How reliable is KBB value?

How reliable is KBB value?

Is Kelly Blue Book accurate? The short answer is no. Sometimes it takes a while for the information to get to KBB and reported in their pricing charts. In order to post prices they use an algorithm that takes prices posted on Autotrader which is the most widely used car selling site on the internet (and owned by KBB).

Why are Kelley Blue Book used car prices so high?

Used car prices got so high the American government decided to put a ceiling on prices and used the Blue Book as the ceiling for both wholesale and retail values. Kelley Blue Book continues innovating by being the first publication to use mileage to determine a vehicle’s value. A game-changing innovation, Kelley Blue Book launches KBB.com.

Which is the longest lasting model of Lexus?

Although there are multiple LS models out there, the LS400 and LS460 in particular are among the longest-lasting cars around. With powerful V8 engines as standard, these babies won’t let you down, and they need much less maintenance than other cars of the same class.

Which is the best Lexus car to buy?

Specially designed to be as fun as possible to drive, the Lexus CT 200h is definitely the go-to model for car lovers. However, it’s also easy on your wallet, since it’s a hybrid-electric car that gets astonishing mileage. It’s a compact, four-door hatchback, so it’s ideal for making those frequent school runs and commutes.

When did Les Kelley start the Kelley Blue Book?

After years of successfully running the car company, Les Kelley introduced the Kelley Blue Book in 1926. Les Kelley was so successful at selling cars that he constantly needed more cars for his lot; he began distributing a list of automobiles he wanted to purchase with the prices he was willing to pay for them to dealers and banks.

What’s the value of a Kelley Blue Book car?

About Kelley Blue Book® Values For over 90 years, Kelley Blue Book has been The Trusted Resource for used car values, helping car owners understand what their used car is worth. Depending on the method of disposal, there actually may be more than one Blue Book Value for the consumer’s car, truck or SUV.

How to find the value of a Lexus?

Select the Lexus model you are looking for below and follow the steps to find the relevant Kelley Blue Book Value. Start with a Category… © 1995–2021 Kelley Blue Book Co.®, Inc. All rights reserved. Why do we need your Postal code? Kelley Blue Book® Values and pricing are based in part on transactions in your area.

Is the Kelley Blue Book a trusted name?

Since 1926, Kelley Blue Book has been one of the most trusted names in the auto industry. You might say we literally “wrote the book on car values”. And today there’s no better place to find the value of your current car than KBB.com.

What does Kelley Blue Book Trade in range mean?

The Kelley Blue Book Trade In Range shows what a consumer can expect to receive for their car this week when trading it in at a dealer. The Kelley Blue Book Private Party Value reports on a fair price when selling the car to an individual instead of trading it in.