How to Use a Used Car Resale Price Book

If you want to buy used cars, you’ve got to learn how to use used car price books. They could be any type of book, from the NADA guide, to the famous Kelley Blue Book.

Such books are a necessity, since they’re a standard reference for all used and new cars within the industry. If your car gets damaged, be sure that your insurance company will reference one of those guides to decide on the compensation for your accident. But while there are many places that do provide good information and price rates on cars, the most trusted references are the NADA Guide and the Kelley Blue Book.

Kelley Blue Book

This is the most famous price guide known in car markets. This is because of how old the price guide is, dating all way back to the 60s of the past century. There, you can check prices by entering differing parameters, selecting car conditions, and checking level of trim. Also, the KBB guide lets you see retail and trade-in values.

The guide provides information for both new and used cars. Also, it has

other functions, such as useful articles on selling and buying cars. It also has a navigation system that lets you find close by dealers. Finally, they also supply ads for dealers and private parties buying or selling cars.

You can use this guide for free, and you’ll get correct values of your car to the finest detail. Regardless, do note that since this guide provides used prices, you will not receive 100% accuracy for a market price.

NADA Guides

This price guide is called “The National Automobile Dealers Association.” It’s an easy to use guide, where the website is quite

comprehensive with its search options. There, you’ll get good information for used car price tags. The information you receive can be done by entering different parameters, where you can search by model, year, and even different body styles!

You can also search based on car conditions and differing trim levels. All of those factors narrow down your wanted car’s price into an accurate range for proper assessment. Also, after entering all information, you

will receive retail, private sale, and trade-in values.

Finally, if you like to do offline searches, you can always buy the NADA used car price guides!

CARFAX

This price guide’s use is free. You don’t pay a dime to search information. Regardless, this guide is best used if you know the Vehicle Identification Number (VIN) of the car you’re searching. This is because CARFAX is a report website, which provides vehicle specific information. It tries its best to be accurate in the parameters you enter, which lets you see all features and problems of a car. It allows you to be wary of any car before purchase.

Do note though that some cars on CARFAX have problems that are not reported by shops that work on them. As a result, you may not get all the information you need at a glance, when looking at car defects.

Edmunds

This search system will aid you in finding cars you want, in the conditions that you specify. Thus Edmund’s isn’t just a price guide, it’s more of a resource for buyers. This guide will help you find good estimates for cars you want, and fast!