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Information on the Kelley Blue Book

Thursday, April 23, 2009
Related Tags: kelley | blue | price | book | msrp
 

Instructions

Types of Vehicles

  • Step 1:
    The Kelley Blue Book lists the value of cars, trucks, sport utility vehicles, motorcycles, snowmobiles and personal watercraft.

Obtain Values

  • Step 1:
    People can calculate a vehicle's value at the Kelley Blue Book website (see Resources) or contact any auto dealership for the information.

Used Vehicle Values

  • Step 1:
    Trade-in value is the price a dealer will offer when a customer purchases a different vehicle and includes the current one as part of the payment. Private party value is the price at which private owners are selling, and suggested retail denotes the amount a buyer can expect to spend at a dealer.

New Vehicle Values

  • Step 1:
    MSRP is determined by the manufacturer, and invoice price is the amount the manufacturer charges the dealer for new cars and other vehicles. Dealers can choose to sell at a different price from the MSRP. New vehicle Blue Book value tells the price people are actually paying for a certain vehicle on a nationwide basis.

Factors

  • Step 1:
    Value is calculated by factors such as year of manufacture, make and model, engine size, mileage, general condition and custom details.

Resources


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