Kelly Blue book is a guide, and usually the prices are inflated compared to real world conditions. There is a saying in the business that "Mr. Book" has never written a check for a vehicle!
Most book values are based on information that is at least 2 weeks and sometimes several months old. The market can change rapidly, and the books do not reflect the most recent changes.
A dealer who pays KBB prices for cars will not be in business long! Most times it is hard to sell a car for KBB also.|||Yes....if you buy at a falsely deflated price and then sell at an inflated one, you generally make good money at it.|||Yes - that is why dealer's use KBB.
You should use True Market Value on www.edmunds.com.
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