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What is the most accurate car valuation site?
HPI car valuation
An HPI car valuation provides the most accurate and reliable car valuation available. Not only is our service free, but we also give you more information than any other car valuation provider. If you’re looking for a used car value, then look no further than HPI valuations.
How do I find the fair market value of my car?
The final method for determining fair market value of the personal use of a vehicle is the Annual Lease Valuation method. In short, this method determines fair market value by multiplying the annual lease value of a vehicle by the percentage of personal miles driven in a given year.
What publication gives you the market value of your car?
Kelley Blue Book, or KBB for short, is an automotive shopping website. The company dates back to the late 1920s, when it published an actual blue book that dealerships referenced to provide car values and pricing information.
Do car dealers use NADA or Kelley Blue Book?
Kelley Blue Book and Edmunds are two of the most well known used car pricing guides in the United States. There is also another: NADA—but, NADA is usually used by banks or car dealers to show you an inflated price value. Therefore, you should never use NADA books for real references.
Is Autotrader valuation accurate?
Auto Trader used car valuations are the most accurate of any online provider, the company has claimed today. 73\% of consumer buyers expect Auto Trader to provide an accurate valuation for their car, compared with 34\% for WhatCar? and 15\% for WeBuyAnyCar, according to a survey undertaken in September 2014.
What website gives you car values?
Edmunds. Edmunds is a trusted website that gives you the true value of your used car in no time. To value your vehicle, it considers actual sale values, depreciation, your car’s condition, and local data.
What book value do car dealers use?
While Black Book is mostly used by dealers, Kelley Blue Book (Not spelled Kelly Blue Book without the “e”) is mostly used by individuals looking to trade in or sell their vehicles. Since 1926, Kelley Blue Book has been one of the best-known names in the auto industry.
What is Black Book value of my car?
The Black Book value is essentially the wholesale or auction value of a car. Black Book sources pricing data from both wholesale auctions and actual vehicle transactions from across the country. They update or validate their used car prices on a weekly basis.
Which is more accurate Kelley Blue Book or NADA?
KBB factors in the condition of the vehicle, local market conditions, and popularity of the vehicle, so their prices tend to be a lower than NADA. NADA values tend to lean higher because they assume cars are in good conditions. Insights can be gained from both values, but KBB looks at more factors.
Is Black Book value accurate?
Since Black Book valuations are largely based on the selling price of used cars at a wholesale auction, Black Book tends to be accurate in its evaluations. Dealerships will undoubtedly use Black Book to determine how much your trade-in is worth. Black Book is typically more conservative than other book values.