Kellys Blue Book Vs NADA Vs Edmunds Guide - The Differences in Blue Book Automotive Price Guides

You'll always feel more confident that you got theversion since 2006 making it difficult to carry a
best value when selling or buying a car if yourcopy with you when negotiating the final price of
entire transaction costs are near the averageyour car. Moreover, it only updates its online True
amount buyers in your area usually pay for theMarket Value (TMV) pricing tools monthly. So if
same manufacturer, model, year and version.you want more up-to-date values for your car, it
However, finding the most accurate blue book forlooks like Kellys Blue Book will serve you best.
cars price guide may prove difficult. They all claimAside from the normal guide contents, both the
to provide unbiased fair market values for yourKellys Used Car Guide and NADA car consumer
car, however when compared, you will findedition can also provide you with Vehicle
significant discrepancies among the different priceIdentification Numbers (VIN), easy-to-use
guides due to differences in their assessmentequipment schedules with values for optional
methods. Among the most prominent, widelyequipment, acceptable mileage range chart values,
used and accepted automobile price guides arecredit check service that can evaluate your credit
Kellys Blue Book for Cars, National Automobilescore and what type of loan you could qualify for
Dealers Association (NADA Car), and Edmundsand retail values. However, Kellys Blue Book for
Guide. So, which is the most reliable guide amongCars provides Retail Value for a longer time
the three?frame, more than 15 years compared to the less
One sign of reliability is the assessor's years ofthan 10 years covered by NADA Car. What's
experience in the market. Among the three,more, Kellys Blue Book will also give you
Kellys Blue Book for Cars is the oldest, firstinformation on your car's original list price, Kellys
printed in 1926 and continuing to serve as aAuction (how much a vehicle is expected to sell
bastion of trustworthy information for over 80for at wholesale auction), and Kellys Wholesale
years. Shortly thereafter in 1933, NADA printedLending (expected finance value of a fully
its first Car Appraisal Guides. The youngest isreconditioned vehicle) values not found in other
Edmunds Guide, established in 1966. Of the three,guides. Meanwhile, Edmunds Guide prides itself on
Kellys Blue Book has the longest record ofproviding the True Market Value (TMV) pricing for
unparalleled service establishing it as a standard innew and used vehicles, detailed histories on
car appraisal guides. The Blue Book for Cars haspopular models, and Certified Used Vehicle
an established extensive database and provenInformation. However, Kellys Blue Book, NADA
methodology that is continually being refined.Car, and Edmunds Guide retail or TMV prices do
Another signal of accuracy is the completeness ofnot factor in the buyer's credit details that could
the data and how often the data is updated. Bluemarkedly affect the final price of your vehicle
Book for Cars, NADA Car, and Edmunds Guide allthough they do have connecting sites that will help
offer similar info like new and used car privateyou apply for a loan in easy steps.
party and detail retail values, trade-in values, andHold on now, the most important determinant of
tips on how to buy, sell or trade in your car.reliability has yet to be discussed, and this is the
Moreover, all of them have easy-to-accessaccuracy of values provided by these guides.
websites that makes researching car details andMany experts would tell you that the most
car reviews easier. Then, in what way do theyaccurate car price guide is one that gives vehicle
differ from each other?values closest to the actual "selling price" in the
Aside from their websites, both KBB and NADAmarket, which actually varies day-to-day and
publish and regularly update easy-to-carryplace to place. Prices for new cars are not much
paperbacks in several versions that cater to theof an issue, but used car values differ significantly
specific needs of its readers, only the Kellys Bluebecause of many factors, primarily the condition,
Book for Cars is published in its trademark blueage and mileage of your car. To get the most
color while NADA Car is bright yellow. Kellys Blueaccurate value, one has to keep tabs and analyze
Book Used Car Guide is updated every 2 months,a large quantity of private, dealer and auction
KBB New Car Guide is updated 4 times a yeardata. That is a difficult feat at best, and to be
and KBB Consumer guides are updated twice afair, none of the three: Kellys Blue Book for Cars,
year. Meanwhile, the online data for Kellys Auction,NADA Car, nor Edmunds Guide offer absolutely
Kellys Trade-in, Kellys Wholesale Lending, and KBBtrue or accurate values based on the analysis of
Retail Values are updated weekly, making theyour car's present condition. In the end the one
information more useful for car dealers andwith the most expertise will probably provide the
buyers alike. In contrast, the NADA car consumerclosest estimate and it is already an established
guide is updated 4 times a year and the onlinefact that Kellys Blue Book has always been a
data is updated monthly. Edmunds Guide, on theleader and industry standard in car appraisal
other hand, has stopped printing its portable bookservices.