http://www.carpoolbg.com/cars-blue-book-value/
Do appriasers look at the kelly blue book value of retail value or personal sale value?
When I go to the Kelly blue book website there is am option to see what the car is worth under retail value or personal sale value. If my car (which is basically totled) is being appraised by an insurance company which figure do they go by?
If your vehicle was totaled, they will not even fire up a computer to look at kbb.com. They will value the vehicle based on the NADA retail loan value.
Kelly Blue Book is not used by dealerships and is a very misleading website. It’s easy to tell someone their car is worth $14,000 when it’s only really worth $11,000 if you don’t have to stand behind the claim, nor write a check.
Although neither black book nor NADA buy vehicles, they give realistic values to help consumers get a better understanding of what their car is really worth in the market place. I hope this helps.
Acura TL Video Review – Kelley Blue Book
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