"Kelley Blue Book is an Irvine, California-based vehicle evaluation and also automotive research firm that is acknowledged by both consumers as well as the auto market. The company is owned by the Cox Automotive subsidiary of Cox Enterprises.
The firm reports market value costs for new as well as previously owned automobiles of all kinds, as well as motorbikes, snow sleds as well as individual watercraft. For both brand-new and previously owned autos, Kelley Directory supplies a Fair Market Range and also Fair Acquisition Cost, based upon real transactions of what others are spending for a car and also changed frequently as market problems change. For brand-new autos, Kelley Blue Book also gives info concerning an auto's MSRP and supplier invoice price. For utilized cars and trucks, Kelley Blue Book supplies normal listing cost, accredited pre-owned cost, trade-in value as well as personal celebration worth. Kelley Blue Book additionally supplies specialist and also consumer car testimonials and scores, as well as 5-Year Expense to Own details for new vehicles"