Kelley Blue Book Powersports (2024)

FAQs

What is considered very good on Kelley Blue Book? ›

“Very Good” condition means that the vehicle has minor cosmetic defects and is in excellent mechanical condition. This vehicle has had minor or no paint or bodywork, and requires minimal reconditioning. The engine compartment is clean and free of fluid leaks. This vehicle is free of rust.

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The Kelley Blue Book ^® Price Advisor shows you what you should pay for a new or used car based on what others have paid in your area. And how can you be sure you're getting good deal? Aim for the Kelley Blue Book Fair Purchase Price and Fair Market Range as your target price.

KBB factors in the condition of the vehicle, local market conditions, and popularity of the vehicle, so their prices tend to be a lower than NADA. NADA values tend to lean higher because they assume cars are in good conditions. Insights can be gained from both values, but KBB looks at more factors.

There may be some repairable rust damage. "Poor" condition means that the vehicle has severe mechanical and/or cosmetic defects and is in poor running condition. The vehicle may have problems that cannot be readily fixed such as a damaged frame or a rusted-through body.

The accuracy of KBB values can vary depending on several factors, such as the condition of the vehicle, its location, and the current market demand for that particular make and model. KBB values are based on a number of factors, such as the car's make, model, year, mileage, condition, and features.

Also price will differ, sometimes greatly, based on whether the seller is a private individual or a dealer. Webuyanycar.com® is an effective Kelley Blue Book ® alternative. The valuation process is extremely fast and is tailored in real time to your specific vehicle specifications, mileage, and condition.

Mismatched Data

Most dealers do not use KBB for trade-in (wholesale) values. Instead, many rely on National Auto Research's Black Book or the Manheim Market Report, neither of which is available to the public. More important, both tend to skew lower than KBB in wholesale pricing.

That said, a dealer or private seller might price the car higher than the Blue Book range, with good reason. For example, if the vehicle is in low supply or you want hard-to-find options, expect to pay more. By the same token, you might find a vehicle priced below market value.

The Fair Market Range for new cars is Kelley Blue Book's estimate of what a consumer can reasonably expect to pay this week in their area for a vehicle configured with their selected options, excluding taxes, title, fees and any available special offers.

How often do KBB values change? ›

Kelley Blue Book updates or verifies our values and pricing at least once a week to give dealers and consumers up-to-date information.

The Kelley Blue Book^® Instant Cash Offer is a real offer for a specific amount to purchase a consumer's car or apply the amount toward another car. The Offer is valid for 7 days and can be immediately redeemed during business hours at any Participating Dealer, pending inspection.

The real value of your vehicle is determined by what someone will pay for your vehicle today. With the high demand of used cars these days, prices can vary from day to day. None of the books will reflect this change.

CARFAX has a diverse set of data sources. They claim to use over 100,000 sources, encompassing 20 billion records. Most of these resources go into creating the vehicle's history, which, in turn, helps CARFAX create its CARFAX History-Based Value. CARFAX unfortunately does not provide values for new cars.

Very good.

This means the vehicle has minor cosmetic defects and is in excellent mechanical condition. The vehicle has had minor paint touch-ups or bodywork. The vehicle requires minimal reconditioning. The engine compartment is clean and free of leaks.

The Fair Market Range for used cars is Kelley Blue Book's estimate of what a consumer can reasonably expect to pay this week in their area for this year, make and model used vehicle with typical miles and options (or with the miles and options they specify), excluding taxes, title and fees, when buying from a dealer.

Formerly known as the Certified Pre-Owned (CPO) Price, the Kelley Blue Book® Typical Listing Price (CPO) is representative of dealers' asking prices for a used car covered by the manufacturer's warranty in its CPO program. It assumes that the vehicle has been fully reconditioned and has a clear title history.

Excellent Condition: Very clean, might have some minor wear, dings, scratches, or finish cracks, but otherwise very close to new condition. VGC. Very Good Condition: Basically clean, might have some deeper scratches, pick wear, or missing finish. Nothing really serious and no cracks, unless otherwise stated.