I am considering buying my son a used car and have looked both at the NADA and Kelley Blue Book. Kelley seems to be a lot more detailed in its questions but the value seems to be a lot lower (when comparing the NADA Average Value and the Kelley 3rd Party Sale value). Does anyone have an opinion on this? Am I missing something??

Thanks!

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1994 E320 Cab (mine)
2001 Chevy Suburban (wife's)
1995 BMW M3 (son's)
1989 Volvo 740 GL (extra car--for sale)

Which book to use depends on where you live. In California they use the KBB, here is CO it's the NADA. There is also what's known as a black book which I think they use in NC. There is also a Manheim Market Report, my favorite, but that's a dealer only subscription service.

If you're unsure I think the best is to use the NADA loan value. It seems to be the banking industries standard.

Is there really a black book? If so, do you know if there is a web site like there is for NADA and Kelley? I work for a bank and I though the black book was just a generic term for any used car valuation service.

Thanks!

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1994 E320 Cab (mine)
2001 Chevy Suburban (wife's)
1995 BMW M3 (son's)
1989 Volvo 740 GL (extra car--for sale)

There really is a "Black" book........it shows WHOLESALE prices. The "Blue" books shows RETAIL prices.

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Proud owner of ....
1971 280SE W108
1979 300SD W116
1983 300D W123
1975 Ironhead Sportster chopper
1987 GMC 3/4 ton 4X4 Diesel
1989 Honda Civic (Heavily modified)
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Section 609 MVAC Certified
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"He who fights with monsters might take care lest he thereby become a monster. And if you gaze for long into an abyss, the abyss gazes also into you." - Friedrich Nietzsche

i normally look at them all and use all the differnt prices... nothing is really how it seems so an ave. isn't a bad thing...

there is also a red book... you can google them all.. red book of course you'll have to try a bit harder....

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72 W114/M130

RedMeat cartoon

edmunds.com seems to slant toward the buyer in any catagory, and actually seems to indicate final selling prices on eBay better than kbb or nada. Just what I've seen, anyway.

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Thank You!
Fred
2009 ML350
2004 SL600
2004 SL500
1996 SL600
2002 SLK32
2005 CLK320 cabrio
2003 ML350
1997 C280 Sport

Yes and the black book is produced monthly and is zoned by area of the country.

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BENZ THERE DONE THAThttp://www.peachparts.com/shopforum/...c/progress.gif
15 VW Passat TDI
00 E420
98 E300 DT
97 E420 Donor Car - NEED PARTS? PM ME!
97 S500
97 E300D
86 Holden Jackaroo Turbo D
86 300SDL
(o\|/o)

I live in California, and my bank uses Kelley Blue Book for loan purposes.

However, I find that Kelley Blue Book prices are incredibly high. Everything sells for below KBB.

NADA prices are ridiculously high.

The Manheim pricing report is a pricing service for the cars that sell at the auctions throughout the country.

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Paul S.

2001 E430, Bourdeaux Red, Oyster interior.
79,200 miles.

1973 280SE 4.5, 170,000 miles. 568 Signal Red, Black MB Tex. "The Red Baron".