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What is Kelley Blue Book?
Kelley Blue Book is an independent vehicle valuation service that has been assisting car buyers since 1926. Thanks to a partnership with Kelley Blue Book, official Blue Book™ values are available on cars.com.
Kelley Blue Book valuations are a great starting point when determining what a used car is worth. Keep in mind that a vehicle's condition, mileage, options and relative popularity in your area can all affect its actual selling price. Also remember that prices will vary based on the type of transaction that takes place -- retail (from a dealer), private party or trade-in.
Types of Values
Trade-In Value
The Trade-in value represents what you might expect to receive from a dealer for a consumer-owned vehicle. Keep in mind that the dealer must absorb the costs of making the vehicle ready for sale, so trade-in values are almost always lower than retail or private party values.
Retail Value
The Kelley Blue Book Suggested Retail value represents the amount an auto dealer might ask for a specific vehicle. The Suggested Retail value is a starting point for negotiation; therefore, the actual sale price will vary. A vehicle's popularity, condition, warranty, color and local market conditions are factors involved in determining a final price. This retail value is not a trade-in or private party value.
The Suggested Retail value assumes that the vehicle has been fully reconditioned and has a clean title history. The Suggested Retail value also allows for advertising, sales commissions, insurance and other costs of doing business as a dealer. Most vehicles offered at this price have passed an inspection, and some may carry a warranty.
Private Party Value
Private Party value represents what you might expect to pay for a used car when you purchase it from
a private party. It may also represent the value you might expect to receive when you sell your own used car to another private party.
CARFAX Vehicle History Report
The CARFAX Vehicle History Report will help you sell your car more quickly by providing potential buyers added confidence in your car's history. The CARFAX Report provides a detailed history of your car that may be displayed with your ad and viewable free of charge to cars.com shoppers.
