A Guide To Car Values

Insurance Value - to assure proper coverage

Resale Value - to provide current fair market value

Bank Loan Value - to establish value for a fast turnaround

Legal Documentation - to recover a fair market value

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The Value of a Certified Appraiser

The appraised value is usually used as a pre-qualification pricing factor for financial loans. A certified auto appraiser assesses the value for which a loan will be secured. Reliable auto appraiser services for vehicles include antique autos, classic cars, muscle cars, exotic, custom street rods, kit cars, motorcycles, or late model cars and automobiles involved in a total loss or diminished value claim.

Inspections and Qualifications:

The Kelley Blue Book®

Kelley Blue Book® is the largest appraiser of automobiles. The company has become so identified with its services that the trademarked terms blue book and blue book value have become synonymous with a car's market value. Les Kelley founded Kelley Blue Book® in 1918. It began as the Kelley Kar Company with three used Model T Fords and one employee. To obtain inventory, he began circulating lists of cars he wanted to acquire along with the price he was willing to pay for them. The price lists quickly became a trusted standard among Los Angeles area banks and car dealers. In 1926, he published his first Kelley Blue Book®, a guide to used car values. In the 1940s a large number of returning serviceman caused a huge spike in the demand for cars and the prices skyrocketed. During this time, Kelley Blue Book® expanded to become a nationwide automobile appraisal guide. New-car appraisals were added in 1966. In the years following, recreational vehicles, motorcycles, and mobile home appraisal guides were added to company's list of services. The company began its website service in 1995 and has become one of the most visited automobile related sites. Providing new automobile information about a make's MSRP, dealer invoice price, and expected retail price. Providing used cars retail value, trade-in value and private party price. It obtains retail pricing by collecting information about actual retail sales.

Manufacturer's Suggested Retail Price

The MSRP list price (recommended retail price) the manufacturer recommends that the retailer sell it for. Prior to the spread of manufacturer's suggested retail pricing, there were no defined prices on vehicles and car dealers often adjusted prices to what the salesperson thought the prospective purchaser would be willing to pay for a particular vehicle. The "sticker price" the price of a vehicle often includes a substantial markup over the MSRP. The actual price paid to the manufacturer by the dealer is not common knowledge. In many cases sticker prices are inflated in order to give customers the feeling of getting the car for well below the sticker price after negotiations, while ensuring good profit to the dealer. It is the buyers' responsibility to negotiate the vehicles price.

Car of the Year Awards
Saturn Aura - Honda Fit - Toyota Camry

The Toyota Camry is a mid-size sedan that has been the best selling car in the United States for nine of the last 10 years starting in 1997. The Camry's competitor, the Honda Accord, is often described as sportier and has traditionally been equipped with a few more performance-oriented options. Other comparisons have placed the car against the Saturn Aura, Subaru Legacy, Hyundai Sonata, Nissan Altima, Mitsubishi Galant, Mazda6, Ford Fusion and the Chevrolet Malibu. The Honda Fit is a five-door hatchback that replaced the Honda Civic hatchback for North America. The Saturn Aura recently won the North American Car of the Year prize.

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