Sunday, January 8, 2012

What's the difference between Kelley blue book values and NADA guide values for vehicles?

Two different companies - they each develop their own pricing model. A better bet is Edmunds.com with their true market value. Dealers will advertise below KBB or below NADA. They never advertise below Edmunds because Edmunds does not inflate the pricing like KBB and NADA do in order to favor the dealer.|||NADA is what the dealership is going to go to for your car's trade-in value.. kbb is more for consumers and people selling the car themself.





i think NADA also favors the buyer whereas kbb is more favorable to the seller|||NADA is a bank book. Used to determine percentages for financing. NADA values are not what a car is worth. Kbb is a source, not the standard. KBB doesn't favor consumers or dealers.

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