Kelley Blue Book receives real-world used car prices on a daily basis from wholesale auctions, independent and franchised dealers, rental fleets, auto manufacturers, lessors, and private party transactions. AR Motorsports explains why Kelly Blue Book and Nada Guide are general references. Note: Total inspections may be less than the sum of vehicle, driver, and hazmat inspections. How Kelley Blue Book Determines Car Values Potential problems with Blue Book values include a delay as price information is assessed, the consumer tendency to overrate the value of the car they are selling or trading in, and a mismatch between wholesale values listed by Kelley and the prices used by dealers, who access special industry-only pricing info.New and used car dealers, lenders, manufacturers, fleet remarketers, and government agencies have used Black Book since 1955. Kelley determines Blue Book values by analyzing pricing information from real-world used car prices, as well as industry developments, economic conditions, and location. The Black Book family of vehicle appraisal guides in the United States, providing vehicle pricing data, is published by National Auto Research, a division of Hearst Communications.Kelley assesses the following values: private party value, trade-in value, suggested retail value, and certified pre-owned (CPO) value.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.
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