How do the Kelley Blue book, Used Car pricing services, determine the prices of used cars?
Posted by admin | Posted in Car Prices Used | Posted on 16-10-2011-05-2008
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Question by Chris.: How do the Kelley Blue book, Used Car pricing services, determine the prices of used cars?
Every used car has a “Blue Book” price, and depending on the wear/tear on the car, can have a low/medium/high value. How do they get this information?
Best answer:
Answer by cumminsdieselfreak
By mileage, options, year, model, and condition
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Through sample surveys and research with dealers and individuals. They then look at historical selling patterns and calculate a price range. Basically they conduct an ongoing market analysis of the car market.
By years of being in the business.