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The Automobile Blue Book was an American series of road guides for motoring travelers in the United States and Canada published between 1901 and 1929. It was best known for its point-to-point road directions at a time when numbered routes generally did not exist (Wisconsin became the first state to number its highways in 1918 [ 1 ] ).
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
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.
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.
According to Kelley Blue Book, as of May 2020, a new small car averages $20,000, while the median cost of a new midsize model is $26,000. That’s a hefty price tag. That’s a hefty price tag.
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. [22] [23] [24]
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