What is NADA value mean?
The NADA value is the value of your used vehicle based on many different value factors. The NADA guides have values for automobiles, motorcycles, boats, RVs, and even manufactured homes. This depends on whether it is the auction value, trade-in value, private party value, or even the used car or new car dealer price.
What is NADA stand for?
National Automobile Dealers Association
National Automobile Dealers Association Founded in 1917, the National Automobile Dealers Association represents the interest of new car and truck dealers to the public, the media, Congress and vehicle manufacturers.
How do I get a NADA report?
NADA’s mission is to serve and represent franchised new-car and -truck dealers, their management and employees.
- Online: Fill out this form.
- Call: 800.557.6232.
- Fax: 703.883.9487.
- Email: [email protected].
What is a NADA BookOut?
BookOut combines the functionality of three existing products (N.A.D.A. ®, Kelley Blue Book®, and Black Book®) into one simple web-based interface. Designed for serious users, BookOut is the only tool that allows you to import used car values into a DealerTrack® credit application with just one click.
What are NADA values based on?
Vehicle values are developed by NADAguides market/data analysts, based on many sources of information including reports of actual transactions. In order to determine a value for any given vehicle, there must be enough used sales transactions in the marketplace.
Where is NADA headquarters located?
Tysons, VA
National Automobile Dealers Association/Headquarters
Do dealerships use KBB vs Nada?
The Blue Book mainly depends on car auctions to determine pricing while NADA uses actual records collected from retail sales. On the other hand, some dealers see KBB prices as a bit overinflated, leading them to rely more on the NADA guidebook.