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The Black Book family of vehicle appraisal guides in the United States, providing vehicle pricing data, is published by National Auto Research, a division of Hearst Communications. New and used car dealers, lenders, manufacturers, fleet remarketers, and government agencies have used Black Book since 1955.
For used cars, Kelley Blue Book provides typical listing price, certified pre-owned price, trade-in value and private party value. [20] [21] Kelley Blue Book also offers expert and consumer vehicle reviews and ratings, and 5-year cost to own information for new cars. [22] [23]
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:
This information was once only available in trade publications that dealers had access to. There are now numerous sources, such as online appraisal tools and internet classified ads, for used car pricing. [12] Multiple sources of used car pricing means that listed values from different sources may differ. Each pricing guide receiving data from ...
Make Type. Key Takeaways. Used luxury brand cars have the highest relative replacement cost among all make types. They are worth just 59% (or 59 cents on the dollar) of a comparable new model.
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