Kelley Blue Book | New and Used Car Price Values, Expert Car Reviews (2024)

FAQs

What is the best website to check used car value? ›

The Kelley Blue Book ^® Price Advisor shows you what you should pay for a new or used car based on what others have paid in your area. And how can you be sure you're getting good deal? Aim for the Kelley Blue Book Fair Purchase Price and Fair Market Range as your target price.

An HPI car valuation provides the most accurate and reliable car valuation available.

Kelley Blue Book's lead analysts and statisticians review and validate the data each week for reliability. Some sites and tools purport to show you the drop-dead lowest prices, but the Kelley Blue Book Fair Purchase Price gives you a realistic view of what a new car is actually selling for.

KBB factors in the condition of the vehicle, local market conditions, and popularity of the vehicle, so their prices tend to be a lower than NADA. NADA values tend to lean higher because they assume cars are in good conditions.

For over 90 years, Kelley Blue Book has been The Trusted Resource for used car values, helping car owners understand what their used car is worth.

NADA prices are considered very reliable when determining a retail price for a used car due to the data collection, long publication history, monthly updates, and respect the NADA has in the automotive industry.

Who is paying the most for used cars? After comparing multiple car buying websites, our team found CarMax pays top dollar for used vehicles. We received valuations from CarMax that were above the KBB trade value for each vehicle.

The best place to sell your car online for good value is Cars.com based on our research. We also recommend looking at Carvana, Peddle, CarMax, Copart, CarGurus, Vroom, AutoNation, and Facebook Marketplace when considering selling a used vehicle.

The accuracy of KBB values can vary depending on several factors, such as the condition of the vehicle, its location, and the current market demand for that particular make and model. KBB values are based on a number of factors, such as the car's make, model, year, mileage, condition, and features.

Is Edmunds or KBB more accurate? ›

Many experts believe Edmunds' values are more accurate than KBB's. That's not always the case, of course, which is why getting several estimates and averaging still makes the most sense.

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.

Lag – It takes time for data and analysis to make its way through KBB. Prices listed may not always reflect the very latest trends and economic conditions. Consumer bias – Most people think the car they are selling or trading in is in better condition than it really is.

No one site can be 100% accurate — they all provide estimated values. Both Edmunds and Kelley Blue Book are reputable sites that offer pricing information.

KBB.com has the knowledge and expertise to give you the information to buy with confidence. As a reference, we provide a Typical Listing Price that's based on the asking prices you might see at the dealership. Even more important are the Used Car Fair Market Range and Used Car Fair Purchase Price.

The Black Book value is essentially the wholesale or auction value of a car. Black Book sources pricing data from both wholesale auctions and actual vehicle transactions from across the country. They update or validate their used car prices on a weekly basis.