Edmunds Used Car Values

The Edmunds used car values guide can be very useful if you want to sell or buy a car because it gives you an estimate about the real value of the vehicle. The used car prices generated by Edmunds are based on an extensive array of sources, including here the transactions done by the dealerships, private sell information as well as the depreciation costs.

Edmunds Used Car Values

If you haven’t used this guide before you should know that it divides the condition of the car in five different categories which can be of great aid to judge the price tag of a car through comparing it with other similar vehicles. Obviously, a salvage vehicle will sell for only a fraction of the price of a model which is in a mint condition. Many people refer to the Edmunds guide as being more comprehensive in comparison to the Kelley Blue Book (KBB).

The Edmunds used car values guide tries to provide its users with an overall average price for vehicles of a specific make, model, year of manufacturing and condition. This established average is inclusive of both private sellers and dealers. Usually, a private seller will sell his car for considerably less money than a dealership, so you should consider the Edmunds price guide as somewhere in between, which means that it lists prices which are a little bit higher in comparison to what you want to get from a car which will be sold privately.

Edmunds provides all of the data via its “True Market Value” pricing tools while the online True Market New Vehicle Calculator can provide the estimated average price that consumers are now paying when acquiring new cars. As for the True Market Value Used Vehicle Appraiser, this estimates the actual transaction prices for second hand cars that are bought & sold by private parties and dealers.

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