You have to consider not just the type of vehicle, but the vehicle condition, mileage and options. Black book updates its online information daily while kelley blue book or kbb, updates its information weekly traditionally dealers have relied upon black book for determining how much they should pay for. We have over 5 million cheap used and certified preowned cpo vehicles in our database and we provide you. If you dont, return it within a week for a full refund. This means your vehicle will go to wholesale auction, and carmax generally makes very little on these. Get the kelley blue book value for your used car or tradein vehicle, find.
Search new and used cars, research vehicle models, and compare cars, all online at carmax. But your carmax offer may be lower or higher than the kbb estimate because carmax uses its own data and inspection process. Everytime ive done this ive been paid more than bluebook. Good thing kelley blue book has over 90 years of experience with used car pricing and weve done the analysis for you. This is typically significantly lower than blue book trade in values. Vehicle history is an important factor in determining a cars value. Data black book acquires their pricing data from wholesale auctions, and retail.
Kbb is somewhat subjective too, is your car in excellent shape or good, etc. Research the latest new car prices, deals, used car values, specs and more. Use autotraders used car valuation tool to find the kelley blue book value of the car youd like to sell or buy. Nada guides is the leader in accurate vehicle pricing and vehicle information. In addition to taking a vehicles year, make, model, mileage, location and condition into consideration, carfax historybased value is powered by vehiclespecific data thats unique to carfax and tied directly to each car through its vehicle identification number vin. The fair market range and fair purchase price are based on massive amounts of data, including actual. You can expect a few hundred dollars below average trade in value if your car is in good shape.
According to kelley blue book, the brands with the best resale value are toyota on the midend and porsche on the luxury side of things. How much is an oil and filter change, a wash and wax, and in some cases painless dent repair. While marcey points out that your appraisal offer at carmax is the same whether you buy a car from them or not, he agrees that flexible tradein values are. This is an as is value that does not include any warranties. Use the app to save cars and create alerts, scan window stickers on our lot for more details, and even call dibs on a. When buying a used car, its usually hard to know what a fair price is. A quick tour of kelley blue books usedcar valuation service. Our values are the results of massive amounts of data. I drove onto the carmax lot, a guy took it away for a test drive and to check it out, he came back and offered me more than the kbb tradein value, so i took it. In general, youll find that the kbb values are similar to those provided by edmunds. The tradein value gives you an estimate when you give a car back to a dealership.
Get the best prices on great used cars, trucks and suvs for sale near you with edmunds. Tell me about selling a car to carmax ars technica. Black book provides the wholesale or auction value of your car, which is the amount a dealer might pay for it. We were disappointed by the carmax offer, as the buyer blatantly disregarded all of the upgrades our car hadleather, nav, bluetooth, etc. Seems many people do not understand there is a difference between the wholesale price of a car and the retail price. For new car shoppers, the kelley blue book fair market range and fair purchase price go beyond widely available new car prices like msrp and dealer invoice to show you what you can expect to pay for a new car in your area this week. Carmax sets their own used car values so you cant anticipate an offer by exploring kelley blue book, ebay, craigslist, etc. Carmax will give you what is known as used car auction price for your vehicle. Certified dealers are contractually obligated by truecar to meet certain customer service requirements and complete the truecar dealer certification program. By simply filling in a little information year, make, model, mileage, and vehicle condition kelley blue book will estimate the cars value, which in turn can be used during any one of a myriad of buying decisions.
We decided to sell our car, so we checked the blue book value, listed for private party sale, and also go a carmax bid. Look up the nada used car value and also check your cars tradein value using pricing guides such as and kelley blue book. Jan 03, 2010 the blue book value is all well and good, but its not like kelley is going to buy your car for that amount. Canadian black book provides free car values, new and used car prices, and vehicle listings. Jun 01, 2016 kelley blue book kbb is the gold standard in setting usedcar valuations.
In addition, for the easiest way to get rid of your current car, we offer the kelley blue book instant cash offer, an actual cash offer based on blue book values, redeemable today for cash or tradein at a network of participating dealers subject to terms and conditions. Get used car values with edmunds car value appraisal tool. Carmax sets the offer based on a few factors, including. Get the kelley blue book value for your used car or tradein vehicle, find tools to help you with buying or. The book value is essentially the tangible accounting value of a firm compared to the market value that is shown. How carmaxs usedcar prices compare to kelley blue book. Find out what your car is worth at, the trusted resource for used car values. Get used car pricing and explore thousands of car listings at kelley blue book. Bottom line is carmax is going to give you a price they feel good about. This criteria includes the vehicles history, current condition, make, model, year, mileage, and desirability in the market. Carmax vs webuyanycar how is we buy any car different. The retail blue book value, as defined by kelley blue book kbb is their suggested retail value msrp for used cars and is the expected starting price for a used vehicle that has been fully reconditioned and is available for sale by a car dealer.
Since 1926, car buyers and sellers have used the kelley blue book kbb to determine the values and pricing of new and used cars. Where besides kelley blue book can you determine used car. And, blue book value doesnt mean that is what your car is going to sell for there are market factors that vary the final sales price of a car. Usually, those who use one are also familiar with the other. I cashed the check and used it as part of the downpayment for my new, familyfriendly car. Kelley blue book private party value the kelley blue book private party value is the starting point for negotiation of a used car sale between a private buyer and seller. As for the cost they claim it costs for reconditioning, this where they receive more profit. Tell me about selling a car to carmax ars technica openforum. Blue book cars is ready to show you how easy it is to find a quality used car in sanford. Thats why it makes sense to stay close to the kelley blue book values. Our values help customers come back as satisfied repeat buyers. The best way to figure out a value is to search a fifty mile radius of comparable vehicles. Carmax appraisals use the same general criteria as personalized kelley blue book estimates. Its the source for current transaction prices, whether a used car is a tradein or sold through a private party or dealer.
The final sales price depends on the cars actual condition and local market factors. For questions about the truecar auto buying service please call 18888783227. Blue book cars believes in great service, fair pricing, and treating our customers right. In depth view into carmax book value quarterly including historical data from 1997, charts, stats and industry comps. Learn about carmax colorado springs in colorado springs, co cars for sale.
Originally a trade publication, the first consumer edition of this popular used car price guide was published in 1993. Nada blue book values for used cars, certified preowned cars and more, brought to you by the national automobile dealers association. Carmax employees reveal why the company may not be the best. Get one upfront price, a car history report, and all the answers you need, for every car. Since 1926, the organization has monitored usedcar transactions, publishing marketdriven values on preowned cars. Both kelley blue book and black book gather thousands of data points from auctions, banks and leasing companies all over the country. Should you sell your car yourself or accept kelley blue. The kelley blue book private party value reports on a fair price when selling the car to an individual instead of doing a dealer trade in. You can enter information about the vehicle including the style, model year.
Those who have traded in their cars to carmax, how much did you get in comparison to kbb. Mar 23, 2018 kelley blue book vs edmunds used car price guide most individuals buying or selling cars will use mass market guides to help gauge market prices. The keywords from above are suggested and starting. How much of a hit compared to the kbb value would i expect. Second, carmax prices are not based on kbb, blackbook, or any other online car shopping resource. The price that matters is the price some party is willing to pay, so the real issue is whether carmax pays more or less than other dealers or individuals. Used 2017 dodge ram 1500 bighorn for sale on carmax. Car book value get the estimated book value of any car. Over the years, the term blue book has come to be synonymous with the term price guide. Carmax can evaluate tradeins for free and make you an offer that is good for. I sold 2 cars there both with really really high mileage, they seemed to give me kelly blue book value rounded to the nearest hundred. Get a free offer in minutes and find out what you can get for your car today.
Trade in or sell your car with an official offer based on kelley blue book values. New car prices and used car book values nadaguides. Truecar does not broker, sell, or lease motor vehicles. Determining the fair market value of a used car is easy with the kelley blue book used car pricing guide. How carmax s usedcar prices compare to kelley blue book. Those would be sell value to private parties, estimated retail price, and tradein value.
1374 414 698 459 1460 457 1402 1066 786 109 1349 1049 415 91 261 1022 1182 282 1075 1065 1455 636 797 1241 315 1139 1145 1464 1213 854 351 1370 538