How to Use the KBB Car Values Tool

June 20th, 2016 by

2020 Honda CR-V Driving on Highway

For decades, Kelley Blue Book (KBB) has been one of the most trusted sources when it comes to determining car values. It is a great resource for both general consumers and dealers. If you’re looking to find how much a car is worth, the KBB Car Values online tool is a great place to start.

You can use this tool to find out how much you should pay for a brand new car, what you should pay for a used car, or even how much your current car is worth. To start, select the year, make, model, and mileage (if it’s used) of the car you’re considering. Next, choose the body style and trim level. Finally, select any options and—voila!—you’ll get the car’s value.

If you’re checking on your current car’s value, you can choose between its trade-in value and how much you could get by selling it yourself. This might help give you a good idea of what your best option would be and if it is worth the hassle of doing a private party sale.

When pricing a new car, KBB will give you what it calls the “Fair Market Range.” This is a price range that represents what other people are paying for similarly-equipped vehicles in your area.

By using the KBB Car Values tool, you will be in a great place when it comes to negotiating the trade-in price of your old car and settling on a price for your new car.

Visit us at Valley Honda to talk to someone about your trade-in – we’d be happy to help!

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