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Classic KBB, also known as the Kelley Blue Book, is a trusted resource for car buyers and sellers. It provides information on the value of new and used vehicles, as well as reviews and ratings for various models. In this article, we will discuss everything you need to know about Classic KBB, including its history, how it works, and how to use it to your advantage.
The History of Classic KBB
The Kelley Blue Book was first published in 1926 by Les Kelley, a car dealer in Los Angeles. At the time, the book was called the Blue Book of Motor Car Values and provided a list of prices for cars that were being sold at auction. Over time, the book expanded to include retail values for new and used cars, as well as reviews and ratings for various models.
How Classic KBB Works
Classic KBB uses a proprietary algorithm to determine the value of a vehicle. This algorithm takes into account factors such as the make and model of the car, its age, its condition, and its mileage. The algorithm also takes into account regional differences in pricing, so the value of a car in one area may be different than the value of the same car in another area.
Using Classic KBB to Your Advantage
There are several ways you can use Classic KBB to your advantage. If you are buying a car, you can use the website to determine the fair market value of the car you are interested in. This can help you negotiate a better price with the seller. If you are selling a car, you can use Classic KBB to determine the value of your car before setting a price. This can help you avoid overpricing or underpricing your car.
Classic KBB vs. Edmunds
Classic KBB is not the only resource for car buyers and sellers. Another popular resource is Edmunds, which provides similar information on the value of new and used cars. The main difference between the two is that Classic KBB is more focused on the consumer market, while Edmunds is more focused on the dealer market.
Conclusion
Classic KBB is a valuable resource for car buyers and sellers. It provides accurate information on the value of new and used cars, as well as reviews and ratings for various models. By using Classic KBB to your advantage, you can save money when buying a car and get a fair price when selling a car.