Why is it called Blue Book?

The term dates back to the 15th century, when large blue velvet-covered books were used for record-keeping by the Parliament of England. The Oxford English Dictionary first records such a usage in 1633.

What is Blue Book price?

The term “Blue Book Value” refers to the value of a vehicle by a guide known as the Kelley Blue Book. The guide not only lists the value of new vehicles, but it also lists used car values. Since the 1920s, the Kelley Blue Book has served as a standard within the auto industry in the United States.

What Blue Book do car dealers use?

The Kelley Blue Book—and its equally popular website—is one of the most trusted guides for automobile pricing, used by those who are buying or selling cars. Kelley assesses the following values: private party value, trade-in value, suggested retail value, and certified pre-owned (CPO) value.

What happened to KBB?

In 1995, Kelley Blue Book created its company website, which contained tips and pricing information from its hardcopy guide. In December 2010, Kelley Blue Book was purchased by AutoTrader.com. After its acquisition, the company operated as a subsidiary of AutoTrader.com, Inc.

Who made Kelley Blue Book?

Les KelleyLeslie Kelley

How old is Kelley Blue Book?

About 94 years (1926)

Who owns Edmunds?

Peter Steinlauf

How do you talk down a car salesman?

3:43Suggested clip 101 secondsHow To WIN Talking to a Car Salesman – YouTubeYouTubeStart of suggested clipEnd of suggested clip

What is the best way to negotiate a used car?

My short list of negotiating tactics:Don’t negotiate. Follow-up on Saturday or Sunday nights an hour before closing time. Follow-up on the last day of the month. Follow-up on days that have had terrible weather. Rinse, wash, and repeat. Know what a car is worth. Secure your own financing if you can. Always be polite.

What is a good mileage for a used car?

Mileage will vary between vehicles, but a decent rule of thumb to follow is that people drive an average of about 12,000 miles a year. Therefore, 120,000 miles would be a good mileage for a used car that’s about 10 years old. Of course, some cars will have less or more miles on the odometer.

At what mileage do cars start having problems?

Typically, putting 12,000 to 15,000 miles on your car per year is viewed as “average.” A car that is driven more than that is considered high-mileage. With proper maintenance, cars can have a life expectancy of about 200,000 miles.

What is the best age of used car to buy?

So for used car shoppers, purchasing a car that’s two to three years old and driving it for three years results in some of the lowest costs for recent model cars.

What is the most reliable second hand car?

The 10 most reliable used cars8: Honda CR-V (2012 – 2018) 7: Honda Civic diesel (2012 – 2017) 6: Lexus RX (2009 – 2016) 5: Seat Leon (2013 – present) 4: Mitsubishi ASX (2010 – present) 3: Audi Q3 (2011 – 2018) 2: Lexus CT (2011 – present) 1: Toyota Yaris (2011 –present) And the UK’s most reliable used car isthe Toyota Yaris.

Is it worth buying a 10 year old car?

A well-maintained 10-year-old car could possibly be a better investment than a newer model which hasn’t been looked after. As a very general rule of thumb, a car is usually reliable up to 5 years providing it has been maintained.