Edmunds Answers

Answers

  • Stever@Edmunds 04/13/10 6:53 pm PST

    Kelley is a dealer service and Edmunds exists for consumers.

    With KBB you get dealer asking prices.

    Edmunds TMV numbers are based on actual transactions.

    What is the "Kelley Blue Book" Price?

  • knowledgepower 04/14/10 12:20 am PST

    KBB or Kelley Blue Book is what dealers use when they want to show customers an inflated market value of a used vehicle,preferably them showing you their vehicle's value to justify their selling price. Edmunds used to use a comparison that was lower than KBB numbers and was close to true market value. Now their website directs you to NADA which is also a great guide and sometimes used by the banks, finance companies, and insurance companies. If you want to really mix it up used car dealers and vehicle wholesalers use the Black Book published by Hearst when determining their vehicle values.

  • Stever@Edmunds 04/14/10 1:54 am PST

    Huh? Edmunds has no affilitation with NADA. Where did you hear that?

    NADA is known for being inflated too. That's why your banker uses it (can justify a larger loan) and why your state government may use it too (can justify more taxes).

    Source: http://www.edmunds.com/help/about/profi
    l...

  • mpristas 04/04/13 12:11 pm PST

    Edmunds is the only reliable consumer source for used automobile pricing in the US. If there is another one please let me know. Their pricing guide is based on actual transactions that take place throughout the US in the used car market and is updated monthly. It is the car buyers best friend. There was a time when Kelly Blue Book was an objective source. That is no longer the case. They were acquired by the Auto Trader Group in October 2010 and the ownership is now comprised of automobile dealers. Shortly after the acquisition I noticed an across the board increase of more than 20% for all automobiles. At the time I was looking for a specific vehicle and had printed out a KBB report prior to the change. A few days later the price of the car jumped 25% on KBB. My friends, if you are looking to buy a used vehicle make sure you use the edmunds.com pricing tool. Print out a copy when you go to see the car. Use it to negotiate your best price. If the dealer or seller refuses to acknowledge it then find another source for your car. Some of the car pricing in KBB today is 50% higher than Edmunds especially on older, quality vehicles like Hondas and Toyotas!

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Top Car Values Experts View More

Rank Leader Points
1. MrShift@Edmunds 1900
2. Stever@Edmunds 1175
3. morin2 925
4. karjunkie 890
5. texases 660
6. knowledgepower 625
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