Is Kelley Blue Book Accurate?

Is Kelley Blue Book Accurate - Pollard Used Cars

When buying or selling a car, two questions we tend to ask are “how much is my car worth” and “how much should I be paying?” One of the sources to turn to is Kelley Blue Book. But should you take Kelley Blue Book’s word at face value?

Websites like Kelley Blue Book, Edmunds, and NADA have car value estimators that claim to give you an accurate estimate of how much your car is worth. These websites are a good starting point, as they’ll give you a ballpark number for your vehicle’s value. However, they shouldn’t be the only estimators you rely on.

While they provide estimates for your vehicle, it’s not a guarantee. Kelley Blue Book tracks prices of cars being bought and sold in order to determine the value of an identical car. However, this calculator does not account for the issue of supply and demand. The calculators also don’t consider the true condition of a car, which doesn’t always fall neatly into categories like “Excellent” or “Fair.”

In order to get the most accurate estimate of your auto’s worth, it’s best to get an additional opinion from a reputable dealership such as Pollard Used Cars. Visit us at your convenience so one of our experienced staff members can appraise your vehicle.

 

 

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