How do the Kelley Blue book, Used Car pricing services, determine the prices of used cars?
Chris.
Every used car has a “Blue Book” price, and depending on the wear/tear on the car, can have a low/medium/high value. How do they get this information?
Every used car has a “Blue Book” price, and depending on the wear/tear on the car, can have a low/medium/high value. How do they get this information?
October 26th, 2007 at 11:01 pm
By mileage, options, year, model, and condition
October 30th, 2007 at 8:58 am
Through sample surveys and research with dealers and individuals. They then look at historical selling patterns and calculate a price range. Basically they conduct an ongoing market analysis of the car market.
October 30th, 2007 at 4:16 pm
By years of being in the business.