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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 guide became the first publication to use mileage to determine a car's value. [citation needed] In 1995, Kelley Blue Book created its company website, which contained tips and pricing information from its hardcopy guide. [10] In December 2010, Kelley Blue Book was purchased by AutoTrader.com.
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 ...
Black Book is a division of Hearst Business Media Corporation. The magazine is circulation controlled, restricted to dealers and financing sources. Black Book is issued weekly, reflecting the latest prices direct from actual or online automobile dealers. [2] National Auto Research Inc, provides vehicle pricing.
The first NADA-sponsored federal legislation, known as the National Motor Vehicle Theft Law, passed in 1919, which made motor vehicle theft involving the crossing of state borders a federal crime. [5] NADA also advocated for automobile finance reforms. [33] NADA began studying used car values in 1922. [33]
Just like cars, minivans, SUVs, and most other vehicles on the road, new RV values take a pretty big hit the moment they’re driven off the lot. The depreciation continues for the life of the RV.
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