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Car Valuation and Pricing Questions
What should I pay for a new car?
You might find the same new car at a lot of different dealerships - but how do know what you should pay? 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. The Fair Market Range and Fair Purchase Price are based on massive amounts of data, including actual transactions - then adjusted for seasonal trends and local market conditions in over 100 geographical regions. In other words, you might expect to pay a little different price for the same car in Portland, Oregon vs Portland, Maine. It pays to have some solid facts in your pocket. Good thing KBB.com has done the analysis for you.
What should I pay for a used car?
Maybe more than any other type of car value, used car prices can be confusing for a buyer. You have to think about the options, the condition, the mileage and where you can find that actual vehicle for sale. Then you usually have to negotiate the price. Not to worry. KBB.com has the knowledge and expertise to give you the information to buy with confidence. As a reference, we provide a Typical Listing Price that's based on the asking prices you might see at the dealership. Even more important are the Used Car Fair Market Range and Used Car Fair Purchase Price. Drawing from thousands of actual sales and powered by 90 years of industry know-how, the Kelley Blue Book® Used Car Fair Market Range and Fair Purchase Price will help you evaluate if you're getting a good deal or not. Looking for CPO Pricing? KBB.com has a Fair Purchase Price and Fair Market Range for Certified Pre-Owned vehicles too.
What's my current car worth?
Kelley Blue Book is probably best known for Trade In Values and Private Party Values for the car you already have. When you're visiting a dealership, you can walk in confidently with the Kelley Blue Book® Trade-in Value and Trade-in Range for your car. If you choose to sell your car yourself, the Private Party Value stands as a starting point for negotiation between buyer and seller. These used car values give you a realistic view of what you can expect to receive for your car this week depending on how you dispose of it. For example, you usually make more money in a private party sale but you also have to take on the time and expense of selling it. Some people just don't want the inconvenience. Your car's value is also affected by not just the condition and mileage of your car, but by where you live and even the car's color. That's why it makes sense to stay close to the Kelley Blue Book® Values. 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 trade-in at a network of Participating Dealers (subject to terms and conditions).