![]() ![]() NADA does not provide a private party value. Pricing Classifications: KBB provides private party value, trade-in value, suggested retail value, and certified pre -owned ( CPO ) value, while NADA provides trade-in values, retail value, and CPO values.Different Conditions: NADA vehicle values are generally higher because they assume the car is in good condition, while KBB asks specific questions about the car’s condition.Data Collection: KBB gets their data from car auctions, used car sales from auto dealers, fleets, manufacturers, and private party sales to determine pricing while NADA uses wholesale transactions, dealership sales transactions, and pricing from websites like Autotrader.Methods of Assessing Value: NADA focuses on a vehicle’s wholesale price, while KBB looks at condition, mileage, warranty and local market conditions.NADA and KBB also have some key differences in determining car pricing : #Nada black book updateConstantly Updated: NADA and KBB reflect current market trends and constantly update their pricing information.KBB provides a fair market range, while NADA provides three values based on the condition of your trade-in. Range of Values: Both NADA and KBB provide multiple values for trade-ins.Multiple Price Options: NADA and KBB each provide trade-in values and retail values. ![]()
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