29th June 2020

carsdirect
20

What is the difference between Blue Book and Black Book?

The Blue Book is a consumer driven book, where drivers can look to see what they can expect to pay or receive for their vehicle. The Black Book on the other hand, is a dealer driven book. The pricing deals with wholesale values and the most up to date car sales.

Correspondingly, do dealers use KBB or NADA?

Kelley Blue Book and Edmunds are two of the most well known used car pricing guides in the United States. There is also another: NADA—but, NADA is usually used by banks or car dealers to show you an inflated price value. Therefore, you should never use NADA books for real references.

Likewise, is Kelley Blue Book or Edmunds more accurate?

Many experts believe Edmunds' values are more accurate than KBB's. NADA pricing is often higher than Kelley Blue Book since the algorithm has a standard that calls for all trade-ins to be in very clean condition. As a result, you may need to adjust NADA prices down.

What car has worst resale value?

Worst Resale Value Cars
  • BMW 7 Series.
  • Fiat 500e.
  • Jaguar XJ.
  • Jaguar XK.
  • Lincoln MKS.
  • Mercedes-Benz CL-Class.
  • Nissan Leaf.
  • Smart ForTwo Electric Drive.

How accurate is Edmunds True Market Value?

Short answer: Both Edmunds and TrueCar have generally accurate information about car pricing. Still, it's a good idea to evaluate the prices they provide and do your own comparison shopping.
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