In addition to the вЂbooksвЂ™ (which of course are primarily websites now), there are some other sites that serve as useful valuation references. So youвЂ™re likely to see Black Book car value calculation tools on some dealersвЂ™ websites. In recent years, the Black Book has shifted its focus toward dealers and brokers, and they offer business-focused paid products now. It also has more detailed and paid tiers, for really detailed information that would be valuable to dealers but more than a consumer would need.В It offers more consideration for future valuation of a car, as well. ItвЂ™s similar to the Blue Book, except that itвЂ™s dealer-focused. This Black Book keeps track of all the car makes and models out there, and their valuation. ThereвЂ™s also the Black Book-no, not the kind where people used to keep phone numbers of dating prospects back before smartphones. The reality is that they use algorithms and averages, which may not capture big changes in the market right away.ДЇor example, the used car market right now has shifted so extremely and quickly, as a result of the effects of the pandemic, that KBB and the others probably arenвЂ™t fully capturing this unprecedented spike in prices. TheyвЂ™re вЂupdatedвЂ™ frequently (KBB is updated weekly), but itвЂ™s hard to know what, exactly, constitutes an вЂupdateвЂ™. But itвЂ™s not the final word, and definitely not the only source of car pricing information out there.ДЄnd, thereвЂ™s a caveat, with Kelley Blue Book value and all the other pricing sites and tools-they may not accurately reflect the most current market trends. The KBB is a great starting point when youвЂ™re trying to determine the fair market value of a car youвЂ™re selling or buying. The KBB is a helpful tool to determine a ballpark used car trade-in value. It has different ranges for whether youвЂ™re planning to buy or sell privately (where youвЂ™ll typically get the best price), or buy from or trade in to a dealer. The Blue Book, or KBB, has been around since 1926 (which is impressive, given that there werenвЂ™t actually a lot of cars around back then).ДЄll you have to do is enter the details (make, model, year, mileage, color, options) of the car youвЂ™re looking to buy or sell, and itвЂ™ll give you the Kelley Blue Book value-a price range to expect. ItвЂ™s a price guide, published by an automotive research company of the same name. The вЂbookвЂ™ theyвЂ™re talking about is usually the Kelley Blue Book. YouвЂ™ve probably heard people refer to вЂbook valueвЂ™ when talking about a carвЂ™s price.

Black book used car values