KELLY BLUE BOOK New & Used Car Prices
Kellys Blue Car Book Price
If you're looking to buy a car, most probably you would first visit a used-car dealer's lot. Once you've found the car that you really like, the next thing for you to do is to calculate how much you are willing to actually pay for the car. You should only be willing to purchase the used car you're interested in only at a fair and reasonable price as suggested by Kellys Blue Book.
Once the used-car dealer knows that you are quite interested in a particular used car, he would show you what the price is as published by the KellyBlueBook car price guide. (The Kellys Blue Book prints more than a single price guide for used cars, according to Edmunds, one of the Internet's most popular car website. But the used car dealer would most possibly only use the "Kelly Blue Book Auto Market Report Guide." This is the version of the KellyBlueBook that is sold to dealers by the Kelley company.)
You should be aware that the car dealer will simply tell you that the asking price of the used car you're buying is much lower than what the blue book kelly is suggesting. Furthermore, the auto dealer will present to you the value of the used car that you want in the KellyBlueBook. The negotiation would be led by the car dealer by informing you rather explicitly that you are getting the best car deal and that you have nothing to worry about as his asking price for the used car is quite reasonable and fair. In other words, the dealer will let you believe that his offer is the best you can get for a car deal.
But you would surely be surprised to discover that such a deal is not always the best, or even a fair one. This is specially true if you are new to the used-car buying and negotiating game. As you become more experience in this matter, you would know that the price for the used car as listed on the KellyBlueBook is actually only an estimated price. Others also call it the "suggested retail value." The price list in the Blue Book only represents Kelley's estimated dealer asking price. The asking price may usually be notably higher than the selling price and that the actual selling price may still be different. There is still great possibility that you may pay a lot less than the actual asking price.
Now what is the best thing for you to do? For one thing, never ask the used-car dealer what price Kellys Blue Book thinks dealers are asking for the car that you are planning to purchase. Rather, ask your car dealer to tell you at what price the car is actually being sold for by other dealers.