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How do the Kelley Blue book, Used Car pricing services, determine the prices of used cars?

Sep 29, 2007 by Chris. | Posted in Buying & Selling

Every used car has a "Blue Book" price, and depending on the wear/tear on the car, can have a low/medium/high value. How do they get this information?

Through sample surveys and research with dealers and individuals. They then look at historical selling patterns and calculate a price range. Basically they conduct an ongoing market analysis of the car market.

hemirrhoid | Sep 29, 2007

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