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How exactly does Kelley Blue Book gather data on?
Asked by unknown
1 Answers
Kelley assesses the following values: private party value, trade-in value, suggested retail value, and certified pre-owned (CPO) value. Kelley determines Blue Book values by analyzing pricing information from real-world used car prices, as well as industry developments, economic conditions, and location.
What is a blue book?
Asked by unknown
1 Answers
A blue book is a collection of prices quoted for different models of used and new vehicles. Originally, these values were available only for people in the automotive industry to check and refer to. Thankfully now, any buyer or seller can check the blue book value before buying or selling pre-owned motorbikes, cars, and other commercial vehicles.
How do these organizations calculate mileage usage?
Asked by unknown
1 Answers
These organizations have something called the accepted mileage range. This is a calculation of how much your vehicle would have run depending on normal usage. This value is also calculated based on data collected and their averages.