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KBB Used Car Values

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What these Types mean

Kelley Blue Book® Trade-in Value

The Kelley Blue Book® Trade-in Value is Kelley Blue Book's estimate of what a consumer can expect to receive from a dealer for a trade-in vehicle assuming an accurate appraisal of condition. This value will likely be less than the Kelley Blue Book® Private Party Value because the reselling dealer incurs the cost of safety inspections, reconditioning and other costs of doing business.

Kelley Blue Book® Private Party Value

This 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 price depends on the car’s actual condition and local market factors.

Kelley Blue Book® Typical Listing Price

Formerly known as Suggested Retail Price, the Kelley Blue Book® Typical Listing Price is representative of dealers’ asking prices for a used car. It assumes that the vehicle has been fully reconditioned and has a clean title history. This price also takes into account the dealers’ profit, costs for advertising, sales commissions and other costs of doing business. The final sale price will likely be less, depending on the car’s actual condition, popularity, type of warranty offered and local market factors. In other words, it's the price you should expect a dealer to ask - not always the price you should pay.

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About Kelley Blue Book If you're searching for used car pricing information, then you'll want to use the most trusted source in the car business: Kelley Blue Book. The Blue Book® is the vehicle information resource used by consumers and the automobile industry to establish price guidelines. Since 1926, new and used car buyers and sellers have relied upon Kelley Blue Book for authoritative and unbiased information to make well-informed car, truck and SUV buying decisions. Kelley Blue Book reports used car values for a variety of buying and selling transactions: trading in your automobile to a dealer, buying a used car from a dealer, buying a used car from a private party and selling your used car to a private party. Blue Book used car values are determined by taking into consideration the equipment and options on the automobile, the vehicle's mileage, the condition of the automobile and the geographic area where the car has been driven.

Kelley Blue Book® and Blue Book® are registered trademarks of Kelley Blue Book Co., Inc.