At Kelley Blue Book, our valuation process is constantly evolving to reflect the ever-changing automotive marketplace.
To continue providing consumers and business partners with market-reflective values, we recently rebuilt our valuation engine from the ground up. Here are some of the key improvements:
Kelley Blue Book is an expert at studying, analyzing and dissecting local markets.
Weâ€™ve utilized our expertise to refine our valuations to 101 regions, encompassing the 50 largest markets in the nation.
We recognize that color plays a role in determining a vehicleâ€™s value.
Kelley Blue Book analyzed the top 15 colors in the marketplace and has turned this knowledge into market-reflective valuations.
Weâ€™ve also improved the way we adjust values for mileage.
Weâ€™ve analyzed millions of records to more accurately reflect how mileage impacts the values of vehicles of different ages, makes, categories and more.
As with mileage, a vehicleâ€™s condition will impact each vehicleâ€™s value differently.
Our new valuations look more closely at age and scarcity when determining the impact of condition on value.