"Kelley Blue Book is an Irvine, California-based automobile appraisal as well as automotive research firm that is identified by both customers and also the automotive market. The company is had by the Cox Automotive subsidiary of Cox Enterprises.
The business reports market value rates for new as well as pre-owned automobiles of all kinds, along with motorbikes, snow sleds and personal watercraft. For both brand-new and secondhand automobiles, Kelley Blue Book offers a Fair Market Array and Fair Acquisition Cost, based upon actual transactions of what others are spending for a car and readjusted routinely as market problems alter. For brand-new vehicles, Kelley Directory additionally offers details regarding an automobile's MSRP and also dealership invoice rate. For made use of vehicles, Kelley Directory supplies typical listing price, accredited used cost, trade-in worth and also exclusive celebration worth. Kelley Blue Book additionally supplies professional and also consumer lorry evaluations as well as ratings, as well as 5-Year Cost to Own info for new cars and trucks"