If you’re shopping for a new car, you need to be sure to do your research. Getting an idea of what the average price points for the car you’re looking at are will give you the information you need to go into a dealership or private sale armed with the knowledge to know whether or not you’re getting a good deal.
There are a number of good resources available online to help you research what prices you should be looking at for the type of car you’re eyeing. We’ll highlight a few of the most popular car pricing guides that are out there to help you get one step closer to getting a good deal.
Edmunds
Edmunds guide is one of the top pricing resources out there. It has a very straightforward car value calculating tool that you can use to research potential cars. It allows you to put in factors like the make, model, year, trim, and mileage to find an estimated value. The tool then looks at outside sources like dealer sales and potential depreciation to give you an idea of what similar cars to your search are being sold for.
What’s nice about the tool is that is has an easy to use feature that allows you to search by broad car conditions. You can search used cars by 5 conditions levels: outstanding, clean, average, rough, and damaged, to narrow down the range of your search.
Kelley Blue Book
Kelley Blue Book is many people’s go-to source for car valuations and pricing. It gives you everything you could need to research a variety of different car types, from new to used and certified pre-owned. They are one of the most trusted brands in the car industry, having been founded in 1926, and they were one of the pioneers of car valuation guides. Today, Kelley Blue Book’s online resources allow you to search new car and used car pricing based on what others in your area have paid.
Cars.com
Cars.com has a specialized tool to help you get the most out of your money called the Price Comparison Tool. The allows you to search using a resource called Black Book. Black Book shows you both the wholesale and auction prices for the car you’re looking out which will usually be similar to what a dealership would pay for it. You can trust their prices to be accurate because it’s created by compiling data from records of auction and retail transactions. These numbers are updated weekly, so you’re getting the most up to date information possible.
The best part of this tool is that it highlights good deals. A badge pops up on cars that are well-priced in the market you’re in, taking into account the car’s condition, history, and features.
NADA
NADAguides is probably the best resource if you’re looking for consumer-based information. The name stands for National Automobile Dealers Association and the website is owned by J.D. Power, the largest publisher of car pricing and information for a number of vehicle types including: cars, motorcycles, RV’s, and boats.
The sites relationship with J.D. Power allows it to show some different types of insights, because the consumer information group has access to information from banks, credit unions, insurance companies, and government agencies.Their information is also used by those entities, making them one of the best resources for used car valuation in particular.
Any of the used car pricing resources highlighted here can help you get a better idea of what prices to look for when shopping for your next car. Whichever resource you choose to use, you’ll be armed with the knowledge to get the best deal for yourself.
If you’re shopping for a used Chevrolet in New Jersey, then you can’t afford to miss Royal Motors. We have the best deals in Nj and accept all trades regardless of condition. With bank financing starting at 2.89% we’re able to accommodate most credit needs. Speak to our friendly team of experts at (856) 346-2121 or visit our location in Voorhees, NJ today!
