Are you a New Holland, Lancaster, or Lititz, PA, driver looking for an accurate estimate of how much your car is worth so you can sell it or trade it in? If so, then you're likely aware that Kelley Blue Book and NADA (National Automobile Dealers Association) Guides are two of the most trusted resources available.
Because our New Holland Auto Group team is dedicated to providing our neighbors in the region with support when it comes to all their automotive needs, we've compiled this quick look at what these services have to offer. Read this Kelley Blue Book vs. NADA Guides comparison to find out which one might be the better option to use as you begin your process.
Similarities Between Kelley Blue Book and NADA Guides
Both resources take a lot of the same factors into consideration. When it comes to the vehicle itself, they each look at mileage, condition, MSRP (manufacturer's suggested retail price), the invoice, and which extra features are offered. Other aspects include the market area, economic conditions, and supply and demand. As you can see, NADA Guides and Kelley Blue Book are comprehensive in terms of determining a car's value.
How NADA Guides Sets Itself Apart
In addition to the above criteria, NADA Guides also consider pricing information from automotive websites, auction houses, and dealership sales. Their values don't only cover sedans, SUVs, and trucks. They also deal with motorcycles, boats, RVs, campers, and trailers.
With NADA Guides, vehicles are placed into different classes to make it easier to locate. These include Rough Trade-in, Average Trade-in, and Clean Trade-in.
The Kelley Blue Book Difference
While similar to NADA Guides, Kelley Blue Book also generates its values using predictive analytics, industry analysis, field analysis, and 250 data sources.
All this calculating doesn't stop there! Kelley Blue Book also looks at the current automotive market, pricing throughout the country, values in specific regions, and seasonal pricing changes to get a value that's as accurate and up to date as possible.
Blue Book vs NADA Guides: Which One Will You Choose?
While these two services go about it in slightly different ways, Kelley Blue Book and NADA Guides provide car owners with reliable estimates that allow them to sell or trade their vehicles for a price with which they can be comfortable.
Have you decided whether you'll go with Kelley Blue Book or NADA Guides? The choice is yours! After you've utilized the one that suits your preferences, contact our team here at New Holland Auto Group, serving Lititz, Lancaster, and New Holland, Pennsylvania. We can help you conclude the process of selling or trading your set of wheels. You can be confident that you'll receive a fair offer from us as well as plenty of support from our expert team along the way. Contact us today to schedule a convenient day and time to stop by and pay us a visit.