Kelley Blue Book® Values

Kelley Blue Book
What do the ranges displayed on the Kelley Blue Book Suggested Retail Values page represent?
The ranges shown on the Blue Book Suggested Retail Values page represent a range of vehicles from least-expensive "base" vehicles (with no optional equipment) to the most-expensive "fully loaded" vehicles — vehicles featuring top-of-the-line engine and transmission packages, as well as every available option.

What do the Blue Book condition ratings mean?
Kelley rates the condition of used vehicles using the following terms:

“Excellent” condition means that the vehicle looks new, is in excellent mechanical condition and needs no reconditioning. This vehicle has never had any paint or body work and is free of rust. The vehicle has a clean Title History and will pass a smog and safety inspection. The engine compartment is clean, with no fluid leaks and is free of any wear or visible defects. The vehicle also has complete and verifiable service records. Less than 5% of all used vehicles fall into this category.

“Good” condition means that the vehicle is free of any major defects. This vehicle has a clean Title History, the paint, body and interior have only minor (if any) blemishes, and there are no major mechanical problems. There should be little or no rust on this vehicle. The tires match and have substantial tread wear left. A “good” vehicle will need some reconditioning to be sold at retail. Most consumer owned vehicles fall into this category.

“Fair” condition means that the vehicle has some mechanical or cosmetic defects and needs servicing but is still in reasonable running condition. This vehicle has a clean Title History, the paint, body and/or interior need work performed by a professional. The tires may need to be replaced. There may be some repairable rust damage.

“Poor” condition means that the vehicle has severe mechanical and/or cosmetic defects and is in poor running condition. The vehicle may have problems that cannot be readily fixed such as a damaged frame or a rusted-through body. A vehicle with a branded title (salvage, flood, etc.) or unsubstantiated mileage is considered “poor.” A vehicle in poor condition may require an independent appraisal to determine its value.

What if my car is part Good condition and part Fair condition?
How you rate the overall condition is a judgment call, and only you can make that determination. Try to look at your car like you would if you were interested in buying it. The categories Excellent, Good and Fair are intended as a guide.

The car I plan to sell has air conditioning, but it's broken; do I still check the box indicating the car has it?
Yes. But if a piece of equipment is not working you should take that into consideration when rating the vehicle's condition. Subtract the cost to repair or replace the equipment from its value. There are some exceptions: Any time the probable cost of repair exceeds the value of the option (anti-lock brakes are one example) you might not want to check the box.

Why do you show a luggage rack as optional equipment on my van, but not the ski rack I had installed on my car?
Kelley only values items that are either factory-installed or "factory quality." Kelley does not identify or value the vast variety of aftermarket items.

What about equipment on my car for which there is no check box?
The only equipment options Kelley shows are those that affect a Blue Book value.

How come my car year is not listed by Kelley Blue Book?
All models from 1986-2005 are part of Kelley Blue Book values.

How come my particular car model is not listed?
Depending on the year, a particular vehicle is either categorized as a model or as a trim. Sometimes automakers reorganize their models and trims from year to year. For example, Kelley classifies the 1987 BMW 325is as a 325is model; however, Kelley classifies the 1992 BMW 325is as a trim of the 3-Series model line. Sometimes choosing a similar model or trim name will help locate your vehicle within an automaker's model line.

What's the difference between the Trade-in value and the Blue Book wholesale value?
The trade-in values you see on this site are not the same as those published in Kelley Blue Book's trade editions. The trade editions are intended for use by the wholesale industry and represent vehicles that have been thoroughly reconditioned to manufacturer specifications, completely safety checked and warranted by the dealer. The value contained in the trade publications is widely used by dealers as a starting point to estimate a vehicle's value, depending on its condition.

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BB02 - 9/22/2014 3:27:57 AM