"Kelley Blue Book is an Irvine, California-based vehicle evaluation as well as automotive research study firm that is recognized by both consumers and also the automotive industry. The firm is had by the Cox Automotive subsidiary of Cox Enterprises.
The business reports market value costs for brand-new and used automobiles of all kinds, in addition to motorcycles, snow sleds as well as personal boat. For both brand-new as well as secondhand autos, Kelley Directory gives a Fair Market Range and also Fair Purchase Price, based on real transactions of what others are paying for a vehicle and also readjusted frequently as market problems transform. For brand-new automobiles, Kelley Directory additionally offers details about a car's MSRP and dealer invoice cost. For made use of cars and trucks, Kelley Blue Book offers normal listing cost, certified pre-owned cost, trade-in worth and also personal celebration worth. Kelley Blue Book also offers specialist and consumer automobile evaluations as well as rankings, and also 5-Year Expense to Own info for brand-new vehicles"