With so many people buying and selling used cars, it's important to find the market value for a car before making a transaction. No longer do used car buyers and sellers have to purchase the Kelley Blue book to get an accurate used car value. The Blue Book value is available online and for free. In addition to finding the used car value, car buyers can search the database and find a used car to test drive without having to go from dealership to dealership.
Instructions
- 1
Visit the Kelley blue book website and select the car year, make and model of the car you're interested in. Don't forget to include your zip code. Car prices vary depending on the area of the country in which they are being sold.
2Determine which value you wish to use. Kelley Blue Book provides three types of used car values, trade in, private party and suggested retail price. The Trade in value is used if you are selling your car to a dealership. The private party value pertains to buying a car from an individual and the suggested retail value is just that, a suggested value. It's usually the used car price at which the dealer negotiations begin.
3Know your vehicle. This sounds strange, but to get the most out of the Kelley Blue Book for your used car you will need to know detailed information. You must know the number of cylinders in the engine, whether its 2 or 4 wheel drive, type of transmission, mileage and of course all of the added features. Features include things like tilt steering wheel, alloy wheels, navigation system, dual front air bags and more. The more accurate your information, the more accurate your pricing will be.
4Compare the pricing. If you used the Kelley Blue Book suggested retail value, you should go back and get the used car pricing based on private party value and trade in value. Having all three price comparisons will make it easier for you to determine which option works best for you.
5Search for local listings. After comparing your prices, the Blue Book website provides a database of vehicles for sale that fit your pricing description.
6Review the CARFAX report. Many of the cars in the Kelley Blue Book online database provide a free condensed version of a CARFAX report. If you are truly interested in the vehicle, review and print the report prior to taking the car for a test drive.
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