by Answerbag Staff on March 6th, 2010

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What is the NADA blue book?

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  • by Anjus Chiedozie on March 6th, 2010

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    Great Answer

    Professionally Researched. (What's this?)

    The NADA Guide is an automotive valuation publication issued by the National Automobile Dealers Association. It is one of the two major automotive guides used in the United States by car dealers and consumers, the other one being the Kelley Blue Book.

    Publisher

    The NADA Guide's publisher, the NADA, was founded in 1917. Originally formed by a group of car dealers to reduce luxury tax on automobiles, the organization became permanent after successfully lobbying Congress.

    Foundation

    As of 1933, the NADA began publishing car guides to provide consumers and car dealerships with automotive information.

    Purpose

    The NADA Guide is meant to educate customers in their buying, selling and trading decisions concerning several kinds of new and used vehicles---from cars, trucks and SUVs to boats, motorcycles and personal watercrafts.

    Online Version

    In 2000, NADA launched the online version of its guide. This was the organization's attempt to be the most comprehensive vehicle information website. Users can enter any car's make, model and year to see prices, reviews, photos and specifications.

    Kelley Blue Book

    The NADA Used Car Guide's biggest competitor is the California-based Kelley Blue Book. Currently America's largest automotive valuation company, its eponymous publication has become synonymous with cars' market value.

    Source:

    NADA Guides

    NADA

    Kelley Blue Book

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