Because Kelley Blue Book gathers data from actual local transactions, you may see differences in the Kelley Blue Book® Fair Market Range due to the demand in a particular region, certain vehicle options or color preferences and a host of other aggregated data points all of which are considered in the Kelley Blue Book® Price Advisor.
The Kelley Blue Book® Price Advisor uses data from many sources on a weekly basis and that’s why you get a market reflective price range for any fully configured vehicle.
These sources include your local geographic area, new and used vehicle transaction data, various vehicle options, and Kelley Blue Book even factors in economic variables like fuel prices and market trends.
Kelley Blue Book® wants you to have current and localized information so you are aware of the current Kelley Blue Book® Fair Market Range for the vehicle you have selected. If you have the most current Kelley Blue Book® Fair Market Range, you can then focus on what vehicle features you want rather than on price!
Let’s say you are looking at a 2016 Ford Escape, SUV, and you want to know a fair price to pay. A few simple steps will give you the Kelley Blue Book® Fair Market Range.
This will highlight the Kelley Blue Book® Fair Market Range in your local geographic area.
Enter your vehicle data.
This narrows the price to a more relevant Kelley Blue Book® Fair Market Range.
The Kelley Blue Book® Price Advisor takes the vehicle information you enter and uses actual recent sales transactions of comparably equipped cars to determine the Kelley Blue Book® Fair Market Range.