"Kelley Blue Book is an Irvine, California-based vehicle evaluation as well as automotive research study firm that is recognized by both customers and the automobile industry. The firm is owned by the Cox Automotive subsidiary of Cox Enterprises.
The company reports market value rates for brand-new and secondhand autos of all kinds, in addition to motorcycles, snowmobiles and also personal boat. For both new and also previously owned automobiles, Kelley Directory provides a Fair Market Array and also Fair Acquisition Cost, based on actual deals of what others are spending for a car as well as changed on a regular basis as market problems alter. For new autos, Kelley Directory also gives information concerning an automobile's MSRP as well as dealer invoice cost. For utilized autos, Kelley Blue Book supplies normal listing cost, licensed secondhand price, trade-in worth and also private celebration worth. Kelley Directory additionally provides specialist and also consumer lorry testimonials and scores, as well as 5-Year Expense to Very own details for brand-new cars and trucks"