Diyvehiclerepair
- Is Kelley Blue Book or Edmunds more accurate?
- What is the most accurate used car value guide?
- How accurate are Edmunds trade-in values?
- What website do car dealers use to determine trade in value?
- Is Parkers price guide accurate?
- Is Edmunds legit?
- What is Edmunds suggested price?
- Is Edmunds accurate Reddit?
- Do banks use Kelley Blue Book or NADA?
- How accurate is NADA for cars?
- What is Edmunds car?
- How can I find the original price of a car?
- Why is Kelley Blue Book higher than Edmunds?
- How much off MSRP Can I negotiate?
Is Kelley Blue Book or Edmunds more accurate?
Kelley Blue Book and Edmunds both offer very good general reference information when it comes to current market conditions and price levels for a particular make and model used car or truck. ... For one vehicle Kelley Blue Book maybe significantly higher than Edmunds—and for another vehicle, Edmunds may be somewhat higher.
What is the most accurate used car value guide?
The Kelley Blue Book—and its equally popular website—is one of the most trusted guides for automobile pricing, used by those who are buying or selling cars. Kelley assesses the following values: private party value, trade-in value, suggested retail value, and certified pre-owned (CPO) value.
How accurate are Edmunds trade-in values?
Edmunds tends to be very accurate when buying or selling from an individual, but it may overestimate what you can get when trading in. Dealerships commonly use the Black Book, so it may provide a more accurate insight as to what you can expect when dealing with a dealership.
What website do car dealers use to determine trade in value?
KELLEY BLUE BOOK – OVERVIEW
While Black Book is mostly used by dealers, Kelley Blue Book (Not spelled Kelly Blue Book without the “e”) is mostly used by individuals looking to trade in or sell their vehicles. Since 1926, Kelley Blue Book has been one of the best-known names in the auto industry.
Is Parkers price guide accurate?
How accurate is Parkers? Parkers may well be the most well-known car valuation service in the UK. It hasn't earned this position for nothing. On many models, its prices are pretty accurate, as thousands of buyers will gladly confirm.
Is Edmunds legit?
About Edmunds
Today, Edmunds maintains an excellent reputation as an independent source of car information, vehicle reviews, and vehicle pricing. They offer many resources for helping consumers buy a car, including their well-known “Secrets of a Used Car Salesman” articles.
What is Edmunds suggested price?
The Edmunds Suggested Price is what we recommend you pay, not including taxes or fees. It is based on our analysis of millions of data points including supply, demand, incentives, options and recent nearby transactions. Start by looking up the car on the Edmunds.
Is Edmunds accurate Reddit?
My experience is that edmunds is more accurate than KBB, but both can be way off depending on the car. Your absolute best bet is to compare to similar cars with similar mileage.
Do banks use Kelley Blue Book or NADA?
Most banks use NADA values; however, some use Black Book or Kelley Blue Book. Ask whether their LTV percentage is calculated upon the vehicle's "loan" value, "trade" value or "retail" value.
How accurate is NADA for cars?
Though, NADA is considered a very reliable resource of used car prices by most, to fully understand when, where, and what makes it so you must understand the basis it's built on. That sounds simple enough, but many American consumers could be very misguided about its information.
What is Edmunds car?
With over 50 years of experience, Edmunds is the trusted guide in car shopping. Our website has in-depth video reviews, new and used listings, free appraisals, and calculators that verify a good price. Shoppers count on us at every step of their journey.
How can I find the original price of a car?
Call the car dealer, provide them with the VIN and other identifying information and ask them about the original MSRP of the vehicle. If you cannot find information from the dealer, you may be able to find price information online.
Why is Kelley Blue Book higher than Edmunds?
KBB gathers information from all states and you can easily compare prices in different states. KBB Trade-in value of the car can also be calculated on the same website. When finding trade-in value, KBB uses the same method and parameters. Usually, KBB shows a higher price than Edmunds.
How much off MSRP Can I negotiate?
Focus any negotiation on that dealer cost. For an average car, 2% above the dealer's invoice price is a reasonably good deal. A hot-selling car may have little room for negotiation, while you may be able to go even lower with a slow-selling model. Salespeople will usually try to negotiate based on the MSRP.
