![]() ![]() If you like our price, you can commit to a sale, get FREE towing and on-the-spot payment in just 24-48 hours. Our quotes are backed by a nationwide network of qualified junk car buyers who pay top dollar for less than perfect vehicles just like yours. With the online pricing tool at JunkCarMasters, you can answer a few quick questions about your vehicle and get a guaranteed instant quote in about as much time as it takes to find out your car’s Blue Book value. That’s why most dealers these days use Manheim Market Report, or the “Black Book.” This resource isn’t available to the public and quotes much more conservative prices on vehicles. Unfortunately, the KBB fair market value can give people false or unrealistic hopes about what their vehicle is worth. ![]() Regardless of whether your car is in working order, you’re trading in a non-moving vehicle, or you’re hoping to sell a salvaged automobile, you are hoping to get the best price possible at the end of the day. But even then, you’ll need to discount the cost of all the time and money spent listing your car and time spent waiting for a sale. Sometimes, using KBB Private Party Value will get you closer to a fair price for your vehicle. Of course, as you may already know, older cars and junk cars are seldom “very clean.” As a result, you’ll have to discount NADA pricing based on the expected costs for maintenance, repair, and detailing. This is primarily because it requires all trade-ins to be in “very clean” condition. ![]() Many in the industry find the NADA guide to be more accurate. The most popular alternative to Kelley’s Blue Book is the NADA guide, created for the National Automobile Dealers Association (NADA) to help with pricing trade-ins. Salvage title value is even worse, at roughly 50% of its Kelley Blue Book Value. A car might look great on the outside, but if it’s due for expensive maintenance or is known to become less reliable with age, local buyers just won’t be interested in paying anywhere near book value. That same truck in a big city like New York might be impossible to sell at the Blue Book value since parking would be a nightmare and most garages would turn you away.Īlso, the KBB fair market value doesn’t account for damage or repair costs. There’s plenty of demand for this kind of vehicle in the southeastern United States where it does double-duty as a work truck and weekend off-roader. Take, for example, a Dodge Ram crew cab 4×4 pickup truck. So, it’s not surprising that the Kelley Blue Book “fair market value” rarely holds up across the board. RealityĮvery car is different, and every location is a different market for vehicles. We are one of the nation’s largest junk car buying services. When it comes to selling an old car, JunkCarMasters puts you in the driver’s seat. We’ll never try to haggle over the price, and we’ll never pressure you to sell when you’re not ready. Our car valuation is a fair market offer based on condition, location, make, model and year. ![]() Here at JunkCarMasters, we’re the national experts at evaluating junk and damaged cars and getting you the best prices for them fast. Just click HERE to get your instant online quote today! It takes less than two minutes, there is no obligation to sell, and your quote is guaranteed if you choose to accept it. If you’re interested in finding out the real value of your vehicle, just use our online pricing tool to get an instant, no-hassle quote for your junk car, pickup truck, van, or SUV. Thus, it’s important to keep an open mind and have realistic expectations. According to one source, about 90% of used vehicles today are sold below their blue book values. Everything from location, condition, mileage, make, and model influence the KBB fair purchase price. In reality, there are a variety of factors that determine the difference between book value and market value. So, you might be surprised to hear that it’s not always accurate, especially when it comes to trading in a car with problems or determining the salvage value of a car. Most people consider Kelley’s Blue Book (KBB) to be the holy grail for valuing used automobiles. Are Blue Book Car Values Accurate on Junk Cars? ![]()
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