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Knowing your car’s value is an important piece of information. You may use this figure for insurance reasons, when preparing to buy or sell, when preparing to refinance or when calculating your ...
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.
For example, if you trade in a car with a market value of $10,000 and you buy a new car that's valued at $15,000, you'll only have to pay sales tax on the $5,000 difference.
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Buying a car that best retains value is one of the easiest ways to keep your car’s value high. Kelley Blue Book ranked Toyota as the best brand for resale value, and Lexus as the best luxury ...
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