Where to find the book value of a car
How to find out the Kelley Blue Book value of your vehicle | EZ Tips Ep44
today we're gonna talk about how to find
out the Kelley Blue Book value of your
vehicle
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the reason what we're making this
episode is because a lot of people get
these values wrong from Kelly Blue Book
they have the tools but they get the
values wrong and the reason is because
you have a lot of options a lot of trims
a lot of different stuff that you can
pick and it will change the value of
your vehicle so I'm going to show you
here real quick how to properly do it
and find out the proper value so you're
gonna go to Kelly Blue Book the app and
you're gonna select use you're gonna
pick the year of your of your vehicle so
let's say that I have a 2004 let's say
that I have a Jeep Wrangler and I have
the wrangler rubicon sport so you get
all the options all the trims and it is
extremely important that you select the
one you have you have to check all of
these things on your vehicle because
it's gonna change the value once you
pick the trim of your vehicle it's gonna
pop you to the options - and this - it's
gonna put a mileage I believe the
mileage that Kelley Blue Book uses is an
average considering the year of the
vehicle and the model of the vehicle so
make sure that you change it because
it's already giving you one so make sure
that you change it to your actual miles
so they say that my Jeep has 145
thousand miles all right so let's pick
the condition I think I took care of my
Jeep so I'm gonna leave it a good six
cylinder transmission super important if
you pick automatic and it's not an
automatic the price is gonna change a
lot four-wheel drive and all the options
so let's say I don't have power windows
on this Jeep
so on select this on select the power
windows I don't have cassette stuff like
that make sure you go over the options
that they're giving you and you actually
pick the the right for your vehicle the
the correct ones leather I don't have
leather let's say that it's a hardtop so
I select that I'd scroll all the way to
the bottom it's asking me for colors as
well look at this that's gonna be for
color so I'm gonna pick that I have a
green Jeep and that's it I go and I hit
apply this is gonna throw me to a
different page and here at the bottom
you can see it gives you the steps or
the the screens that you have so I just
passed the first screen and going to the
second screen now and I can scroll to
the next one I can scroll here values so
this is what I wanted to get to this is
the the actual thing that we were trying
to find out so the values I have four
different values which one should I use
the one that you're gonna use the pens
on what is it that you're trying to do
with the vehicle so you have the fair
purchase price this is the fair market
range this is market price CarGurus auto
trader all those platforms give you a
market price usually the market price
it's not the price for what you're going
to sell that vehicle the reason is
because us as dealerships and people and
all of the market it's trying to go
below market so that way you can sell
much faster you can get people
interested in the vehicle so usually
everyone tries to go under the market
value suggest the retail is actually
higher so it's giving you what you could
potentially sell that vehicle for its if
you can do it you can do it that's the
way I'm gonna put private party for a
good 2040
Wrangler this is the price that a
private party me if I want to sell a
vehicle that's the price that I could
sell it for that's the price if I want
to go to Facebook if I want to go sell
it to a friend if I want to go to
downtown and start talking to people I
have a jeep I have a Jeep that's the
price that you could sell it for now the
trade-in value for a good 2004 Jeep
Wrangler it's different it's lower the
reason is because trading you're traded
and in to a dealership or you're selling
it to a dealership which is a business
they're gonna take your car but they're
they have to resell that car so it's for
this 2004 Jeep the trading for in good
condition is a thousand and twenty four
dollars and if you see underneath it
also gives you a trading range the range
it's important as well because not every
jeep that has the options and the color
and the conditions that I'm telling the
application it's gonna be worth the same
every every used vehicle it's gonna be
different at the time that you're gonna
sell it so maybe mine it's gonna be
worth a little bit more than the trading
it's gonna be worth nine thousand
because I took such a good care of it
but maybe my friends it's gonna be seven
thousand so the trading price is the one
that you have to keep in mind if you're
going to a dealership because you wanna
know your prize you want to be able to
negotiate but you want to be able to
have the correct price because otherwise
if you get to a dealership and you in
your mind you're thinking that you're
gonna sell it for the 12,000 or the
11,000 you're gonna get there you're
gonna see a car that you like you're
gonna tell them hey I have these
straight in but I want 12,000 they're
not gonna give you that there's no way
that you can negotiate your way to that
because it's
unrealistic and you're just gonna be mad
so the best way for you is to really do
a good job when you're researching the
values on Kelly Blue Book the options
the trims the colors everything on your
specific car and once you have that
information trading value or private
party whatever you are deciding to do
with your vehicle take that information
and and go ahead and publish it or go to
the dealership
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