NADA Guide: Find out the value of your car

  • NADA refers to National Automobile Dealers Association. In 1917, a group dealers founded NADA to reduce the luxury tax on automobiles from 5 to 3 percent. NADA was established in order to protect the interest of car dealers across the United States. A group of dealerships petitioned Congress to lower the taxes on luxury vehicles in 1917. NADA, which was formed after the petition was successful, is a permanent organization that represents fair and regulated automobile values in the country. Nearly 17,000 truck and new car dealers are represented, as well as 37,500 franchises. It is not just a blue book looking after a confined category of vehicles, instead it offers information and statistics on Trucks, Motorcycles, RVs, classic cars, ATVs and even boats.

    Blue Book is the term used to describe the compilation of statistics or information. This term was first used for record-keeping purposes by the Parliament of United Kingdom in the 15th century. It is more of a style guide which prescribes the widely used legal citation system in the US. It serves various departments like Jewelry, Legal, Media, Science, Transportation etc. The American series called the automobile bluebook was a collection of road guides that were designed for motoring travelers in the US and Canada. It became the standard publication for its type in 1910. NADA Guide is the most famous US valuation provider. This was created primarily to list prices exclusively for dealerships. NADA Guide was first published in 1971. It went online in 2000. It was originally designed to eliminate taxes on automobile sales. this website

    NADA Guide creates its listings only from data gathered by dealers. Dealership databases record every vehicle sold across the country. This log can then be used as a reference for when a similar vehicle becomes available. It lists higher values because it mainly operates with new vehicles. These vehicles are usually in good condition. NADA's NADA Book value is often more than other sources, such as Kelley Blue Book. This is because it is primarily about newer vehicles. It is used to determine tax rates. This high value is determined from the average price of vehicles purchased wholesale from dealers across the country.

    The "Buy A Price Guide" link allows you to purchase a NADA Guide online. NADA Book will keep you up-to date with vehicle values by automatically updating prices. Although this guide is useful for pricing, it can't accurately evaluate unique additions to your vehicles like customized tires or audio equipment. These modifications can significantly impact the vehicle's value. used NADA RV values