What is the "Kelly Blue Book"?

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.

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.