Quick Answer: What Is NADA Value??

The NADA car values are updated every month in book and online form.

Dealer NADA car values are different than the consumer car values they offer.

Average Trade-In – This value is an average value for your vehicle, or what is close to what a dealer might offer you for your trade.

What is the Blue Book value of my car?

The Kelley Blue Book® Private Party Value is the starting point for negotiation of a used-car sale between a private buyer and seller. This is an “as is” value that does not include any warranties. The final sales price depends on the car’s actual condition and local market factors.

What is my trade in value?

Trade-In Value is the price a dealer would offer for a consumer’s vehicle to apply toward the purchase of another car in the dealer’s inventory. The trade-in value is more closely aligned with the auction wholesale value, meaning what the car would sell for at an auction to interested retailers.

How do I find the fair market value of my car?

To determine the fair market value of a vehicle, use a website like Edmunds or Kelley Blue Book. Navigate to the main page, then click the tab or icon that says “Price My Car” or something similar. Next, enter the year and model of your vehicle, the car’s mileage, and your zip code or city name.

Photo in the article by “Flickr” https://www.flickr.com/photos/8985668@N03/6525096665