999, 2003, 2011, and 2012.
Established in 1898, the Empire State Motor Wagon Company in Catskill, New York was one of the first American used car lots. [3]The used vehicle market is substantially larger than other large retail sectors, such as the school and office products market (US$206 billion in estimated annual sales) and the home improvement market (US$291 billion in estimated annual sales).
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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