What does good condition mean on Kelley Blue Book?
“Good” condition means that the vehicle has some minor cosmetic repairable defects and is free of mechanical problems. This vehicle has had minor paint touch-ups and/or bodywork. The engine compartment may have minor leaks. This vehicle has only minor rust, if any.
What is considered excellent condition for a used car?
Excellent condition means that the vehicle looks new, is in excellent mechanical condition and needs no reconditioning. This vehicle has never had any paint or body work and is free of rust. The vehicle has a clean Title History and will pass a smog and safety inspection.
What is average condition for a car?
Average: My car has normal signs of wear and tear and needs minor reconditioning to be resold. It may have small dents, dings or scratches and may need some maintenance, but does not require major mechanical or cosmetic repair. There are no title, history or odometer issues.
What is poor condition?
In poor condition means the binding of the material is losing its integrity as indicated by peeling, cracking, or crumbling of the material.
What is a fair condition car?
Fair condition means that the vehicle has some mechanical or cosmetic defects and needs servicing but is still in reasonable running condition. This vehicle has a clean Title History. The paint, body and/or interior need work performed by a professional.
How do you evaluate car conditions?
Inspect It Carefully
- Body condition: Check each panel and the roof, looking for scratches, dents, and rust.
- Glass: Look carefully at the glass to make sure there are no cracks or large, pocked areas.
- Suspension: Walk around the car to see whether it’s sitting level.
Is in poor condition?
condition. : not strong and not ready to work or play a sport She hasn’t been taking care of herself and is in poor condition.
What do you call a poor person?
1 needy, indigent, impoverished, destitute, penniless, poverty-stricken, necessitous, straitened.
Does Kelley Blue Book take accidents into account?
If your car has been totaled due to a car accident, you might expect to get paid Kelley Blue Book value for your car. While it is a reasonable assumption to make, the insurance company does not use Kelley Blue Book to determine the value of your car.
How do I find the market value of my car?
Market Value of a Car. This term is usually used to determine the amount for which to insure your car. It is derived from a handbook called the Auto Dealer’s Digest. The simple equation is: market value = trade + retail divided by two.
How do you calculate the value of a car?
Calculate the market value by adding the retail and trade-in value from one source and dividing by two. For example, the retail value of your car is $8,000 and the trade-in value is $6,000. Add these two numbers together to get $14,000. Divide by 2 and your market value is $7,000.
What is the best source for used car values?
Kelley Blue Book and Edmunds. While there are several good online used car price guides on the Internet, Kelley Blue Book and Edmunds are generally considered to be the best. Both sites allow you to determine a car’s actual value by entering specifics such as: mileage, overall condition, make and model and any included accessories or options.
What is the Blue Book value of a vehicle?
Blue book value is the amount your car is worth for sale or trade-in. The “blue book” value of your car is the market amount it is worth to others. Your vehicle may have more than one value. The private-party value indicates the price a consumer might pay to buy the car from you directly.