Kbb Car Value Vin Number – Determining the value of your used car requires only a rough estimate. Accurate pricing is important when selling a vehicle or selling it to a third party. Without it, you risk asking too much (and not finding a buyer) or underselling it. Here are the Kelly Blue Book values.
However, there are many different assessment resources that can be used. They are called “books”. Dealers and car owners can use these books to estimate the value of their cars. Which one to use?
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Today we are going to look at the most popular book, the Kelly Blue Book. We take a look at what they are, discuss the value they provide, and consider when to use Kelly Blue Book estimates.
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The Kelly Blue Book began in 1926 and has become the standard for used car prices. Part of the popularity came from the fact that they printed a blue physical book and it was widely used.
These days, Blue Book lives on KBB.com, where it provides a real-time appraisal of your vehicle. When you enter all vehicle information and condition details, you’ll receive both a trade-in value estimate and a private parts estimate. You also get a fair purchase price and a used price (if you want to buy a car).
Although they no longer distribute a physical book, the Kelly Blue Book remains the gold standard among consumers looking to determine the value of a vehicle.
Kelly Blue Book is vague about the way cars are evaluated on their website. Their actual algorithm is proprietary, which means we can’t take it apart. What we do know is that it relies on data intelligence and uses predictive analytics and field analytics to price your car. According to their website, they use more than 250 data sources to make their predictions.
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We know that Kelly Blue Book uses make, model, mileage and the condition of various systems to calculate its values. They also take into account the type of transmission, engine size and any custom options that add value to the vehicle. Of course, you can bet they count depreciation too.
In general, Kelly Blue Book values can give people an exaggerated idea of what their car is worth. If you go to a dealership, the used car manager may not agree with your Kelly Blue Book value.
Why is that? Often people overestimate the condition of their car when using the Kelly Blue Book tool. A small dent is something you don’t need to mention, but the appraiser will definitely notice. Car dealers must first consider how much the repairs will cost to get the car ready for sale, which is usually $2,000.
Kelly Blue Book is a reliable tool for consumers, but they don’t care what dealers say. They use other tools like Black Book and vAuto to find out what they are offering you to trade.
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So if we are talking about dealerships, Kelly Blue Book values are not considered accurate. When it comes to selling privately, a Kelly Blue Book rating can be very valuable. Both individual sellers and buyers use them to transact.
If you want to sell your car privately, you should use Kelly Blue Book. The person you are selling it to will have already provided an estimate, so you can use this estimate as a starting point for your negotiations.
Finally, the Kelley Blue Book is the premier tool for car dealers. They do their best to rate their cars, but their income generation comes from selling your information to car dealers or driving traffic to the car dealer’s website.
While you may think of Kelley Blue Book as the ultimate arbiter when it comes to vehicle value, if you’re in the dealership business, you may want to check out Black Book or vAuto. Keep Kelly’s Blue Book when selling or buying a personal vehicle.
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Remember that members have access to Black Book Estimates so you can be prepared for what a car dealer can offer you.
Want to know how people think about car values? You can learn more about other assessment books here.
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Never step into a car dealership again and have your car delivered right to your door. Insured and Guaranteed.IRVINE, CA, October 11, 2017. // –Kelley Blue Books Self-Service Package The VIN add-on service now provides new features and enhancements to customers using a self-service interface. Batch VIN provides easy real-time access to reliable new and used vehicle Kelley Blue Book
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Vehicle Identification Number (VIN) values and configuration data from Kelley Blue Book’s business-to-business solutions. Financial institutions and direct mail marketers alike can benefit from Kelley Blue Book’s longstanding position as a trusted source for both consumers and the automotive industry. In addition, VIN Series users can now navigate a self-service portal to provide greater flexibility using Kelley Blue Book’s online Application Program Interface (API) service for on-demand file management or automated task scheduling.
“The latest generation of Self-Service Package’s VIN Valuation Service gives Kelly Blue Book customers the flexibility to process VIN-specific data and provides easy access to Kelly Blue Book’s new and used vehicle values,” said Damon Bennett, Sr. Kelley Blue Book Syndication Director. “Using the trusted Kelley Blue Book brand and the company’s more than 90 years of automotive experience, we are proud to continue to offer exceptional products for our customers and serve as a great resource.”
All VIN information is derived from factory data. Kelly Blue Book also provides a cutout of all the associated VINs if more than one is identified during the decoding process.
Kelly Blue Book is available for car dealers, automakers, finance and insurance companies, banks, credit unions, government agencies, websites and more. Offers vehicle values and information through a series of industry-leading products. Visit https://b2b.kbb.com/industry-solutions/portfolio/ to access and learn more about Kelley Blue Book Values through the new self-service interface.
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For more information and news on KBB.com from Kelley Blue Book, visit www.kbb.com/media/, follow us on Twitter at www.twitter.com/kelleybluebook (or @kelleybluebook), www. Follow us on Facebook. Like our family page. .com/kbb, follow us on Instagram at www.instagram.com/kbb_com/ (or @kbb_com) and get Google+ updates at https://plus.google.com/+kbb.
Founded in 1926, Kelley Blue Book, The Trusted Resource®, is a vehicle evaluation and information source trusted by consumers and the automotive industry alike. Each week, the company provides the industry’s most market-reflective values on its highly rated website KBB.com, including its recognized Blue Book® trade-in values and fair purchase prices, and reports on what others are paying for new. and used vehicles. this week. The company also offers car prices and values through a range of products and services available to car dealers, car manufacturers, finance and insurance companies and government agencies. Kelley Blue Book Co., Inc. — a Cox Automotive™ brand.
About Cox Automotive Cox Automotive Inc., the world’s leading digital marketer, is changing the way cars are bought, sold and owned with financing, retail and wholesale solutions for consumers, dealers, manufacturers and the global automotive ecosystem. Committed to open choices and strong partnerships, the Cox Automotive family includes AutoTrader
And many other brands. The global company has more than 32,000 team members in more than 200 locations and works with more than 40,000 auto dealers, as well as many major automakers, engaging American consumer car buyers with the world’s most popular media brands. . Industry Cox Automotive is Atlanta-based Cox Enterprises Inc., with revenues of more than $20 billion and approximately 60,000 employees. A subsidiary of the company. Other major operating subsidiaries of Cox Enterprises include Cox Communications and Cox Media Group. For more information about Cox Automotive, visit www.coxautoinc.com.
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