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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 ...
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.
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.
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 ...
Despite getting a brighter spotlight, race cars make up a small percentage of classic-car sales. The collector-car insurer Hagerty expects racers to make up about 0.5 percent of the roughly 12,000 ...
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Many value guides offer six levels of quality, from a "parts-only" car to the best at "Number 1"—absolutely perfect in every way. A full car restoration can take many years and can cost tens of thousands of dollars, [3] often well in excess of what the finished value of the car will be. Many jobs will have to be farmed out to specialty shops ...
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