How To Find Car Wholesale Prices, used car prices nada.#Used #car #prices #nada


How To Find Car Wholesale Prices

When it comes time to trade in a car, you have to know cars wholesale prices. When pricing a car there are three distinct values: retail, private party and wholesale (otherwise known as trade in value). The retail price is the price a dealer is expected to charge for a car prepped and ready for sale. The private party price is the expected value when purchasing a car from an individual. The wholesale price is what a dealer will normally offer for a trade.

Learning more about used car wholesale prices can help you understand how dealerships purchase used cars for their inventory and help you leverage this information to negotiate a great deal at a used car dealership. It is important to remember that used car valuations are never set in stone and that wholesale prices may vary up or down significantly based on local or national market conditions. This guide will help you learn how dealerships purchase used cars at wholesale prices and how other expenses can raise a dealership s investment in a vehicle.

Buying a Car: Wholesale Price Explained

When you are in the market for a used vehicle, used car wholesale price may become a topic of discussion while you are at the dealership. Simply put, wholesale value is the amount that vehicles may be purchased for during dealer-only wholesale car auctions.

Wholesale value is impacted by vehicle availability, mileage and condition. As used car dealerships aim to make a significant profit on their used vehicles, wholesale values are much lower than the retail price of used cars. Just as they purchase at wholesale prices from an auction, similar values are offered when vehicles are appraised for trade-in at a dealership. Although the trade-in value is not equal to the wholesale value, they are similar enough to give you an idea of what a vehicle s wholesale value should be.

Let s say you see a 2007 Honda Civic LX sedan that sold at auction for $4,360. That would seem like a great price and it might be a vehicle that you would like to purchase from a used car dealer. However, before you dial your cell with your credit card in hand, think about this. A Honda Civic LX is a mid-line vehicle that should sell in the $8,000-$12,000 range, even at wholesale auction.

Determining Wholesale Value

When a car is traded in and doesn t fit the requirements to be sold on the dealers used car lot, it is normally sold at an auction. The wholesale price is determined by an average of the auction selling price and is adjusted on a regular basis and is the raw information on which used car prices are set. To find the wholesale price of a vehicle, take into consideration the overall condition of the car and use websites like Kelley Blue Book or NADA GUIDES to estimate the value. Pay close attention to the condition descriptions and be as honest as possible to get the most accurate value.

Another way to obtain the wholesale value of a car is to have it appraised by a local dealer. Be aware that they might inflate the value in hopes of selling you a car. If they quote a number higher than expected, be wary. One way to help to get the best possible price when trading a car is spending a little time prepping it a little time spent washing, waxing and cleaning the inside might gain a few hundred dollars more.

Additions to the Wholesale Value

While a dealership will attempt to purchase vehicles for the wholesale value or below, there are other fees that will increase the dollar amount the dealer-owned vehicle. These additions to the wholesale value are worth considering when you negotiate with a dealership and estimate their used car costs. The most common expenses dealerships incur after purchasing a vehicle are transportation, reconditioning, detailing and certification. Transportation costs vary wildly but the average vehicle that requires interstate transport will cost at least $500 to move.

Reconditioning costs will also vary by vehicle, as some vehicles will require no maintenance and others will require thousands of dollars worth of work. Prior to a vehicle being offered for sale, most dealerships will also complete a thorough interior and exterior detail that will have an internal dealership cost of between $100 and $150. If the vehicle will ultimately be sold as certified pre-owned, there will also be a charge of up to $1,000 for the extended factory warranty.

Subsequently, you will see why a dealership cannot normally negotiate as low as the trade-in or wholesale value of a used vehicle. The wholesale price is simply a guideline used by dealership managers as they purchase vehicles for their inventory. As a result, vehicles are shipped to and reconditioned at the dealership more than $1,000 of additional expenses incurred by the dealership before the vehicle is offered for sale.

There is no disrespect intended in this step, as it is quite difficult to interpret what the pricing you are seeing means. Let s say you see a 2007 Honda Civic LX sedan that sold at auction for $4,360. That would seem like a great price and it might be a vehicle that you would like to purchase from a used car dealer. However, before you dial your cell with your credit card in hand, think about this. A Honda Civic LX is a mid-line vehicle that should sell in the $8,000-$12,000 range, even at wholesale auction. If one sells for $4,360, you have to ask what s wrong with it? Is it a flood car? Is there a title problem? Is it a high-miler? What are the issues that have kept its price so low?



NADA: Used-Car Price Dip Not Sign of Overall Decline #very #cheap #car #insurance


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NADA: Used-Car Price Dip Not Sign of Overall Decline

By Matt Schmitz

June 12, 2013

Despite May’s 2.1% month-over-month dip in the average price of used cars and light trucks — the largest in seven months — the National Automobile Dealers Association says the used-car market is stable. According to the June edition of the NADA Used Car Guide, the average trade-in price for used cars and light trucks up to 8 years old slipped only $57 to $15,263 in May compared with the same period a year ago.

“A growing supply of 3-year-old vehicles is applying downward pressure on the prices of late-model vehicles,” Jonathan Banks, executive automotive analyst for the NADA Used Car Guide, said in a statement. That increase is, in part, due to increased fleet and lease sales after 2009, when new-vehicle sales hit a 30-year low with fewer trade-ins occurring, he said.

Some markets have felt the squeeze of the higher supply more than others, Banks said. NADA estimates the late-model supply of midsize cars, as well as compact and luxury utility vehicles, has increased by an average of 16%, while the late-model supply for the overall market has increased by only half that amount. Trade-ins on midsize cars during the first five months of 2013 depreciated by 2.8% to $12,749, while overall market prices during the same period dipped by less than 2%, and prices for full-size pickup trucks increased 1%. Meanwhile, average prices of used luxury cars and utility vehicles have fallen 3.3% this year.

Banks insists there is little evidence of substantial declines in the overall used-car market. “With gasoline prices holding steady and consumer sentiment at its highest level since 2007, we’re expecting an above-average performance in June,” he said.

Used SUV Prices Increase in April as Luxury Cars Fall

More Used-Car News on Cars.com



Nada Used Car Price Guide #used #car #finder


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Nada Used Car Price Guide

Nada used car guide are actually pretty easy to find. You have to know how to make and model of the car you want to buy or sell and what the year of the car is. Make sure that you always have proper information when you are selling or buying the car because the prices are varying from state to state.

The Nada used car guides contain both buyers and sellers of used cars as to their details value. These guides can be use as a tool for the new car buyer to obtain the highest resale value a few years down the road. The Nada separated car prices into three categories based on the information that you provided such as option and overall condition.

Low retail is the first category that means that the person who purchases a vehicle in this condition should spend a bit of money into bodywork, mechanical repair, carpet or other interior parts will have wear as excess of its age.

Average condition of vehicle is included in second category that is called clean retail. Everything should be clean in your vehicle.

The last category is High Retail. You should maintain the vehicle clean from additional attribute and it should come with someone in sort of inspection or warranty.

There are also two types of NADA used car price guides. Consumer, end purchaser, uses the most types and banks, auto dealers, and insurance companies use another that. This should stand to no surprise at all.

A used car dealer expectation to purchase the same vehicle is much different from what a consumer would. Safety items such as tires and brake pads will often be replaced, in addition to a thorough detail of the vehicle to make it appealing for customers shopping the dealer’s pre-owned inventory.

Another significant factor affecting resale value, particularly in regards to a dealer trade-in, is the cost to recondition a vehicle for sale.



NADA Guide vs. Black Book vs. Kelley Blue Book #diecast #model #cars


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Throwing the Book at You: Which “Blue Book” Gets You the Best Deal?

“Blue Book pricing!”

“We’re selling below Blue Book!”

“Get true Blue Book value for your trade-in!”

Whether you’re buying or selling a car, or even just conscious these days, you can’t get away from Blue Book mania. At one time “Blue Book” value was a used car insider’s term like cream puff or cherry, but today the phrase is, er, all over the lot.

Born of the original restricted-circulation, dealer-only NADA guide of used car wholesale and retail values, the Blue Book has become one of the major merchandising devices of modern vehicle selling. From seedy used car lots, to new car dealers, to million dollar national promotions for major automobile manufacturers, they all claim to sell cars at or below “Blue Book.”

What, actually, is a Blue Book? Who started this whole arbitrary pricing bible? How accurate are they and how do they get their numbers? Most importantly, do they provide truly valuable information to help you get the best deal, whether you’re buying or selling new or used? Read on.

Although the real Blue Book goes by the brand name Kelley Blue Book. like Kleenex for tissues, the term has become generic for all vehicle pricing guides. There are three principal reference sources heading a wide array of vehicle pricing information available today through printed matter, the Internet, and high zoot communicators such as BlackBerries and Treos.

Kelley Blue Book

Eighty-one years old, this guide boasts that one out of three people who buy a new or used car in the United States use this service. Kelley Blue Book (often misspelled as Kelly Blue Book) collects its information by attending auctions throughout the country where it bases used car evaluations: Excellent, Good, Fair and Poor. From those, Kelley Blue Book then sets wholesale values based on what are called “front line” (as in traffic stopper) vehicles, which also includes costs for reconditioning, transportation and auction fees.

Why should Kelley Blue Book be the book you depend on for the best deal? They claim it is most valuable to you, because you can get a quote from a Kelley Blue Book in Steubenville, Ohio and it will be the same at thousands of dealerships across the country. This means that buying or selling, you’re getting a fair deal.

Nada Guide: Blue-and-Orange/Yellow Book

Spokespeople for the 74-year-old NADA guide say their book is superior to the others because the NADA book is the official data guide issued strictly for dealer members of the National Automobile Dealers Association (NADA) trade group, and it has access to totally exclusive data, such as dealer retail sales, and it analyzes additional data from more than 500,000 various points of sale and other market data.

They say the circulation of the NADA guide out-guns the competition by almost five to one. The wholesale and retail pricing listed in the NADA guide seems to be higher in some areas than Kelley Blue Book due to its preset standard that all trade-ins be in very clean condition. Since “front line” might not accurately describe your vehicle, (only 5 percent of trade-ins or wholesale vehicles are) be prepared to adjust your expectations downward from what the NADA guide says.

Black Book

The 52-year-old, widely-used Black Book guide is circulation controlled, restricted to dealers and financing sources. Unlike kbb.com and NADA.com, the Black Book Web site does not provide data, only links you to dealers. The Black Book is the only value guide issued weekly instead of monthly, reflecting the latest prices direct from actual or online automobile dealers.

Whereas other value books or value Web sites may break down value into WHOLESALE and RETAIL numbers or TRADE-IN, PRIVATE PARTY and RETAIL, Black Book truly specializes in WHOLESALE VALUE, determining the value of used cars within categories of EXTRA CLEAN, CLEAN, AVERAGE or ROUGH. Although the others also issue editions for special interest/classic/rare cars, the Black Book’s Cars of Particular Interest (CPI) value guide contains over 14,000 vehicles, dating from 1946 to 2007.

What Do the Pros Use?

According to Lynn Faeth, referring to the used car operation of his nationally-noted The Scout Connection dealership in Fort Madison, Iowa, “I use the Kelley Blue Book and the Black Book for used car valuation. But the Black Book CPI is my mainstay in determining the true value of any rare or unusual vehicle which I buy or sell.”

Seconding Faeth’s comment, is John Gorton who runs Gerton Auto Sales, a large, successful used car enterprise in Mt. Vernon, Indiana, “I use the Black Book — the electronic version — exclusively in my operation, because its used car pricing seems to be more accurate and up to date, coming out weekly instead of monthly.”

“The system I use,” adds longtime Southern California car salesman Roger Himmel, “combines checking value of a trade-in or used car purchase in Kelley Blue Book and the NADA guide, then telephoning wholesalers or other dealers to see what the value is to them. After all, for every thing I buy, I must find a buyer.”

Back to the books, since each of the three value data industry leaders claim to offer the most accurate information and the best deal to buyers and sellers, AOL Autos decided to investigate by researching the used car values of three different types of vehicles in each of the three books, Kelley Blue Book (KBB), Black Book and the NADA guide.

The Subjects

1998 Dodge Durango SLT: An older American-made hemi-muscles big iron SUV

2004 Honda Civic EX: A gas-squeezing highly popular late model Japanese sedan.

2002 Porsche Boxster S: German sports car.

All are in clean condition, all are standard factory equipped.

Here, based on the actual data in the May 2007 books and electronic data from these three sources are the AVERAGE comparisons. The first number is what the guides say you can expect selling or trading in your used car. The second column is the starting point for negotiations on what the used car dealer wants for the same vehicle, if you are buying.

Based on these numbers, it would appear that your lead sled Durango is going to fetch the prettier penny from dealers who favor the Black Book. If you’re buying, you want the NADA guide users.

You can also see that the differences of the Honda’s wholesale value could fit under a spare tire cover. But when it comes to retail, the Kelley Blue Book value is out there thousands of dollars over the other two.

It appears that you would get top buckster for your used Boxster from the Black Book gang, but if you’re shopping for one, the NADA guide-using dealer would appear to be your best bet.

However, remember these comparisons can change week to week (for Black Book), month to month (for the others) and definitely region to region. For example, in an earlier study, Black Book data showed lower wholesale values than the NADA Guide, but higher than the Kelley Blue Book numbers. Go figure.

In addition, situations can change. If gas went back to a buck a gallon, OK even two bucks, what would the Durango be worth then? Would the high-mileage wonders like Prius and the MINI lose their high esteem and growing demand cachets?

So, the bottom line as to which book to use is that there is no steady, set, fixed bottom line; they are all good, dependable, honest sources of information, some better than others for specific vehicles or markets or needs or purposes. When it comes to buying and or selling a new or used vehicle, you might say the best method would be to use a combination of a used car classifieds search, your judgment and these sources as your own value guide, remembering most importantly that they are guides, not the Magna Car-ta.



Nada car values – How to use Nada guides to get MAXIMUM trade-in dollars! #cars #for #sale #qld


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Nada Car Values

Nada Used Car Value

Learn to use Nada car values, Nada used car price guide to MAXIMIZE your trade-in value, research used cars with “Consumer Retail Edition” of Nada book is what this page is all about!

Nada stand for National Automobile Dealers Association. Nada Guides is another leading Used Car Valuation book you should get familiar with.

Depends on your physical location, and your local dealership’s preference. Some places used Nada book to determine Car Trade-In Value. they are different than Kelly blue book, you generally get HIGHER value for your trade than blue book value, so it’s in favor of you!

Nada car values information is OPEN to general public, unlike Black Book Value which is ONLY reserved for industry users like car dealers, financial institutions etc.

Nada car values guide is known for their BRIGHT orange color book that details:

* Average loan value

* Average trade-in value

* Average retail value

In different regions of the country. The numbers in the book reflect ACTUAL transactions at the dealerships.

Unless you are in the automotive industry, you wouldn’t be able to access the “The Official Used Car Guide” which is for dealer-only, thin pocket book published monthly.

However, there is a consumer retail edition of Nada used car price guide published quarterly, you can purchase through Online Book Store and research on used car market price in the United States.

Nada Used Car

Value Classification

Make sure you properly classify the car based on miles and options, conditions etc. Go to nadaguides.com and browse under Used Car section.

I’d like to remind you that even the values with NADA used card guide are very close to the dealer book value, this is still a guideline.

Be prepared to get a lower quote when you DO take your vehicle to a car dealership for Used Car Appraisal. Check out the used car valuation variables section to find out why you’re getting a low number than the book value.

If you are interested in knowing approximately how much is your car worth, go to NadaGuides.com and select the body style, vehicle make, year and model information etc for detailed pricing information.

Are you selling your car

to dealers or private parties?

If you are in the market of buying or selling your car with dealers or private parties. I strongly suggest you get a copy of

Nada Guide Consumer Retail Edition from Amazon Book Store. The book gives very clear instructions on how to determine the classification. Read it carefully so you don’t end up paying too much or selling for less.

One last thing I’d like to point out that you will see the loan value in the Nada used car pricing guide refers to what the bank will loan for the car.

Dealers know banks will only finance loan value. So the dealer will sell the car for loan PLUS X amount of dollars for ADDED PROFITS.

By having the Nada guide book in your hand, you are in a much better position to negotiated and WIN by the end.

Other Book Guide You May Not Know About

Did you know that dealers use Black Book to determine used car values and that’s the MOST common way to appraise used cars wholesale values.

If you live in Canada, used Canadian Black Book as the official guide.



Used Car Appraisal Calculator, Used Car Values, Nada Used Car Price Guide. #economy #car #rental


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Site Title / used-cars-advice.com

Used Car Appraisal Calculator, Used Car Values, Nada Used Car Price Guide

What Is Site Title : The site title is the text that appears in a browsers toolbar, is also by search engines to determine a webpage’s relevance to a search query and appears in results to search queries.

Meta Description / used-cars-advice.com

Your comprehensive used car values and pricing guideline online, used car appraisal calculator, nada used car price guide, nada guide used cars

How much time should I spend on meta tags, and which ones matter? What Is Meta Description : A brief description of each page, that can be a sentence in length, in a website that help search engines determine its contents.

In order for websites to get better rankings on a search engine’s results page, each page should have a unique meta description.

Meta Descriptions and Titles are given priority to be included as snippets that appear in results of search queries.

How much time should I spend on meta tags, and which ones matter?

Meta Keywords / used-cars-advice.com. Available

Matt Cutts Discusses Snippets What Is Meta Keywords : Keywords regarding the topics or the subject of the website.

Meta Keywords are a factor in helping Search Engines determine the content of websites.



Used Cars Values Nada #car #wheels


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used cars values nada

Latest new car prices, deals, used car values, dealer quotes CPO values. NADA Guides is the leader in vehicle pricing and vehicle information.Get new car truck MSRP, invoice pricing, used certified pre-owned (CPO) trade-in and retail values for all makes and models.NADA values for used car, truck, or SUV determine the proper NADA valuation for virtually any vehicle to ensure that you are making or getting a good deal.AutoTrader Once on AutoTrader s homepage, click on the Research Cars tab and then Used Cars. The AutoTrader offers car values as far back as 1981.Your comprehensive used car values and pricing guideline online, used car appraisal calculator, nada used car price guide, nada guide used carsVisit Business Site. NADA Used Car Guide values and auction data for lenders and dealers, as well as insurance, government and other automotive professionals.NADA s primary mission as the Voice of the Dealer is to advocate for dealers: to manufacturers, to Congress and the federal government, and to the media and the public.

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Related Posts to used cars values nada

Latest new car prices, deals, used car values, dealer quotes CPO values. NADA Guides is the leader in vehicle pricing and vehicle information.

Get new car truck MSRP, invoice pricing, used certified pre-owned (CPO) trade-in and retail values for all makes and models.

NADA values for used car, truck, or SUV determine the proper NADA valuation for virtually any vehicle to ensure that you are making or getting a good deal.

AutoTrader Once on AutoTrader s homepage, click on the Research Cars tab and then Used Cars. The AutoTrader offers car values as far back as 1981.

Auto Vehicles Review:

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You are here: Press Room 2012 Press Releases NADA: Used Car Prices in 2012 Set to Peak in April

NADA: Used Car Prices in 2012 Set to Peak in April

McLEAN, Va. (April 10, 2012) Trade-in values on used cars are expected to peak over the next few weeks, said Jonathan Banks, executive automotive analyst with the National Automobile Dealers Association (NADA) Used Car Guide.

While prices for all used-vehicle segments will remain stable over the next two months, compact and mid-size cars will appreciate in value and outpace other segments because of rising gasoline prices, shortage of inventory and strong consumer demand for fuel-efficient vehicles, Banks said.

Used values for the compact and mid-size car segments grew by an average of $300 or 2.6 percent from March to April, and values have grown by an average of $500 or 4.3 percent since the start of the year, according to the NADA Used Car Guide.

The most advantageous time this year to trade-in a used car will be April through May because values will be higher, Banks added.

Another factor that has contributed to the dramatic rise in used-vehicle prices over the past year has been an inventory shortage of popular models resulting from fewer off-lease vehicles returning to the market and fewer trade-ins.

The ongoing decline in the used-vehicle supply that began in 2009 has made it challenging for new-car dealers to consistently stock reliable, well-maintained used vehicles, Banks said. This means that dealers will be aggressive with trade-in offers for used vehicles that are in high consumer demand.

NADA estimates that the used supply of vehicles under five years in age has declined by 14 percent since 2009.

Clean, late-model used vehicles under six years old with reasonable mileage will command top dollar, Banks said.

The NADA Used Car Guide is forecasting that used-car prices will decline in June and the rate of decline will pick up over the second half of the year. Prices in June will be about 0.5 percent less compared to April; and July s prices will be about 1.5 percent less compared to April.

Over the past few years, the auto industry has gone through automaker bankruptcies and restructurings, a challenging economic environment and natural disasters which have resulted in significant seasonal volatility, Banks said. Last year, used vehicle prices remained high through July because of a new-vehicle shortage stemming from the natural disasters in Japan, which led to a spike in demand for used vehicles. This year, used-vehicle prices will return to a more normal seasonal pattern.

About the NADA Used Car Guide

Over a 79-year history, the NADA Used Car Guide has earned its reputation as the leading provider of accurate vehicle valuations and auction data. NADA offers a wide range of vehicle values, including those for used passenger car, light-duty and commercial truck, motorcycle, classic car and many more specialty vehicles. Available in a variety of delivery methods, NADA s products and services are used daily throughout the auto, finance, fleet-lease, government and insurance industries. For more information, visit www.nada.com/b2b .

The NADA Story

The NADA story began in 1917 when 30 auto dealers traveled to the nation s capital to convince Congress not to impose a luxury tax on the automobile. They successfully argued that the automobile is a necessity of American life, not a luxury. From that experience was born the National Automobile Dealers Association. Today, NADA represents nearly 16,000 new-car and -truck dealers, with 32,500 franchises, both domestic and international. For more information, visit www.nada.org .

Contact:



Used car prices nada #classic #car #parts


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Used Cars Prices Continue to Rise in 2012, NADA Says

Jonathan Banks

LAS VEGAS (Feb. 4, 2012) Increasing demand and a drop in the supply of used cars and trucks will lead to higher used vehicle prices in 2012, says Jonathan Banks, executive automotive analyst with the National Automobile Dealers Association (NADA) Used Car Guide.

Consumers shopping for either a new or used vehicle will benefit this year from higher trade-in values along with loosening credit, Banks said at a press briefing during the NADA Convention and Expo in Las Vegas. For dealers, reliance on customer trade-ins will increase as they strive to meet the challenges of growing demand in a supply-constrained market.

On a seasonally adjusted basis, the NADA Used Car Guide predicts used vehicle prices will increase by 1.8 percent by the end of the year, peaking in April and May. Used vehicle prices increased 3 percent in 2011.

The slowing rate of depreciation on used vehicles over the course of the year will lead to even stronger trade-in values and enhance the equity that a consumer has in their vehicle, Banks added.

Banks said fuel prices hovering at $3.50 a gallon will increase demand for fuel-efficient compact and midsize cars with prices up by 2.7 percent and 2.1 percent, respectively, by the end of the year.

The NADA Used Car Guide predicts prices for large SUVs will increase by 1.4 percent this year.

A 15 percent drop year-over-year in the used supply of large SUVs will offset the elevated price of gasoline, he said.

The NADA convention runs through Monday, Feb. 6, at the Las Vegas Convention Center. For more information, visit www.nadaconventionandexpo.org .

About the NADA Used Car Guide

NADA Used Car Guide, over its 79-year history, has earned the reputation as a leader in providing accurate and comprehensive vehicle valuation products, services and information to businesses worldwide. NADA collects and analyzes more than 1 million combined wholesale and retail auto-related transaction prices each month. NADA s guidebooks, auction data, analysis and data solutions offer automotive, financial, insurance and government professionals the timely information and reliable solutions they need to make better business decisions. For more information, visit www.nada.com/b2b .

The NADA Story

The NADA story began in 1917 when 30 auto dealers traveled to the nation s capital to convince Congress not to impose a luxury tax on the automobile. They successfully argued that the automobile is a necessity of American life, not a luxury. From that experience was born the National Automobile Dealers Association. Today, NADA represents nearly 16,000 new-car and -truck dealerships with 32,500 franchises, both domestic and international. For more information, visit www.nada.org .

Contact:

Charles Cyrill



NADA Used Car Guide: Sales impact from major vehicle recalls – The Business Journals #used #cars #for #sales


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NADA Used Car Guide: Sales impact from major vehicle recalls

Estimated impact of recalls on Ford, Toyota and General Motors

PR Newswire

McLEAN, Va. Sept. 9, 2014

McLEAN, Va. Sept. 9, 2014 /PRNewswire-USNewswire/ — With more than 39 million vehicles recalled for safety-related issues through August, 2014 is on pace to shatter the previous high set in 2001 when 38.8 million vehicles were recalled for various defects.  While most recalls are simple, on some occasions a recall is serious enough to have a lasting effect.

NADA UCG explores the effect that major recalls have had on automaker’s new and used vehicle sales in its latest white paper The Impact of Vehicle Recalls on the Automotive Market.

“Research has shown that minor, well-handled recalls have an insignificant effect on automakers. However, cases involving a large number of vehicles, numerous reports of severe injury or death, and extensive media coverage can impact market performance” said Jonathan Banks, Executive Automotive Analyst at NADA Used Car Guide.

Brand perception prior to a recall – determine the severity of the damage. To illustrate this, NADA’s analysts examined the market impact of the high-profile 2000–2001 Ford/Firestone tire and 2009–2010 Toyota acceleration recalls, as well as the General Motors ignition switch recalls that have dominated industry headlines in 2014.

In 2000 and 2001 Bridgestone/Firestone and Ford recalled millions of Firestone tires to address tires that were failing prematurely on Ford sport utilities. The defect caused multiple deaths and captured media headlines for an extended period of time. Even so, the impact to used Ford truck prices was minimal.

“Although Ford’s competitive position was slowly getting better, consumer expectations of the brand were relatively low at the time,” said Mike Stanton, Vice President COO of NADA Used Car Guide. “By NADA Used Car Guide’s measurement, the Ford / Firestone tire recalls reduced the competitiveness of Ford’s used truck prices by just 2 to 3 percentage points at its peak. By 2002, Ford truck prices had essentially reassumed their pre-recall trend.”

By contrast, Toyota fared much worse when it recalled nearly 8 million vehicles for issues related to unintended acceleration in late 2009 and early 2010.  Unlike perceptions of Ford earlier in the decade, the universal perception of Toyota as a builder of high-quality, reliable vehicles led to a dramatic contrast between pre- and post-recall perceptions of the brand.

Before the recalls, used Toyota cars and trucks carried prices nearly 40% higher than those of direct competitors. Afterward, Toyota’s advantage over the competition was reduced to 30% – 10 percentage points below its pre-recall position.

General Motors’ ignition switch issue is the first recall event since Toyota’s with conditions grave enough to threaten brand value. To-date, GM has recalled 2.6 million compact cars globally for defective ignition switches that could be inadvertently switched off preventing airbag deployment in the event of a crash. Despite being associated with multiple deaths and intense media coverage, GM’s new vehicle sales and used vehicle prices have gone relatively unscathed.

“GM’s new vehicle sales are up 3% year to date and we’ve observed a just slight 1 to 2 percentage point decline in the competitive position of used Chevrolet car prices since April – discernible, but far short of the compelling evidence collected after Toyota’s recalls” said Jonathan Banks, Executive Automotive Analyst at NADA Used Car Guide.

Click here for the full report The Impact of Vehicle Recalls on the Automotive Market.

About the NADA Used Car Guide 

Since 1933, NADA Used Car Guide has earned its reputation as the leading provider of vehicle valuation products, services and information to businesses throughout the United States and worldwide. NADA collects and analyzes over one million combined automotive and truck wholesale and retail transactions per month. Its guidebooks, auction data, analysis and data solutions offer automotive/truck, finance, insurance and government professionals the timely information and reliable solutions they need to make better business decisions. Visit nada.com/b2b  to learn more.

About NADA 

NADA represents nearly 16,000 new-car and -truck dealerships with more than 32,000 domestic and international franchises. For more information, visit www.nada.org .



Nada Blue Book #car #hire #uk


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Nada Blue Book

Nada Blue Book topics and related Used Car tips are reviewed below. If you are planning to buy or sell a Used Car to or from a Used Car dealer or individual, you should be aware of the basic process in determining the worth of the Used Car. This will help ensure you won’t be scammed and taken for granted by Used Car dealer experts.

  • What is the Used Car Blue Book Value?

The Used Car Blue Book value is a general term used in the Used Car-buying business. It means the worth or value of a Used Car. This vital blue book determines the price of what dealers are willing to pay for a Used Car.

  • Where Can You Find Nada Blue Book?

There are several main popular resources responsible for determining the value of your Used Car. The two most popular and most reputable are the Kelley Blue Book and the N.A.D.A. Appraisal Guides.

The Kelley Blue Book, which coined the term Blue Book, is the original source for determining the loan value on Used Cars. It has been providing Nada Blue Book information for more than 75 years.

The N.A.D.A. Appraisal Guides, founded in 1933, is also a very useful Blue Book that provides Used Car buyers a current review of the Used Car’s worth.

  • How Does the Nada Blue Book Factor the Value of a Used Car?

The Blue Book determines the price of a Used Car based on the make, the model and year. The guide also considers conditions, such as the current condition of the Used Car, mileage and other factors. The two big popular Blue Books are free for public use of their respective web sites. They provide easy to use calculators to help figure the fair value of a Used Car. Knowing the Blue Book value of a Used Car will help you in your search for an honest deal.

  • How To Determine the Amount You Should Spend on Buying a Used Car

If you’re considering buying a Used Car, you should first figure how much money you are able to spend. Consider the all additional incurred expenses such as the insurance when applying for a Used Car loan, extra tax, and purchasing of the Used Car title.

  • How Does the Blue Book Determine the Listed Used Car Value?

Many Used Car dealers and buyers make use of the Blue Book. Used Car auctions, private owners, rentals and fleets, franchised and independent dealers all rely the Used Car Blue Book to listings to determine the final retail or trade in price of the Used Car.

Used Car values are the product of a rigorous research process. Each process begins with examining the collected Used Car data which include the current economic conditions, the historical trends, seasonality, location and Used Car industry developments. The final suggested value reflects the most current reasonable selling price of a Used Car in the current Used Car marketplace.

Be a smart Used Car shopper and don’t get taken for a ride. Check with the Used Car Blue Book for helpful guidelines in your Used Car search.

Nada Blue Book Tips

If you are about to begin shopping for a Used Car or used recreational vehicle, then you need to know what its value is. If you don’t prepare yourself before you go shopping for a Used Car, then you are going to get taken for a ride, and it could be an expensive one. Knowing the Blue Book Values of the Used Car will make negotiating a final price fair for all parties.

Here are the top tips to make sure that you get a deal on your next Used Car:

Find out What Kind of Used Car You are Looking for

If you walk onto the lots or into the showrooms knowing exactly what you are looking for, you will be much less likely to get talked into a more expensive Used Car. All of the Used Car salesmen try to steer you to the more expensive models, that’s how they make a living. Know what you want and go get it and you’ll save money. Don’t look around and let yourself get talked into another Used Car that you know you can’t afford.

Always Shop Around for the Best Price On a Used Car

You should always look around for the best possible deal on the kind of Used Car that you want to purchase. This is the best way to get a deal that will save you time and money. With the money that you save, you will be able to get some accessories for your Used Car if you want.

Compare Used to New Used Car

Deternine if you really want to get a Used Car. Most Used Cars lose a major percent of their value as soon as you drive it off of the dealers lot or take it home. Your initial investment is immediately depreciated. By purchasing a slightly Used Car you will be able to get a Used Car that is almost new, but at a fraction of the cost.

Buying a Used Car is a major financial decision and it is one that you need to consider and plan for. This is the best way for you to get sound Used Car buying advice that will save some money all at once.



Dealership new scam, NADA #for #sale #cars


#black book car values
#

Dealership new scam. NADA/Blue book/black book value

Dealership new scam. NADA/Blue book/black book value

I was attempting to buy a car today. In my prior experiences, blue book was useless as their trade in value is always too high and no dealers would come close to it. Black book and NADA are much closer to what the cars would sell for (most banks use NADA to determine your max. loan value). Lately whenever I go into the dealership, they always seem to reference the blue book when it comes to the value. Of course when I went to the dealership today, they offered me what the blue book offered (on the extreme low side, but whatever). What I don’t understand is why the sudden change? I also don’t understand how the blue book is actually lower than the black book/NADA (retail value is higher though). Upon more comparison between the three, i noticed KBB has the lowest trade in value while one of the higher in retail value. I don’t know if they are just being conservative or the dealers got to them and started getting them to change their numbers since a lot of consumers were using that number. What do you guys think?



Used car values nada #used #dealerships


#used car values nada
#

You are here: Press Room 2012 Press Releases NADA: Used Car Prices in 2012 Set to Peak in April

NADA: Used Car Prices in 2012 Set to Peak in April

McLEAN, Va. (April 10, 2012) Trade-in values on used cars are expected to peak over the next few weeks, said Jonathan Banks, executive automotive analyst with the National Automobile Dealers Association (NADA) Used Car Guide.

While prices for all used-vehicle segments will remain stable over the next two months, compact and mid-size cars will appreciate in value and outpace other segments because of rising gasoline prices, shortage of inventory and strong consumer demand for fuel-efficient vehicles, Banks said.

Used values for the compact and mid-size car segments grew by an average of $300 or 2.6 percent from March to April, and values have grown by an average of $500 or 4.3 percent since the start of the year, according to the NADA Used Car Guide.

The most advantageous time this year to trade-in a used car will be April through May because values will be higher, Banks added.

Another factor that has contributed to the dramatic rise in used-vehicle prices over the past year has been an inventory shortage of popular models resulting from fewer off-lease vehicles returning to the market and fewer trade-ins.

The ongoing decline in the used-vehicle supply that began in 2009 has made it challenging for new-car dealers to consistently stock reliable, well-maintained used vehicles, Banks said. This means that dealers will be aggressive with trade-in offers for used vehicles that are in high consumer demand.

NADA estimates that the used supply of vehicles under five years in age has declined by 14 percent since 2009.

Clean, late-model used vehicles under six years old with reasonable mileage will command top dollar, Banks said.

The NADA Used Car Guide is forecasting that used-car prices will decline in June and the rate of decline will pick up over the second half of the year. Prices in June will be about 0.5 percent less compared to April; and July s prices will be about 1.5 percent less compared to April.

Over the past few years, the auto industry has gone through automaker bankruptcies and restructurings, a challenging economic environment and natural disasters which have resulted in significant seasonal volatility, Banks said. Last year, used vehicle prices remained high through July because of a new-vehicle shortage stemming from the natural disasters in Japan, which led to a spike in demand for used vehicles. This year, used-vehicle prices will return to a more normal seasonal pattern.

About the NADA Used Car Guide

Over a 79-year history, the NADA Used Car Guide has earned its reputation as the leading provider of accurate vehicle valuations and auction data. NADA offers a wide range of vehicle values, including those for used passenger car, light-duty and commercial truck, motorcycle, classic car and many more specialty vehicles. Available in a variety of delivery methods, NADA s products and services are used daily throughout the auto, finance, fleet-lease, government and insurance industries. For more information, visit www.nada.com/b2b .

The NADA Story

The NADA story began in 1917 when 30 auto dealers traveled to the nation s capital to convince Congress not to impose a luxury tax on the automobile. They successfully argued that the automobile is a necessity of American life, not a luxury. From that experience was born the National Automobile Dealers Association. Today, NADA represents nearly 16,000 new-car and -truck dealers, with 32,500 franchises, both domestic and international. For more information, visit www.nada.org .

Contact:



NADA Used Car Guide Release #used #jeeps


#nada used car guide
#

NADA Used Car Guide Release

NADA’s Used-Vehicle Values Featured in New DealerTrack Product for Lenders

McLean, VA, August 10, 2009; NADA Used Car Guide (NADA) has been tapped to provide used-vehicle values for a newly launched product by DealerTrack, Inc. that is designed to enhance lenders’ efficiency and further streamline the auto lending process.

Lenders nationwide depend on used-vehicle values from NADA to determine collateral value. Now, with DealerTrack’s new “BookOut for Lenders,” they can access them directly through the DealerTrack credit application system. Values are provided based on the year, make and model, as well as the condition of the vehicle. The new product also saves time and helps reduce errors by eliminating the need for a lender to manually “bookout” vehicles or “cut and paste” into an application.

“We are pleased to expand our partnership with NADA through the launch of our new BookOut for Lenders solution,” said Robert Granados, vice president and general manager at DealerTrack. “In today’s volatile market, lenders need the easiest possible access to accurate, up-to-date bookout values, and that’s why we designed a solution that is fully integrated with the DealerTrack network.”

“It’s critical that vehicle values reflect the dynamics of short-term market volatility, as well as longer-term cyclical patterns, for the most complete picture,” said Mike Stanton, vice president and chief operating officer, NADA Used Car Guide. “DealerTrack recognizes that NADA’s values do that, and we’re very pleased to team up to provide this information to lenders in an easy-to-use, automated delivery method.”

About NADA Used Car Guide

Over a 76-year history, NADA Used Car Guide has earned its reputation as the leading provider of market-reflective vehicle valuation products, services and information to businesses throughout the U.S. and worldwide. NADA’s editorial team collects and analyzes over one million combined wholesale and retail automotive-related transaction prices per month. Its guidebooks, auction data, analysis, and data solutions offer automotive, financial, insurance, and government professionals the timely information and reliable solutions they need to make better business decisions. For more information, visit www.nada.com/b2b.

About DealerTrack

DealerTrack’s high-value software solutions enhance efficiency and profitability for all major segments of the automotive retail industry, including dealers, lenders, OEMs, agents and aftermarket providers. DealerTrack operates the industry’s largest online credit application network, connecting approximately 19,000 dealers with over 750 financing sources. Our solution set for dealers is the industry’s most comprehensive. Our Dealer Management System (DMS) enables dealers to effectively manage data and operations from a system with an open integration interface. With DealerTrack Inventory Optimization, dealers get better data along with the tools to make smarter, more profitable inventory decisions. Our Sales and F



How to Use NADA Blue Book Used Car Appraisal Guide #my #car #check


#nada used car guide
#

How to Use NADA Blue Book Used Car Appraisal Guide

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Go to the NADA Guides website at nadaguides.com. From the homepage, click “Start Here” next to “Get New and Used Car Pricing.”

Enter a ZIP code where the vehicle is located and then click “Continue.” Click on the vehicle model from the provided list.

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NADA: Used-Vehicle Prices Up Slightly in February – MCLEAN, Va, March 13, 2013 #buying #a #used #car


#nada used car guide
#

NADA: Used-Vehicle Prices Up Slightly in February

MCLEAN, Va. March 13, 2013 /PRNewswire-USNewswire/ Wholesale prices for used cars and light trucks up to 8-years-old rose a modest 0.8% in February, well below the 3% increase for the month over the past two years, says the NADA Used Car Guide in its March edition of Guidelines .

“Price growth for used vehicles through early spring will be weaker than what is typically seen for the period,” said Jonathan Banks. executive automotive analyst with the NADA Used Car Guide. “Consumers and businesses are beginning to react to the expiration of the 2% payroll tax holiday as well as political activity surrounding the federal budget sequester and debt ceiling extension. These factors will have a negative impact on household income and reduce spending.”

Overall, used-vehicle prices have increased by 0.4% over the first two months of the year, significantly less than the 4.4% and 2.4% increases recorded over the same two-month period in 2011 and 2012, respectively.

“The pull-ahead demand for used vehicles stimulated by Hurricane Sandy at the end of 2012 and the delay in filing income tax returns as a result of last year’s fiscal cliff resolution is also playing a role in slowing down price growth,” Banks added.

In addition, February’s tepid performance dropped NADA’s seasonally-adjusted used-vehicle prices index to 122.7, which is a decline of 1.4% from January’s level and just 0.9% higher than February 2012’s reading of 121.6. The index is a seasonally adjusted measurement of the change in price for used vehicles up to 8 years in age.

Looking ahead, NADA expects that used-vehicle prices in March will be flat to up moderately compared to February, and decline in April.

Click here for the March edition of Guidelines .

About the NADA Used Car Guide

Over an 80-year history, the NADA Used Car Guide has earned its reputation as the leading provider of accurate vehicle valuations and auction data. NADA offers a wide range of vehicle values, including those for used passenger car, light-duty and commercial truck, motorcycle, classic car and many more specialty vehicles. Available in a variety of delivery methods, NADA’s products and services are used daily throughout the auto, finance, fleet-lease, government and insurance industries. For more information, visit www.nada.com/b2b .

The NADA Story

The NADA story began in 1917 when 30 auto dealers traveled to the nation’s capital to convince Congress not to impose a luxury tax on the automobile. They successfully argued that the automobile is a necessity of American life, not a luxury. From that experience was born the National Automobile Dealers Association. Today, NADA represents nearly 16,000 new-car and -truck dealers, with 32,500 franchises, both domestic and international. For more information, visit www.nada.org .



How Reliable Is the NADA Used Car Price Guide #car #value #calculator


#used car prices nada
#

How Reliable Is the NADA Used Car Price Guide

The NADA Used Car Price Guide is a set of consumer reports similar to the Kelley Blue Book and to the Edmunds Guide. The NADA Blue Book is the official retail price listing for the National Automobile Dealers Association, a national trade group that incorporates thousands of car dealers. Therefore, the guide can make use of a wide variety of points of sale in order to list NADA used car prices. When purchasing a used car, it can be difficult to ascertain exactly what the value for a particular vehicle is because there is typically some discrepancy between the values listed in the NADA guide, the Kelley Blue Book and the Edmunds Guide. The NADA guide is a reliable source of information, but you must understand exactly what it represents in order to make use of it effectively.

How NADA Lists Prices of Cars

NADA representatives tout their price guide as the strongest representation of the true auto market values in comparison with the prices listed in the Kelley and Edmunds guides. They claim that NADA has a unique set of data points that those other guide books are unable to access; the sales made by auto dealers who are exclusively affiliated with the National Automobile Dealers Association. The result is that the NADA price guide uses hundreds of thousands of individual transactions to come up with average price listings for its vehicles, which is generally a stronger set of data points than either of the other two major used car pricing guide systems is able to use.

Issues with the NADA Values

One primary issue with the NADA value for a used car, however, is the fact that they make use solely of dealer sales prices. If you are planning to sell your vehicle to a private buyer, or if you’re purchasing your car from an individual and not from a dealer, the dealer-based sale prices of the same model, year and make of vehicle are not going to be entirely helpful to you. Dealers tend to sell vehicles for quite a bit more money than individual sellers do, and the NADA guide does not always account for the various discounts and dealership incentive offers that are made in these cases.

A second reason to be cautious when dealing with NADA values is that this particular price guide only analyzes sales of cars in very clean condition. This accounts for a much larger percentage of dealer sales than it does individual sales; in fact, only a very small fraction of used cars sold on the individual market are in such good condition. For this reason, the NADA value for a vehicle may not be the most reliable gauge of price.

How to Use the NADA Used Car Price Guide

The NADA website walks you through entering criteria to find the price guide estimation for the used vehicle you’re considering. The steps below outline the process for using the NADA online used price guide.

Visit the NADA Website

  • Click on the tan “Go” button to the right of Prices Information on the homepage
  • Enter your zip code
  • Choose your make
  • Choose year
  • Choose trim type
  • Enter mileage and options

Compare Trade-In and Retail Values

After entering the criteria for the used car you want to find the pricing estimates for, a list of values will come up: Rough Trade-In, Average Trade-In, Clean Trade-In and Clean Retail. Each heading is click-enabled with a pop-up that describes what each term means.

Research Related Information

The site has several links to direct you to additional information including:

  • Free VIN (Vehicle Identification Number) check
  • Standard specs
  • Information on standard warranty
  • Any recall information
  • Safety and quality ratings from the National Highway Traffic Safety Administration

Search and Compare Similar Vehicles

From the same page, you can click on the “Compare Vehicles” heading to open up a new page that saves the information of the car you just researched with the ability to add a second car to do a side-by-side pricing comparison.

NADA helps provide consumers with much needed information about used automobiles, enabling them to make informed choices when selecting and purchasing used vehicles. It’s an important step in the car buying process.



Nada used car prices private party #car #insurance #quotes #comparison


#nada used car values
#

nada used car prices private party

nada used car prices private party

The List Top Rated Cars for 2015 in WCOTY. Nada Used Car Prices Private Party

From some sources say that there is a list of candidate finalists of (WCOTY) that stands for World Car of the Year in 2015, which reportedly has been announced officially. There are many cars that will be competent to get the best car gels for 2015. For those of you who have a luxury car, maybe your car is one of the best top rated cars on this list. You can find it and maybe what you think about your car is becoming the list of the car.

Some of the best top rated cars consist of the cars which will be marketed or have been sold in the car marketing period of a few years ago. The cars were entered in the list of cars have been on the car which has come in Europe and Asia, and it has to sell 5000 units at least until next year. How about the top rated cars 2013?

On December 15, 2015, top rated cars the name of this luxury car will be included in the list of 7 luxury cars and the most popular. Meanwhile, for the announcement of victory, winner of this award will be held at the Geneva Motor Show, that will be held on March 2, 2015. Well, you may come to see how beautiful the cars to be the list of the great car design. Top rated used cars must be such a beautiful car design and you will love it.

There are some cars that entered the list of names in the 30 car as a candidate of COTY 2015. They are the BMW Active Tourer, Audi TT Coupe, Citroen C4 Cactus, Mercedes-Benz C-Class, Ford Mondeo, BMW X4, BMW Coupe Series, BMW i8, Citroen C1, Fiat 500X Ford EcoSport, Kia Soul, Lexus NX, Mercedes-Benz GLA RC Lexus, Infiniti Q50, Hyundai i20, the Jeep Renegade, and top rated cars others.

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Here is important science on Top Rated Cars. We have the tops resources for Top Rated Cars. Check it out for yourself! You can discover Nada Used Car Prices Private Party guide and read the latest The List Top Rated Cars for 2015 in WCOTY in here.



NADA Used Car Guide Introduces Auction Values #cheap #rental #car


#nada used car guide
#

NADA Used Car Guide Introduces Auction Values

New Values Strengthen NADA’s Position as the Complete Source for Vehicle Valuations – Wholesale and Retail

McLean, VA – (February 2, 2010) NADA Used Car Guide (NADA) has introduced auction values to its electronic product line. These new values are updated weekly to help customers better understand pricing activity for the disposal or purchase of a vehicle in the dynamic auction remarketing channel.

“Thanks to AuctionNet, NADA’s partnership with the National Auto Auction Association (NAAA), our analysts are reviewing approximately 80% of total auction sales volume on a weekly basis to produce the new auction benchmarks,” said Mike Stanton, vice president and chief operating officer, NADA Used Car Guide.

Auction values complement NADA’s traditional value offerings in two important ways for lenders and dealers:

· Lenders rely on NADA values for loan origination based on NADA’s review of a number of data inputs and other factors, not the auction market alone, to help mitigate risk. Lenders are now able to easily access NADA’s auction values to help with remarketing needs and give credit risk managers additional insight.

· Dealers have traditionally used NADA values at auction to help determine what a lender would advance on a particular vehicle. NADA now also provides the most accurate auction benchmarks to help dealers determine pricing activity in the auction lanes.

Auction values are available at no additional cost to subscribers to NADA’s electronic products, including NADA Online, NADA e-valuator, NADA e-valuator for Dealers and NADA Web Service.

In addition to providing weekly auction values, NADA has enhanced its editorial process and methodology through data warehousing innovations and increased analytics capabilities, and advancement of editorial staff skill sets and tools. NADA reviews economic data, market trend information, auction and retail sales transactions, asking price data, manufacturer incentives, new- and-used vehicle supply, regional differences and sales forecasts to produce its trusted trade-in, loan and retail values.

“We have all seen unprecedented swings in the used-car market over the past 18 to 24 months and NADA has responded with significant investments in key areas to provide the most complete and accurate set of vehicle valuations from auction to trade-in to loan to retail,” said Bill Willis, NADA Board of Directors Member from Delaware. “Our suite of pricing information will help the industry monitor potential fluctuations in the auction lanes, and show longer-term movement in the market, to provide the complete picture.”

To learn more about the new NADA Auction Values, as well as the company’s editorial process enhancements and its full range of products and services, stop by the NADA Used Car Guide exhibit (#2043) at the NADA Convention, in Orlando, Florida, February 13-15.

About NADA Used Car Guide

Over a 77-year history, NADA Used Car Guide has earned its reputation as the leading provider of market-reflective vehicle valuation products, services and information to businesses throughout the U.S. and worldwide. NADA’s editorial team collects and analyzes over one million combined wholesale and retail automotive-related transaction prices per month. Its guidebooks, auction data, analysis, and data solutions offer automotive, financial, insurance, and government professionals the timely information and reliable solutions they need to make better business decisions. For more information,



Nada Blue Book #smart #car


#used car prices nada
#

Nada Blue Book

Nada Blue Book topics and related Used Car tips are reviewed below. If you are planning to buy or sell a Used Car to or from a Used Car dealer or individual, you should be aware of the basic process in determining the worth of the Used Car. This will help ensure you won’t be scammed and taken for granted by Used Car dealer experts.

  • What is the Used Car Blue Book Value?

The Used Car Blue Book value is a general term used in the Used Car-buying business. It means the worth or value of a Used Car. This vital blue book determines the price of what dealers are willing to pay for a Used Car.

  • Where Can You Find Nada Blue Book?

There are several main popular resources responsible for determining the value of your Used Car. The two most popular and most reputable are the Kelley Blue Book and the N.A.D.A. Appraisal Guides.

The Kelley Blue Book, which coined the term Blue Book, is the original source for determining the loan value on Used Cars. It has been providing Nada Blue Book information for more than 75 years.

The N.A.D.A. Appraisal Guides, founded in 1933, is also a very useful Blue Book that provides Used Car buyers a current review of the Used Car’s worth.

  • How Does the Nada Blue Book Factor the Value of a Used Car?

The Blue Book determines the price of a Used Car based on the make, the model and year. The guide also considers conditions, such as the current condition of the Used Car, mileage and other factors. The two big popular Blue Books are free for public use of their respective web sites. They provide easy to use calculators to help figure the fair value of a Used Car. Knowing the Blue Book value of a Used Car will help you in your search for an honest deal.

  • How To Determine the Amount You Should Spend on Buying a Used Car

If you’re considering buying a Used Car, you should first figure how much money you are able to spend. Consider the all additional incurred expenses such as the insurance when applying for a Used Car loan, extra tax, and purchasing of the Used Car title.

  • How Does the Blue Book Determine the Listed Used Car Value?

Many Used Car dealers and buyers make use of the Blue Book. Used Car auctions, private owners, rentals and fleets, franchised and independent dealers all rely the Used Car Blue Book to listings to determine the final retail or trade in price of the Used Car.

Used Car values are the product of a rigorous research process. Each process begins with examining the collected Used Car data which include the current economic conditions, the historical trends, seasonality, location and Used Car industry developments. The final suggested value reflects the most current reasonable selling price of a Used Car in the current Used Car marketplace.

Be a smart Used Car shopper and don’t get taken for a ride. Check with the Used Car Blue Book for helpful guidelines in your Used Car search.

Nada Blue Book Tips

If you are about to begin shopping for a Used Car or used recreational vehicle, then you need to know what its value is. If you don’t prepare yourself before you go shopping for a Used Car, then you are going to get taken for a ride, and it could be an expensive one. Knowing the Blue Book Values of the Used Car will make negotiating a final price fair for all parties.

Here are the top tips to make sure that you get a deal on your next Used Car:

Find out What Kind of Used Car You are Looking for

If you walk onto the lots or into the showrooms knowing exactly what you are looking for, you will be much less likely to get talked into a more expensive Used Car. All of the Used Car salesmen try to steer you to the more expensive models, that’s how they make a living. Know what you want and go get it and you’ll save money. Don’t look around and let yourself get talked into another Used Car that you know you can’t afford.

Always Shop Around for the Best Price On a Used Car

You should always look around for the best possible deal on the kind of Used Car that you want to purchase. This is the best way to get a deal that will save you time and money. With the money that you save, you will be able to get some accessories for your Used Car if you want.

Compare Used to New Used Car

Deternine if you really want to get a Used Car. Most Used Cars lose a major percent of their value as soon as you drive it off of the dealers lot or take it home. Your initial investment is immediately depreciated. By purchasing a slightly Used Car you will be able to get a Used Car that is almost new, but at a fraction of the cost.

Buying a Used Car is a major financial decision and it is one that you need to consider and plan for. This is the best way for you to get sound Used Car buying advice that will save some money all at once.



Used Car Appraisal Calculator, Used Car Values, Nada Used Car Price Guide. #whats #my #car #worth


#used cars values
#

Site Title / used-cars-advice.com

Used Car Appraisal Calculator, Used Car Values, Nada Used Car Price Guide

What Is Site Title : The site title is the text that appears in a browsers toolbar, is also by search engines to determine a webpage’s relevance to a search query and appears in results to search queries.

Meta Description / used-cars-advice.com

Your comprehensive used car values and pricing guideline online, used car appraisal calculator, nada used car price guide, nada guide used cars

How much time should I spend on meta tags, and which ones matter? What Is Meta Description : A brief description of each page, that can be a sentence in length, in a website that help search engines determine its contents.

In order for websites to get better rankings on a search engine’s results page, each page should have a unique meta description.

Meta Descriptions and Titles are given priority to be included as snippets that appear in results of search queries.

How much time should I spend on meta tags, and which ones matter?

Meta Keywords / used-cars-advice.com. Available

Matt Cutts Discusses Snippets What Is Meta Keywords : Keywords regarding the topics or the subject of the website.

Meta Keywords are a factor in helping Search Engines determine the content of websites.



NADA Trade-in Value #used #cars #prices


#trade in car value
#

NADA Trade-In Value on Used Cars

By visiting the National Automobile Dealers Association (NADA ) website, you will be able to determine an accurate value on your used trade-in. Trading in your vehicle will often alleviate the price of buying a new vehicle and will also help you come into some extra cash if you are looking to sell. The market for used vehicles has shown positive gains over the past couple of years, and many buyers are looking to purchase old vehicles due to better gas-efficiency or expiring terms on leased vehicles. So, if you have a sturdy vehicle that has served you well in your driving career, trading it in may be something to look into.

Depending on what type of vehicle you own, some – like SUVs – often have a higher trade-in value than if you were just going to sell. The NADA guide will help you determine which value will result in the highest monetary gain. It is up to you, the owner – to research and uncover the residual value of your vehicle and determine whether the trade-in value is truly profitable. This article will help you navigate the NADA website in order to determine the suggested NADA trade-in value.

Visit NADA online at www.nadaguides.com to get started. On their homepage, click on the “New and Used Car Center” link to bring you to the Car Research page. From here, it pays to have some background information on your car. Consult the owner’s manual for any specifics, or take your vehicle to a trusted mechanic to get a full assessment on its condition and performance.

Once you are on the Car Research page, select the make and year of your car from the list provided. Next, select model and trim. The trim is the style of the car, be it sedan, coup, or sports utility. You will also want to factor in any amenities, such as power steering and automatic windows. These details will influence value and the price you can negotiate for your vehicle. Providing the required information will help their system to generate the estimated NADA trade-in value for used cars.

Finally, you will want to enter the car’s mileage. The average wear and tear of your vehicle is represented by the miles it has on it, and this too will influence price and value. Higher miles do not necessarily mean lower value, so again it helps to include all the information you have and know on your vehicle in order to get the most accurate price.

From here, click “Continue” to receive your free trade-in report. On it, NADA will list four different values, but you will be interested in the trade-in value. This is broken down into 3 subcategories based on the condition of your car. Be honest when you answer whether the vehicle’s condition is rough, average, or clean. Remember that condition is relative, so what may be average to you, may be better or worse to potential buyers and dealers. Always shop around and conduct thorough research before you settle on a final asking price.



Used car values nada #repo #cars #for #sale


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You are here: Press Room 2012 Press Releases NADA: Used Car Prices in 2012 Set to Peak in April

NADA: Used Car Prices in 2012 Set to Peak in April

McLEAN, Va. (April 10, 2012) Trade-in values on used cars are expected to peak over the next few weeks, said Jonathan Banks, executive automotive analyst with the National Automobile Dealers Association (NADA) Used Car Guide.

While prices for all used-vehicle segments will remain stable over the next two months, compact and mid-size cars will appreciate in value and outpace other segments because of rising gasoline prices, shortage of inventory and strong consumer demand for fuel-efficient vehicles, Banks said.

Used values for the compact and mid-size car segments grew by an average of $300 or 2.6 percent from March to April, and values have grown by an average of $500 or 4.3 percent since the start of the year, according to the NADA Used Car Guide.

The most advantageous time this year to trade-in a used car will be April through May because values will be higher, Banks added.

Another factor that has contributed to the dramatic rise in used-vehicle prices over the past year has been an inventory shortage of popular models resulting from fewer off-lease vehicles returning to the market and fewer trade-ins.

The ongoing decline in the used-vehicle supply that began in 2009 has made it challenging for new-car dealers to consistently stock reliable, well-maintained used vehicles, Banks said. This means that dealers will be aggressive with trade-in offers for used vehicles that are in high consumer demand.

NADA estimates that the used supply of vehicles under five years in age has declined by 14 percent since 2009.

Clean, late-model used vehicles under six years old with reasonable mileage will command top dollar, Banks said.

The NADA Used Car Guide is forecasting that used-car prices will decline in June and the rate of decline will pick up over the second half of the year. Prices in June will be about 0.5 percent less compared to April; and July s prices will be about 1.5 percent less compared to April.

Over the past few years, the auto industry has gone through automaker bankruptcies and restructurings, a challenging economic environment and natural disasters which have resulted in significant seasonal volatility, Banks said. Last year, used vehicle prices remained high through July because of a new-vehicle shortage stemming from the natural disasters in Japan, which led to a spike in demand for used vehicles. This year, used-vehicle prices will return to a more normal seasonal pattern.

About the NADA Used Car Guide

Over a 79-year history, the NADA Used Car Guide has earned its reputation as the leading provider of accurate vehicle valuations and auction data. NADA offers a wide range of vehicle values, including those for used passenger car, light-duty and commercial truck, motorcycle, classic car and many more specialty vehicles. Available in a variety of delivery methods, NADA s products and services are used daily throughout the auto, finance, fleet-lease, government and insurance industries. For more information, visit www.nada.com/b2b .

The NADA Story

The NADA story began in 1917 when 30 auto dealers traveled to the nation s capital to convince Congress not to impose a luxury tax on the automobile. They successfully argued that the automobile is a necessity of American life, not a luxury. From that experience was born the National Automobile Dealers Association. Today, NADA represents nearly 16,000 new-car and -truck dealers, with 32,500 franchises, both domestic and international. For more information, visit www.nada.org .

Contact:



NADA Consumer Edition Used Car Guide (NADA Official Used Car Guide: Consumer Edition) #car #problems


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Description

Buying or selling a used car or truck? Consult the recognized authority to determine its fair market value PLUS, receive a 20% discount on CARFAX Vehicle History Reports when you purchase the N.A.D.A. Guide!

The N.A.D.A. Official Used Car Guide continues to be the automotive industry’s primary source for determining the value of used cars, trucks, SUV’s and minivans. It’s used by more car dealers, insurance agents, bankers and government agencies than any other guide.

Published four times annually since 1992, the Consumer Edition of the N.A.D.A. Official Used Car Guide contains the following valuable information:

• Trade-in value and two retail values for domestic and import vehicles manufactured between 1993 and 2002

• Extensive options charts

• Vehicle Identification Numbers

• An acceptable mileage range chart

• Vehicle weight information

• Detailed explanation of value categories

Each copy of the Consumer Edition of the N.A.D.A. Official Used Car Guide also contains a coupon for 20% off a CARFAX Vehicle History Report, which provides you a detailed history on almost every vehicle. And only CARFAX gives you a $5,000 Certified History Guarantee. (See book for details.)



NADA Used Car Guide: Sales impact from major vehicle recalls – The Business Journals #business #car #insurance


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NADA Used Car Guide: Sales impact from major vehicle recalls

Estimated impact of recalls on Ford, Toyota and General Motors

PR Newswire

McLEAN, Va. Sept. 9, 2014

McLEAN, Va. Sept. 9, 2014 /PRNewswire-USNewswire/ — With more than 39 million vehicles recalled for safety-related issues through August, 2014 is on pace to shatter the previous high set in 2001 when 38.8 million vehicles were recalled for various defects.  While most recalls are simple, on some occasions a recall is serious enough to have a lasting effect.

NADA UCG explores the effect that major recalls have had on automaker’s new and used vehicle sales in its latest white paper The Impact of Vehicle Recalls on the Automotive Market.

“Research has shown that minor, well-handled recalls have an insignificant effect on automakers. However, cases involving a large number of vehicles, numerous reports of severe injury or death, and extensive media coverage can impact market performance” said Jonathan Banks, Executive Automotive Analyst at NADA Used Car Guide.

Brand perception prior to a recall – determine the severity of the damage. To illustrate this, NADA’s analysts examined the market impact of the high-profile 2000–2001 Ford/Firestone tire and 2009–2010 Toyota acceleration recalls, as well as the General Motors ignition switch recalls that have dominated industry headlines in 2014.

In 2000 and 2001 Bridgestone/Firestone and Ford recalled millions of Firestone tires to address tires that were failing prematurely on Ford sport utilities. The defect caused multiple deaths and captured media headlines for an extended period of time. Even so, the impact to used Ford truck prices was minimal.

“Although Ford’s competitive position was slowly getting better, consumer expectations of the brand were relatively low at the time,” said Mike Stanton, Vice President COO of NADA Used Car Guide. “By NADA Used Car Guide’s measurement, the Ford / Firestone tire recalls reduced the competitiveness of Ford’s used truck prices by just 2 to 3 percentage points at its peak. By 2002, Ford truck prices had essentially reassumed their pre-recall trend.”

By contrast, Toyota fared much worse when it recalled nearly 8 million vehicles for issues related to unintended acceleration in late 2009 and early 2010.  Unlike perceptions of Ford earlier in the decade, the universal perception of Toyota as a builder of high-quality, reliable vehicles led to a dramatic contrast between pre- and post-recall perceptions of the brand.

Before the recalls, used Toyota cars and trucks carried prices nearly 40% higher than those of direct competitors. Afterward, Toyota’s advantage over the competition was reduced to 30% – 10 percentage points below its pre-recall position.

General Motors’ ignition switch issue is the first recall event since Toyota’s with conditions grave enough to threaten brand value. To-date, GM has recalled 2.6 million compact cars globally for defective ignition switches that could be inadvertently switched off preventing airbag deployment in the event of a crash. Despite being associated with multiple deaths and intense media coverage, GM’s new vehicle sales and used vehicle prices have gone relatively unscathed.

“GM’s new vehicle sales are up 3% year to date and we’ve observed a just slight 1 to 2 percentage point decline in the competitive position of used Chevrolet car prices since April – discernible, but far short of the compelling evidence collected after Toyota’s recalls” said Jonathan Banks, Executive Automotive Analyst at NADA Used Car Guide.

Click here for the full report The Impact of Vehicle Recalls on the Automotive Market.

About the NADA Used Car Guide 

Since 1933, NADA Used Car Guide has earned its reputation as the leading provider of vehicle valuation products, services and information to businesses throughout the United States and worldwide. NADA collects and analyzes over one million combined automotive and truck wholesale and retail transactions per month. Its guidebooks, auction data, analysis and data solutions offer automotive/truck, finance, insurance and government professionals the timely information and reliable solutions they need to make better business decisions. Visit nada.com/b2b  to learn more.

About NADA 

NADA represents nearly 16,000 new-car and -truck dealerships with more than 32,000 domestic and international franchises. For more information, visit www.nada.org .



NADA Introduced Auction Values for Used Cars – autoevolution for Mobile #rent #a #car #cheap


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NADA Introduced Auction Values for Used Cars

By Alex Vasile | 2010-02-03 16:02 GMT

Selling or buying an used car just became a lot more easier for all Americans, as National Automobile Dealers Association (NADA) managed to introduce auction values to its website. This new tool which will help you evaluate any used vehicles has been created in collaboration with the National Auto Auction Association (NAAA). Values are updated weekly.

Thanks to AuctionNet, NADA’s partnership with the National Auto Auction Association (NAAA), our analysts are reviewing approximately 80% of total auction sales volume on a weekly basis to produce the new auction benchmarks, said Mike Stanton, vice president and chief operating officer, NADA Used Car Guide.

NADA s new Auction values complement NADA’s traditional value offerings in important ways. This service is very important for the dealers, which rely on the NADA values.

We have all seen unprecedented swings in the used-car market over the past 18 to 24 months and NADA has responded with significant investments in key areas to provide the most complete and accurate set of vehicle valuations from auction to trade-in to loan to retail, said Bill Willis, NADA Board of Directors Member from Delaware. Our suite of pricing information will help the industry monitor potential fluctuations in the auction lanes, and show longer-term movement in the market, to provide the complete picture.

Auction values are available at no additional cost to subscribers to NADA’s electronic products, including NADA Online, NADA e-valuator, NADA e-valuator for Dealers and NADA Web Service.



NADA Used Car Guide: Used Vehicle Prices to Slip in 2014 – NEW ORLEANS, Jan. 25, 2014 #free #cars


#nada used car guide
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NADA Used Car Guide: Used Vehicle Prices to Slip in 2014 Greater supply of used cars to end five years of price growth, but prices will remain at historically high levels.

NEW ORLEANS. Jan. 25, 2014 /PRNewswire/ — A sharp rise in the supply of late-model used cars and light trucks is expected to end a five-year run of price growth, according to the NADA Used Car Guide.

Late-model used vehicle supply will be more plentiful in large part due to an 18% surge in off-lease volume. The supply of units six to eight years in age, however, will continue to fall as a byproduct of the new vehicle sales decline from 2006 to 2009.

“These diverging trends will result in late-model used vehicle prices dropping more substantially than their older counterparts,” said Jonathan Banks. executive automotive analyst for the NADA Used Car Guide, at the 2014 NADA Convention Expo in New Orleans .

NADA predicts prices of used vehicles up to four years in age will decline by an average of 2.5% on an annual basis in 2014. By comparison, prices of units from five to eight years in age will essentially remain flat.

Collectively, NADA anticipates the average price of used vehicles up to eight model years in age will fall by 0.5% to 1% this year. In 2013, prices grew by a slight 0.4% and have increased 18% since 2007.

“Although availability of off-lease units will be better this year, it’s important to place volume levels into historical context,” Banks said. “Despite the increase, lease volume will still be 11% below 2009 levels.”

Volume growth will be highest for the segments with higher new sales over the past few years — compact utilities, subcompact cars, luxury cars and utilities. Conversely, tight supply for certain truck segments — mid-size vans, large SUVs and compact/large pickups — will see prices increase once again in 2014.

Supply aside, the outlook for other market fundamentals remain positive. The economy is expected to grow at its highest level since 2012, unemployment will continue to fall, home prices remain on the rise and credit conditions will continue to be advantageous.

“Economic factors, in addition to the increased dealer focus on used car operations and greater awareness of manufacturer certified pre-owned programs, will keep used vehicle prices at historically high levels despite the anticipated decline,” Banks said.

The four-day convention runs Jan. 24-27 at the Ernest N. Morial Convention Center. For more information, visit www.nadaconvention.org .

About the NADA Used Car Guide

Since 1933, NADA Used Car Guide has earned its reputation as the leading provider of vehicle valuation products, services and information to businesses throughout the United States and worldwide. NADA’s editorial team collects and analyzes over one million combined automotive and truck wholesale and retail transactions per month. Its guidebooks, auction data, analysis, and data solutions offer automotive/truck, finance, insurance and government professionals the timely information and reliable solutions they need to make better business decisions. Visit nada.com/b2b to learn more.

About NADA

NADA represents nearly 16,000 new-car and -truck dealerships with more than 32,000 domestic and international franchises. For more information, visit www.nada.org .

SOURCE NADA Used Car Guide



Kelley Blue Book vs. NADA Used Car Values – Automotive Digital Marketing ProCom #car #brokers


#used car prices nada
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Kelley Blue Book vs. NADA Used Car Values

What is my car worth? This apparently is a loaded question. Kelley Blue Book says one thing and NADA says another. Which one is right? Consider this.

The structure of the vehicle values provides the differentiation between the two groups. At KBB there are many “values” or “worths”: Trade-In, Private Party, Suggested Retail, and Certified Pre-owned. At NADA, there is Trade-In Value and Suggested Retail Value. NADA lumps all buyers and sellers into one category which could be entitled “Vehicle Value” or the like and you would simply infer that you get what you pay for if you are on the buying end. In a crowded and complicated marketplace, simplicity is hard to find.

Kelley Blue Book attempts to “funnel” you into one of two categories: “What should I pay for a used car” or “What’s my car worth?” There is  problem with this philosophy: The insinuation that in a vehicle transaction that one party can get a “steal” and the other gets snookered .

Does the distinction between the current “worth” of a vehicle and what you should be expected to pay for a certain vehicle need to be made? Why does this matter? I’ll tell you.

The test vehicle used in this scenario is my very own 2008 Hyundai Santa Fe GLS. The Trade-in value on my “Good” Santa Fe is $8,364 and the Private Party value is $10,274. Then I check out the suggested retail price which is essentially the dealer’s price, and lo and behold. $12,624. Herein lies the problem.

KBB inadvertently skews used car values because of the consumer’s perception that a dealer gets a Santa Fe for $8,364 and flips it for $12,624 for a fast handsome profit. You see consumers then head over to a used car dealer demanding at least $10k because that is what “I could sell it for”.

The NADA’s approach makes much more sense. There is no suggested retail, certified retail, private party clutter to cloud the mind. I would go a step further and advise dropping the Trade-In value as well. A car is worth what it is worth, considering the condition of the vehicle.

When you go to the new car lot or used car lot, your car is worth what it is worth. When you sell your car on autotrader, your car is worth what it is worth. When you go to purchase a vehicle, the car is worth what it is worth. And how do we know it’s worth. you guessed it, exactly what price someone will pay and exactly the price at which someone will sell.

Maybe this is parochial and the KBB way is sophisticated but I believe the “multiple value” approach oftentimes leads to falsely inflated values .



Dealership new scam, NADA #used #cars #cincinnati


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Dealership new scam. NADA/Blue book/black book value

Dealership new scam. NADA/Blue book/black book value

I was attempting to buy a car today. In my prior experiences, blue book was useless as their trade in value is always too high and no dealers would come close to it. Black book and NADA are much closer to what the cars would sell for (most banks use NADA to determine your max. loan value). Lately whenever I go into the dealership, they always seem to reference the blue book when it comes to the value. Of course when I went to the dealership today, they offered me what the blue book offered (on the extreme low side, but whatever). What I don’t understand is why the sudden change? I also don’t understand how the blue book is actually lower than the black book/NADA (retail value is higher though). Upon more comparison between the three, i noticed KBB has the lowest trade in value while one of the higher in retail value. I don’t know if they are just being conservative or the dealers got to them and started getting them to change their numbers since a lot of consumers were using that number. What do you guys think?



Used car values nada #car #insurance #quote


#used car values nada
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You are here: Press Room 2011 Press Releases 2011 NADA Used Car Guide Adds VIN Scanner App to its Mobile Products

NADA Used Car Guide Adds VIN Scanner App to its Mobile Products

Free app integrates with NADA AppraisalPRO and NADA Online

McLEAN, Va. (Aug. 12, 2011) NADA Used Car Guide has added a vehicle identification number (VIN) barcode scanning app for mobile devices to help vehicle appraisers make fast and accurate decisions.

The new VIN scanner app, which is available for the iPhone, iPad 2 and Android, is free to download for subscribers of NADA Online and NADA AppraisalPRO.

The VIN barcode scanner simplifies the vehicle decoding process and allows users to look up NADA values for used cars, light trucks and commercial trucks quickly and accurately, says Mike Stanton, NADA vice president and chief operating officer of the NADA Used Car Guide.

NADA s mobile products also include features that make automatic value adjustments for mileage and accessories and can also integrate vehicle history reports.

For more information, visit www.nada.com/mobile or call (866) 974-NADA.

About the NADA Used Car Guide

NADA Used Car Guide, over its 78-year history, has earned the reputation as a leader in providing accurate and comprehensive vehicle valuation products, services and information to businesses worldwide. NADA collects and analyzes more than 1 million combined wholesale and retail auto-related transaction prices each month. NADA s guidebooks, auction data, analysis and data solutions offer automotive, financial, insurance and government professionals the timely information and reliable solutions they need to make better business decisions. For more information, visit www.nada.com/b2b .



NADA: Used-Car Price Dip Not Sign of Overall Decline #repossessed #cars


#used car prices nada
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NADA: Used-Car Price Dip Not Sign of Overall Decline

By Matt Schmitz

June 12, 2013

Despite May’s 2.1% month-over-month dip in the average price of used cars and light trucks — the largest in seven months — the National Automobile Dealers Association says the used-car market is stable. According to the June edition of the NADA Used Car Guide, the average trade-in price for used cars and light trucks up to 8 years old slipped only $57 to $15,263 in May compared with the same period a year ago.

“A growing supply of 3-year-old vehicles is applying downward pressure on the prices of late-model vehicles,” Jonathan Banks, executive automotive analyst for the NADA Used Car Guide, said in a statement. That increase is, in part, due to increased fleet and lease sales after 2009, when new-vehicle sales hit a 30-year low with fewer trade-ins occurring, he said.

Some markets have felt the squeeze of the higher supply more than others, Banks said. NADA estimates the late-model supply of midsize cars, as well as compact and luxury utility vehicles, has increased by an average of 16%, while the late-model supply for the overall market has increased by only half that amount. Trade-ins on midsize cars during the first five months of 2013 depreciated by 2.8% to $12,749, while overall market prices during the same period dipped by less than 2%, and prices for full-size pickup trucks increased 1%. Meanwhile, average prices of used luxury cars and utility vehicles have fallen 3.3% this year.

Banks insists there is little evidence of substantial declines in the overall used-car market. “With gasoline prices holding steady and consumer sentiment at its highest level since 2007, we’re expecting an above-average performance in June,” he said.

Used SUV Prices Increase in April as Luxury Cars Fall

More Used-Car News on Cars.com



Nada Motorcycles #used #dealerships


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NADA Used Car Value

Even though buying a used car seems far more complex than buying a new car, they really are not that different.  All you need to do is begin by looking in the NADA guide  and determining the NADA used car value .

At one time, it took a lot of intuition to find out if a dealer or a private seller were trying to sell their used car for far too much.  Assuming that everything checked out with the car, you really could not be too sure.  The NADA guide and the Kelley blue book have changed all of that.  Of course, as I said, we will focus on finding the NADA used car value .

WHERE DOES NADA GET CAR PRICES?

The great advantage of the NADA blue book is that it draws its information from all of the car sales in the nation.  NADA, which stands for National Automotive Dealers Association. represents over 19,700 new car and truck dealers. In addition, NADA has editors that review over 1 million actual transactions a month!  And this is how the numbers are compiled, which is why so many consumers and dealers rely on them. This does not necessarily mean that the car is being sold at a great price.  But at least you have a base line to work from.

NADA AND KBB COMPARISON

Another important thing to do is to compare the NADA guide to the KBB.  NADA appraises vehicles using auction prices, retail prices, and other data sources which are reviewed on a monthly basis by their editors.

The KBB also uses extensive research to determine the values of their vehicles. However, the KBB leans more towards used cars and the consumer, whereas NADA leans more towards the dealer and new cars. Which if you are buying certified pre owned, you should especially be using the NADA numbers in your negotiation. You can read why we love CPO cars here .

Why bother using the NADA used car value ?  One word: comparison.  Sometimes, the NADA used car value will be lower than the Kelley blue book value .  When that happens, you have one more advantage to bring to the negotiating table.

Now, even though buying a used car is not much more complex than buying a new car, we still have to take into account one thing.  Unlike new cars, each used car is unique simply because of its mileage, condition, and options.  The NADA guide and the Kelley blue book actually address these specifically in their calculations.

They also take into account different options such as transmission, power windows, cruise control, power door locks, leather seats, aluminum/alloy wheels, power sunroof, rear entertainment system, and navigation system.

Imagine trying to weigh these all without a NADA blue book or Kelley blue book!

FINAL ADVICE ON USING THE NADA GUIDE TO DETERMINE USED CAR VALUE

Now, one thing that must always be taken into consideration is that the NADA used car value does not take into consideration private sales.  Instead, it will offer four categories:

  • Rough Trade-In
  • Average Trade-In
  • Clean Trade-In
  • Clean Retail.

Of course, the clean retail would match the actual NADA value offered for the vehicle according to nationwide final sales prices.

Also, most dealers will not consider the prices of ANY guide, if your car has over 100,000 miles. The reason is because they most can’t sell vehicales with that many miles at their dealership – they are sent straight to auction. So make sure,  if you are going to be trading in your used car at the dealer, to do so before you reach this mileage limit. If you are over 100,000, then you will make more money selling privately on your own .

I believe buying a used or CPO car is easier than buying a new car. The reason is because with a used car, these guides help you determine the price. When you buy a new car, the dealer can begin to change the price based on different car options. However, check out my post on when buying a brand new car is better than buying used.

Remember, there is no rule about which guide you should use.  However, if you want to get the best deal when buying a car, you should use both.

Car valuation is a complicated process.

The Kelley blue book and NADA blue book help make that complex process easier.  Happy car hunting!



NADA Adds Certified Pre-Owned Values to Used Car Guide #car #loans #calculator


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NADA Adds Certified Pre-Owned Values to ‘Used Car Guide’

MCLEAN, VA — Sept. 5, 2012 : The National Automobile Dealers Association Used Car Guide is now providing manufacturer-certified pre-owned (CPO) values for every qualified vehicle in its printed and electronic editions.

“We recognize the tremendous effort that manufacturers and new-car dealers have put into developing and raising consumer awareness of CPO programs,” said Mike Stanton. vice president and chief operating officer of the NADA Used Car Guide. “Our focus is to improve the accuracy of CPO values through NADA’s industry-leading data collection and analysis.”

CPO sales now encompass a larger percentage of overall retail sales of late-model used vehicles than ever before. Manufacturer CPO programs add value to a vehicle because mandatory inspections and extended warranties reduce the risk for used-vehicle buyers.

“New-car dealers and consumers as well as lenders now have — at the point of sale — a guide for the retail premium of a CPO vehicle under a manufacturer’s program,” Stanton added. “NADA’s CPO values will provide lenders with underwriting guidance for consumer loans associated with the growing number of used vehicles sold through manufacturer CPO programs.”

NADA estimates the CPO value by analyzing the sales records of both certified and non-certified vehicles. The analysis of the data is based on key drivers, such as vehicle age, individual CPO program requirements of multi-point inspections, depreciation rates, warranty extension, age and mileage.

The new CPO valuation complements NADA’s comprehensive collection of benchmark data for used vehicles.

About the NADA Used Car Guide

Over a 79-year history, the NADA Used Car Guide has earned its reputation as the leading provider of accurate vehicle valuations and auction data. NADA offers a wide range of vehicle values, including those for used passenger car, light-duty and commercial truck, motorcycle, classic car and many more specialty vehicles. Available in a variety of delivery methods, NADA’s products and services are used daily throughout the auto, finance, fleet-lease, government and insurance industries.



How to Use NADA Blue Book Used Car Appraisal Guide #sell #used #car


#nada used car guide
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How to Use NADA Blue Book Used Car Appraisal Guide

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Go to the NADA Guides website at nadaguides.com. From the homepage, click “Start Here” next to “Get New and Used Car Pricing.”

Enter a ZIP code where the vehicle is located and then click “Continue.” Click on the vehicle model from the provided list.

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  • Photo Credit IT Stock Free/Polka Dot/Getty Images

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How to Determine the NADA Trade In Value of a Used Car #car #heater


#car trade in value
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How to Determine the NADA Trade In Value of a Used Car

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Go to the NADA website and click on the New Used Car Pricing under the consumer section of the site.

Click on the New and Used Car Center link under the Car Research category.

Select the make of the car that you want to trade in then choose the year.

Select your car’s model and trim. In order for NADA to provide an accurate trade in value, you must provide them with as much information as possible. The trim of a car is basically the car’s style which allows NADA determine the standard features for the model’s style.

Enter the car’s mileage and check all of the applicable equipment options that your car comes with. NADA pre-selects those options that are standard but you’ve got to select the additional options that they did not include. After all, you know your own car better than NADA does.

Click Continue to review the free trade in report. NADA provides four different values. They provide the retail value of the car and they also provide the trade in value based on your car’s condition, rough, average or clean. If you car is in bad shape, use the rough value. If it’s average, use the average value and if your car is in top notch shape, use the clean valuation.



Dealership new scam, NADA #prestige #car #hire


#black book car values
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Dealership new scam. NADA/Blue book/black book value

Dealership new scam. NADA/Blue book/black book value

I was attempting to buy a car today. In my prior experiences, blue book was useless as their trade in value is always too high and no dealers would come close to it. Black book and NADA are much closer to what the cars would sell for (most banks use NADA to determine your max. loan value). Lately whenever I go into the dealership, they always seem to reference the blue book when it comes to the value. Of course when I went to the dealership today, they offered me what the blue book offered (on the extreme low side, but whatever). What I don’t understand is why the sudden change? I also don’t understand how the blue book is actually lower than the black book/NADA (retail value is higher though). Upon more comparison between the three, i noticed KBB has the lowest trade in value while one of the higher in retail value. I don’t know if they are just being conservative or the dealers got to them and started getting them to change their numbers since a lot of consumers were using that number. What do you guys think?



Buy Nada Guides Used Cars Guide Blue Book at Auto Lemon – Used Car History Check #car #rental #germany


#nada used car values
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NADA Guides Book Reviews:

Editorial Reviews on Nada Official Used Car Guide

Buying or selling a used car or truck?

Consult the recognized authority to determine its fair market value PLUS, receive a 20% discount on Vehicle History Reports when you purchase the NADA Guide!

The NADA Official Used Car Guide continues to be the automotive industry s primary source for determining the value of used cars, trucks, SUV s and minivans. It s used by more car dealers, insurance agents, bankers and government agencies than any other guide.

Published four times annually since 1992, the Consumer Edition of the NADA Official Used Car Guide contains the following valuable information:

Trade-in value and two retail values for domestic and import vehicles manufactured between 1993 and 2003

Extensive options charts

Vehicle Identification Numbers

An acceptable mileage range chart

Vehicle weight information

Detailed explanation of value categories

Each copy of the Consumer Edition of the N.A.D.A. Official Used Car Guide also contains a coupon a Vehicle History Report . which provides you a detailed history on almost every vehicle. And only AutoCheck gives you a AutoCheck Buyback Protection guarantee. (See book for details.) –This text refers to the Paperback edition.

Product Details

  • Paperback: 458 pages
  • Publisher: Automotive Publications (July 1, 2005)
  • Language: English
  • ISBN: 1881406539
  • Product Dimensions: 5.3 x 3.4 x 0.7 inches
  • Shipping Weight: 3.8 ounces.


Nada cars book value #rebuildable #cars


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Nada cars book value

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Buy the NADA Official Older Used Car Guide. The most accurate vehicle pricing and specification information price guides for book values available Check KBB car price values when buying and selling new or used vehicles. Recognized by consumers and the automotive industry since 1926. The leading provider of used vehicle values for dealers, lenders, insurers and government organizations. Get current auction, trade-in, loan retail values. Find out what your car is worth. Get the Kelley Blue Book Value for your used car or trade-in vehicle. Get new car truck MSRP, invoice pricing. used certified pre-owned (CPO) trade-in and retail values for all makes and models. Buy NADA Appraisal Guides, price books. NADAguides CONNECT, NADAguides WindowLink and web service data subscription services. Visit Business Site. NADA Used Car Guide values and auction data for lenders and dealers, as well as insurance, government and other automotive professionals. NADA blue book car value – find vehicle information and prices on automobiles to make sure you get the cheapest deal on your next car. truck, SUV, or other vehicle. Lookup the blue book value on virtually any vehicle – find NADA prices. bluebook prices. and more to ensure you know the. Plus find related websites and information.



Used Cars Values Nada #car #point


#used car values nada
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used cars values nada

Latest new car prices, deals, used car values, dealer quotes CPO values. NADA Guides is the leader in vehicle pricing and vehicle information.Get new car truck MSRP, invoice pricing, used certified pre-owned (CPO) trade-in and retail values for all makes and models.NADA values for used car, truck, or SUV determine the proper NADA valuation for virtually any vehicle to ensure that you are making or getting a good deal.AutoTrader Once on AutoTrader s homepage, click on the Research Cars tab and then Used Cars. The AutoTrader offers car values as far back as 1981.Your comprehensive used car values and pricing guideline online, used car appraisal calculator, nada used car price guide, nada guide used carsVisit Business Site. NADA Used Car Guide values and auction data for lenders and dealers, as well as insurance, government and other automotive professionals.NADA s primary mission as the Voice of the Dealer is to advocate for dealers: to manufacturers, to Congress and the federal government, and to the media and the public.

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Latest new car prices, deals, used car values, dealer quotes CPO values. NADA Guides is the leader in vehicle pricing and vehicle information.

Get new car truck MSRP, invoice pricing, used certified pre-owned (CPO) trade-in and retail values for all makes and models.

NADA values for used car, truck, or SUV determine the proper NADA valuation for virtually any vehicle to ensure that you are making or getting a good deal.

AutoTrader Once on AutoTrader s homepage, click on the Research Cars tab and then Used Cars. The AutoTrader offers car values as far back as 1981.

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Used car values nada #guaranteed #car #finance


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You are here: Press Room 2011 Press Releases 2011 NADA Used Car Guide Adds VIN Scanner App to its Mobile Products

NADA Used Car Guide Adds VIN Scanner App to its Mobile Products

Free app integrates with NADA AppraisalPRO and NADA Online

McLEAN, Va. (Aug. 12, 2011) NADA Used Car Guide has added a vehicle identification number (VIN) barcode scanning app for mobile devices to help vehicle appraisers make fast and accurate decisions.

The new VIN scanner app, which is available for the iPhone, iPad 2 and Android, is free to download for subscribers of NADA Online and NADA AppraisalPRO.

The VIN barcode scanner simplifies the vehicle decoding process and allows users to look up NADA values for used cars, light trucks and commercial trucks quickly and accurately, says Mike Stanton, NADA vice president and chief operating officer of the NADA Used Car Guide.

NADA s mobile products also include features that make automatic value adjustments for mileage and accessories and can also integrate vehicle history reports.

For more information, visit www.nada.com/mobile or call (866) 974-NADA.

About the NADA Used Car Guide

NADA Used Car Guide, over its 78-year history, has earned the reputation as a leader in providing accurate and comprehensive vehicle valuation products, services and information to businesses worldwide. NADA collects and analyzes more than 1 million combined wholesale and retail auto-related transaction prices each month. NADA s guidebooks, auction data, analysis and data solutions offer automotive, financial, insurance and government professionals the timely information and reliable solutions they need to make better business decisions. For more information, visit www.nada.com/b2b .



Used car values nada #elephant #car #insurance


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You are here: Press Room 2012 Press Releases NADA: Used Car Prices in 2012 Set to Peak in April

NADA: Used Car Prices in 2012 Set to Peak in April

McLEAN, Va. (April 10, 2012) Trade-in values on used cars are expected to peak over the next few weeks, said Jonathan Banks, executive automotive analyst with the National Automobile Dealers Association (NADA) Used Car Guide.

While prices for all used-vehicle segments will remain stable over the next two months, compact and mid-size cars will appreciate in value and outpace other segments because of rising gasoline prices, shortage of inventory and strong consumer demand for fuel-efficient vehicles, Banks said.

Used values for the compact and mid-size car segments grew by an average of $300 or 2.6 percent from March to April, and values have grown by an average of $500 or 4.3 percent since the start of the year, according to the NADA Used Car Guide.

The most advantageous time this year to trade-in a used car will be April through May because values will be higher, Banks added.

Another factor that has contributed to the dramatic rise in used-vehicle prices over the past year has been an inventory shortage of popular models resulting from fewer off-lease vehicles returning to the market and fewer trade-ins.

The ongoing decline in the used-vehicle supply that began in 2009 has made it challenging for new-car dealers to consistently stock reliable, well-maintained used vehicles, Banks said. This means that dealers will be aggressive with trade-in offers for used vehicles that are in high consumer demand.

NADA estimates that the used supply of vehicles under five years in age has declined by 14 percent since 2009.

Clean, late-model used vehicles under six years old with reasonable mileage will command top dollar, Banks said.

The NADA Used Car Guide is forecasting that used-car prices will decline in June and the rate of decline will pick up over the second half of the year. Prices in June will be about 0.5 percent less compared to April; and July s prices will be about 1.5 percent less compared to April.

Over the past few years, the auto industry has gone through automaker bankruptcies and restructurings, a challenging economic environment and natural disasters which have resulted in significant seasonal volatility, Banks said. Last year, used vehicle prices remained high through July because of a new-vehicle shortage stemming from the natural disasters in Japan, which led to a spike in demand for used vehicles. This year, used-vehicle prices will return to a more normal seasonal pattern.

About the NADA Used Car Guide

Over a 79-year history, the NADA Used Car Guide has earned its reputation as the leading provider of accurate vehicle valuations and auction data. NADA offers a wide range of vehicle values, including those for used passenger car, light-duty and commercial truck, motorcycle, classic car and many more specialty vehicles. Available in a variety of delivery methods, NADA s products and services are used daily throughout the auto, finance, fleet-lease, government and insurance industries. For more information, visit www.nada.com/b2b .

The NADA Story

The NADA story began in 1917 when 30 auto dealers traveled to the nation s capital to convince Congress not to impose a luxury tax on the automobile. They successfully argued that the automobile is a necessity of American life, not a luxury. From that experience was born the National Automobile Dealers Association. Today, NADA represents nearly 16,000 new-car and -truck dealers, with 32,500 franchises, both domestic and international. For more information, visit www.nada.org .

Contact:



NADA Used Car Guide: Wholesale Prices Remain Strong in June #buy #and #sell #cars


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NADA Used Car Guide: Wholesale Prices Remain Strong in June

MORE INFO

MCLEAN, VA — July 15, 2014: Strong demand for used automobiles in June helped to keep NADA’s seasonally-adjusted used vehicle price index essentially unchanged at 126.4, according to the National Automobile Dealers Association (NADA) Used Car Guide’s July edition of Guidelines, a monthly report on new and used vehicle sales trends and price movement.

Prices of used vehicles up to eight years in age fell by 2.4% compared to May, a figure in line with NADA’s forecasted decline of 2-to-2.5%.

Lately, depreciation across segments has followed a familiar pattern, where declines for subcompact and mid-size cars overshadowed the overall market average, while losses for large pickups and SUVs were below the industry mean.

Subcompact and mid-size cars were the two biggest moving segments on the non-luxury side of the market; collectively the two fell by 3.1% in June. Over the past three months, prices for these two car segments have fallen by an average of 6.7%.

Overall, wholesale prices over the first half of the year were stronger than what was recorded for the period last year, and as a result, prices year-to-date are 2.8% higher than they were last year through June.

Prices for large pickups remain nearly 12% over last year’s level, and the segment continues to lead others by a wide margin. Year-to-date growth for large SUVs, mid-size utilities and vans has also been significant, with prices up by 5 7%.

NADA’s forecast for July and August has changed little from June’s edition of Guidelines. Depreciation is expected to slow to a rate of approximately 1% in July with car depreciation again outpacing that of trucks, especially on luxury models. Losses for cars are expected to exceed 1%, while truck depreciation is forecasted to be under this figure. Large pickup and SUV prices are anticipated to be flat-to-up slightly.



Nada car values – How to use Nada guides to get MAXIMUM trade-in dollars! #second #hand #cars #uk


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Nada Car Values

Nada Used Car Value

Learn to use Nada car values, Nada used car price guide to MAXIMIZE your trade-in value, research used cars with “Consumer Retail Edition” of Nada book is what this page is all about!

Nada stand for National Automobile Dealers Association. Nada Guides is another leading Used Car Valuation book you should get familiar with.

Depends on your physical location, and your local dealership’s preference. Some places used Nada book to determine Car Trade-In Value. they are different than Kelly blue book, you generally get HIGHER value for your trade than blue book value, so it’s in favor of you!

Nada car values information is OPEN to general public, unlike Black Book Value which is ONLY reserved for industry users like car dealers, financial institutions etc.

Nada car values guide is known for their BRIGHT orange color book that details:

* Average loan value

* Average trade-in value

* Average retail value

In different regions of the country. The numbers in the book reflect ACTUAL transactions at the dealerships.

Unless you are in the automotive industry, you wouldn’t be able to access the “The Official Used Car Guide” which is for dealer-only, thin pocket book published monthly.

However, there is a consumer retail edition of Nada used car price guide published quarterly, you can purchase through Online Book Store and research on used car market price in the United States.

Nada Used Car

Value Classification

Make sure you properly classify the car based on miles and options, conditions etc. Go to nadaguides.com and browse under Used Car section.

I’d like to remind you that even the values with NADA used card guide are very close to the dealer book value, this is still a guideline.

Be prepared to get a lower quote when you DO take your vehicle to a car dealership for Used Car Appraisal. Check out the used car valuation variables section to find out why you’re getting a low number than the book value.

If you are interested in knowing approximately how much is your car worth, go to NadaGuides.com and select the body style, vehicle make, year and model information etc for detailed pricing information.

Are you selling your car

to dealers or private parties?

If you are in the market of buying or selling your car with dealers or private parties. I strongly suggest you get a copy of

Nada Guide Consumer Retail Edition from Amazon Book Store. The book gives very clear instructions on how to determine the classification. Read it carefully so you don’t end up paying too much or selling for less.

One last thing I’d like to point out that you will see the loan value in the Nada used car pricing guide refers to what the bank will loan for the car.

Dealers know banks will only finance loan value. So the dealer will sell the car for loan PLUS X amount of dollars for ADDED PROFITS.

By having the Nada guide book in your hand, you are in a much better position to negotiated and WIN by the end.

Other Book Guide You May Not Know About

Did you know that dealers use Black Book to determine used car values and that’s the MOST common way to appraise used cars wholesale values.

If you live in Canada, used Canadian Black Book as the official guide.



Nada Blue Book #student #car #insurance


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Nada Blue Book

Nada Blue Book topics and related Used Car tips are reviewed below. If you are planning to buy or sell a Used Car to or from a Used Car dealer or individual, you should be aware of the basic process in determining the worth of the Used Car. This will help ensure you won’t be scammed and taken for granted by Used Car dealer experts.

  • What is the Used Car Blue Book Value?

The Used Car Blue Book value is a general term used in the Used Car-buying business. It means the worth or value of a Used Car. This vital blue book determines the price of what dealers are willing to pay for a Used Car.

  • Where Can You Find Nada Blue Book?

There are several main popular resources responsible for determining the value of your Used Car. The two most popular and most reputable are the Kelley Blue Book and the N.A.D.A. Appraisal Guides.

The Kelley Blue Book, which coined the term Blue Book, is the original source for determining the loan value on Used Cars. It has been providing Nada Blue Book information for more than 75 years.

The N.A.D.A. Appraisal Guides, founded in 1933, is also a very useful Blue Book that provides Used Car buyers a current review of the Used Car’s worth.

  • How Does the Nada Blue Book Factor the Value of a Used Car?

The Blue Book determines the price of a Used Car based on the make, the model and year. The guide also considers conditions, such as the current condition of the Used Car, mileage and other factors. The two big popular Blue Books are free for public use of their respective web sites. They provide easy to use calculators to help figure the fair value of a Used Car. Knowing the Blue Book value of a Used Car will help you in your search for an honest deal.

  • How To Determine the Amount You Should Spend on Buying a Used Car

If you’re considering buying a Used Car, you should first figure how much money you are able to spend. Consider the all additional incurred expenses such as the insurance when applying for a Used Car loan, extra tax, and purchasing of the Used Car title.

  • How Does the Blue Book Determine the Listed Used Car Value?

Many Used Car dealers and buyers make use of the Blue Book. Used Car auctions, private owners, rentals and fleets, franchised and independent dealers all rely the Used Car Blue Book to listings to determine the final retail or trade in price of the Used Car.

Used Car values are the product of a rigorous research process. Each process begins with examining the collected Used Car data which include the current economic conditions, the historical trends, seasonality, location and Used Car industry developments. The final suggested value reflects the most current reasonable selling price of a Used Car in the current Used Car marketplace.

Be a smart Used Car shopper and don’t get taken for a ride. Check with the Used Car Blue Book for helpful guidelines in your Used Car search.

Nada Blue Book Tips

If you are about to begin shopping for a Used Car or used recreational vehicle, then you need to know what its value is. If you don’t prepare yourself before you go shopping for a Used Car, then you are going to get taken for a ride, and it could be an expensive one. Knowing the Blue Book Values of the Used Car will make negotiating a final price fair for all parties.

Here are the top tips to make sure that you get a deal on your next Used Car:

Find out What Kind of Used Car You are Looking for

If you walk onto the lots or into the showrooms knowing exactly what you are looking for, you will be much less likely to get talked into a more expensive Used Car. All of the Used Car salesmen try to steer you to the more expensive models, that’s how they make a living. Know what you want and go get it and you’ll save money. Don’t look around and let yourself get talked into another Used Car that you know you can’t afford.

Always Shop Around for the Best Price On a Used Car

You should always look around for the best possible deal on the kind of Used Car that you want to purchase. This is the best way to get a deal that will save you time and money. With the money that you save, you will be able to get some accessories for your Used Car if you want.

Compare Used to New Used Car

Deternine if you really want to get a Used Car. Most Used Cars lose a major percent of their value as soon as you drive it off of the dealers lot or take it home. Your initial investment is immediately depreciated. By purchasing a slightly Used Car you will be able to get a Used Car that is almost new, but at a fraction of the cost.

Buying a Used Car is a major financial decision and it is one that you need to consider and plan for. This is the best way for you to get sound Used Car buying advice that will save some money all at once.



NADA Adds Certified Pre-Owned Values to Used Car Guide #buy #cars


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NADA Adds Certified Pre-Owned Values to ‘Used Car Guide’

MCLEAN, VA — Sept. 5, 2012 : The National Automobile Dealers Association Used Car Guide is now providing manufacturer-certified pre-owned (CPO) values for every qualified vehicle in its printed and electronic editions.

“We recognize the tremendous effort that manufacturers and new-car dealers have put into developing and raising consumer awareness of CPO programs,” said Mike Stanton. vice president and chief operating officer of the NADA Used Car Guide. “Our focus is to improve the accuracy of CPO values through NADA’s industry-leading data collection and analysis.”

CPO sales now encompass a larger percentage of overall retail sales of late-model used vehicles than ever before. Manufacturer CPO programs add value to a vehicle because mandatory inspections and extended warranties reduce the risk for used-vehicle buyers.

“New-car dealers and consumers as well as lenders now have — at the point of sale — a guide for the retail premium of a CPO vehicle under a manufacturer’s program,” Stanton added. “NADA’s CPO values will provide lenders with underwriting guidance for consumer loans associated with the growing number of used vehicles sold through manufacturer CPO programs.”

NADA estimates the CPO value by analyzing the sales records of both certified and non-certified vehicles. The analysis of the data is based on key drivers, such as vehicle age, individual CPO program requirements of multi-point inspections, depreciation rates, warranty extension, age and mileage.

The new CPO valuation complements NADA’s comprehensive collection of benchmark data for used vehicles.

About the NADA Used Car Guide

Over a 79-year history, the NADA Used Car Guide has earned its reputation as the leading provider of accurate vehicle valuations and auction data. NADA offers a wide range of vehicle values, including those for used passenger car, light-duty and commercial truck, motorcycle, classic car and many more specialty vehicles. Available in a variety of delivery methods, NADA’s products and services are used daily throughout the auto, finance, fleet-lease, government and insurance industries.



Kelley Blue Book vs. NADA Guides #vans #for #sale


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Kelley Blue Book vs. NADA Guides

For almost eighty years, NADA Guides and Kelley Blue Book have served as a guide for establishing price points, helping buyers and sellers fairly negotiate the value of new and used cars. Often recognized as the premiere publications in their industry, both guides can be counted on to provide unbiased facts and serve as an essential tool during the car buying process.

The trouble is that while both guide books are meant to help consumers and dealers establish value, there is often some discrepancy between the two sources. For instance, when used to calculate the value of the same vehicle with all the same specs, Kelley Blue Book and Nada Guides will often come up with two completely different numbers Leading many to wonder, “Which one is accurate?”

Comparing NADA and Kelley Blue Book

The discrepancy can be attributed to the simple fact that Kelley Blue Book and NADA Guides use two different methods for calculating value. In the most basic sense, Kelley places a large amount of emphasis on mileage, condition, features and popularity, while NADA tends to focus on the vehicle’s wholesale price (i.e. what the dealer paid for the vehicle).

But before we go too far into examining how the guides are different, let’s take a look at what the two guides have in common.

Similarities between Kelley Blue Book and NADA include:

  • Used by consumers and dealers
  • Include  values for cars, trucks, SUVs, and RVs
  • Updated regularly
  • Consumer focused

Despite these documented similarities, there any number of differences between the two sources, and determining which one to use can depend on your specific needs.

The Advantages of Kelley Blue Book

The origins of Kelley Blue Book date back more than eighty years, when a young car salesman from California, Les Kelley, began compiling a list of car prices as a tool for helping him evaluate vehicle value. Since those early beginnings, Kelley Blue book has become the go-to-choice among both dealers and consumers.

For the most part, Kelley Blue Book uses a standard set of criteria to calculate value:

  • Condition
  • Popularity
  • Warranty
  • Local market conditions

Using these criteria in conjunction with determining the condition of the actual vehicle (Excellent, Good, Fair and Poor), a barometer is established, allowing consumers to compare vehicles across dealerships or between private party sellers.

The advantage to using Kelley Blue is its consistency across markets, meaning you can compare the pricing of a dealer in Florida with one in Nevada.

The Advantages of NADA Guides

The history of NADA Guides dates back almost as far as Kelley Blue Book. First published in 1933, these guide books continue to be relied upon by hundreds of thousands of consumers and trade professionals across the country each year.

The criteria NADA uses to calculate the value of a vehicle includes:

  • Wholesale price
  • Local market demand
  • Real-time retail market prices

Keep in mind that NADA usually calculates a value that is higher than Kelley Blue Book. The reason for this is that NADA assumes the vehicle to be in relatively good condition – which in turn has earned Kelley Blue Book the reputation for more accurately reflecting the buyer’s objective.

The truth, however, is somewhere in the middle. Both guides can serve as a great starting point for negotiations. But, neither should be taken as the sole source of information. Instead, when used in conjunction with one another, NADA Guides and Kelley Blue Book can both be invaluable during the car buying and selling process.

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17 thoughts on Kelley Blue Book vs. NADA Guides

Helpful thank you. I ve found quite a discrepancy on a vehicle.

You say that NADA is usually higher than KBB. This is not true. I have been unable to find a single instance where NADA is not lower than KBB.

NADA is definately higher. My wife and I went to a dealer we ve bought vehicles from before. The blue book price on a 2004 nissan maxima with 137,800 miles on it was priced at 7988.00 using nada. This same vehicle using kelly bluebook came up 6819.00 retail. As you can see this is quite higher. That s over an $1100.00 difference.



How to Use NADA Blue Book Used Car Appraisal Guide #car #hire #comparison


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How to Use NADA Blue Book Used Car Appraisal Guide

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Go to the NADA Guides website at nadaguides.com. From the homepage, click “Start Here” next to “Get New and Used Car Pricing.”

Enter a ZIP code where the vehicle is located and then click “Continue.” Click on the vehicle model from the provided list.

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How to Appraise a Used Harley Davidson Motorcycle. Get price guides on used Harley Davidson motorcycles through NADA Guides (see Resources.



How To Use The NADA Guide for Determining Automobile Values – Car Valuation Tips #used #car #king


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How To Use The NADA Guide for Determining Automobile Values

April 3, 2014 September 29, 2015 Berenice

The primary organization which caters to car pricing for both secondhand and brand-new vehicles is the NADA. or the National Automobile Dealers Association.With the guide, in its printed issues and website, consumers are able to determine accurate car values, and of course, it guides potential buyers on coming up with a good estimate on a car that they’re planning to check out and buy. Whether you’re planning to purchase a classic, vintage, or a brand-new car, the NADA guide is a good place to start as reference when it comes to accurate car values.

All you have to do is log on to the NADA website, nadaguides.com. The site shall provide you important links to the three big branches of the organization. These are the Dealer’s, Consumer’s and Business associations.

Get to know the services of each aspect so you won’t get lost in translation as you navigate through the site.

Click the ‘Consumer’ tab so you will be navigated to car values. This tab will lead you to the consumer-related page, which offers various estimates for used and new cars that are put up for sale.

You can also get preliminary appraisals from this part of the website for the car that you own and you’re planning to put up for sale.

On the Business section, you can download the software, e-Valuator. This gives you an in-depth, updated guide to present car value trends. Before doing this, you have to subscribe first to the NADA online to get the installer for the e-Valuator.

If you are in tune for prices of cars that somehow resemble to what you have in hand, go back to the Consumer category and click on the ‘Car Prices’ tab.

Scan and skim these prices so you’ll get a head start on  your car’s nearest accurate value. Some of the most important factors to consider than can affect your car’s market value is the level of body damage if there is any, mileage, and its actual selling price of course.

If you want a price guide exclusively for your own use, you can purchase the NADA price guide. There’s a link that will navigate you to it and since it’s available online, it’s updated accordingly. Subscribers of the NADA guide get an update for their purchase once a month. When you pay for subscription, you get ‘dealer only’ privileges on other vehicle types such as trucks, RVs, vintage cars, and even farm equipment.

You should also be aware that even if the NADA guides that are available online in standard form can cater to your assessment needs but the standard free subscription does not have all the updates that an exclusive subscription has to offer. For instance, if you had your car customized, its value may be higher than its regular price. The NADA guide is going to provide you with a sizable estimate, but if you want an accurate estimate, the expertise of a trained car appraiser is needed.

Determining the trade in value car through the NADA Guide

Aside from determining the potential market value of your car, the NADA guide can also come up with your car’s trade-in value. If you have plans to purchase a new car and you have to come up with the money to buy it before you do, then you can get hold of the NADA valuation tool to assess the actual value of your car.

Here’s an easy guide on how to use the NADA pricing system so you can use it appropriately for trade-in transactions.

Log on to the NADA website, and click on the tab for ‘New and Used Car Pricing’.

This is the consumer category of the site. On the Car Research section, select the ‘New and Used Car Center’.

Type in the make and year of your car, or you can choose these aspects from the tray of choices.

Determine the trim and model of your car. Provide as many details as you can so that the website can accurately provide you with what you’re really looking for.

For starters, a car’s trim is its style, so NADA will determine all the standard accessories and features for your particular model. Type up the car’s mileage and tick all the equipment choices that are available for your model.

Sure enough, the pricing website preselects these choices because they are standard points, but as the owner of a car, you should also update your listing with additional options if necessary. Select ‘Continue’ and you’ll be directed to the free trade in report. There are four values that are provided for this category.

The trade-in report offers a car’s retail value and its standard market value depending on the present condition of the vehicle. These categories include clean, rough, and average. If you know that your car is badly used and appears old but still safely functional, then use the rough value.

Use the average and clean values if your car looks better. It is imperative that you compare notes from the NADA guide, Kelley Blue Book. and the Edmunds car values that are available online just like the NADA pricing. These three sites and authorities are considered to be the most reliable when it comes to determining car price values.



Buy Nada Guides Used Cars Guide Blue Book at Auto Lemon – Used Car History Check #car #hire #portugal


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NADA Guides Book Reviews:

Editorial Reviews on Nada Official Used Car Guide

Buying or selling a used car or truck?

Consult the recognized authority to determine its fair market value PLUS, receive a 20% discount on Vehicle History Reports when you purchase the NADA Guide!

The NADA Official Used Car Guide continues to be the automotive industry s primary source for determining the value of used cars, trucks, SUV s and minivans. It s used by more car dealers, insurance agents, bankers and government agencies than any other guide.

Published four times annually since 1992, the Consumer Edition of the NADA Official Used Car Guide contains the following valuable information:

Trade-in value and two retail values for domestic and import vehicles manufactured between 1993 and 2003

Extensive options charts

Vehicle Identification Numbers

An acceptable mileage range chart

Vehicle weight information

Detailed explanation of value categories

Each copy of the Consumer Edition of the N.A.D.A. Official Used Car Guide also contains a coupon a Vehicle History Report . which provides you a detailed history on almost every vehicle. And only AutoCheck gives you a AutoCheck Buyback Protection guarantee. (See book for details.) –This text refers to the Paperback edition.

Product Details

  • Paperback: 458 pages
  • Publisher: Automotive Publications (July 1, 2005)
  • Language: English
  • ISBN: 1881406539
  • Product Dimensions: 5.3 x 3.4 x 0.7 inches
  • Shipping Weight: 3.8 ounces.


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Latest new car prices, deals, used car values, dealer quotes CPO values. NADA Guides is the leader in vehicle pricing and vehicle information.

Get new car truck MSRP, invoice pricing, used certified pre-owned (CPO) trade-in and retail values for all makes and models.

NADA values for used car, truck, or SUV determine the proper NADA valuation for virtually any vehicle to ensure that you are making or getting a good deal.

AutoTrader Once on AutoTrader s homepage, click on the Research Cars tab and then Used Cars. The AutoTrader offers car values as far back as 1981.

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