"Kelley Blue Book is an Irvine, California-based automobile appraisal and automotive research study company that is acknowledged by both customers and also the auto market. The business is owned by the Cox Automotive subsidiary of Cox Enterprises.
The firm reports market value prices for brand-new and previously owned vehicles of all types, as well as motorcycles, snowmobiles and also personal boat. For both new as well as used cars, Kelley Directory supplies a Fair Market Range and also Fair Acquisition Rate, based upon real transactions of what others are paying for an automobile as well as adjusted consistently as market problems alter. For brand-new cars, Kelley Blue Book additionally gives details regarding an auto's MSRP and supplier invoice rate. For utilized cars, Kelley Blue Book provides normal listing cost, licensed secondhand cost, trade-in worth and personal celebration value. Kelley Directory additionally offers expert and consumer lorry testimonials and scores, and 5-Year Cost to Own information for brand-new cars and trucks"