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How Does Kelley Blue Book Determine Car Value?

How Does Kelley Blue Book Determine Car Value?

If you’re in the market for a new car, or even just curious as to what your car may be worth, you’re probably going to go to this source: Kelley Blue Book. Car values as assessed by KBB are the standard for any American looking to buy or sell a car, but how are the values determined? Could you be saving money by looking for other information? Let’s take a look! KBB Values and Car Repairs? Are Repairs Worth It? When deciding whether or not to make a major repair on your vehicle KBB can be a great tool! Remember the decision you need to compare is the cost of repair versus the cost of the replacement that you would purchase. The resale value of your current vehicle has little to do with repair-vs.-replace decisions. Cars are one of the most widely recycled and reused consumer items. When purchasing a used vehicle keep in mind that the day before your engine / transmission / etc. went bad it was a good used vehicle...   How Are Car KBB Values Decided ... read more

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