what is
 






 

Question by  Barbara (38)

What is the "Kelly Blue Book"?

Why do they know how much a car is worth?

 
+7

Answer by  NoblesseOblige (444)

The Kelley Blue Book is a vehicle valuation company; their job is to appraise your vehicle. It is so named for the Kelley Car Company, who started the Blue Book in an attempt to have a centralized listing of prices for used cars.

 
+4

Answer by  Munawer (365)

Kelly Blue Book, also referred to as just "blue book", evaluates and lists market values of all the new and old automobiles. The know how much a car is worth by valuing its "market" value or the current asking price based factors like supply and demand, gas prices et al.

 
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