Car Blue Kelley Book Amount Expect Eslpod Reading

When Americans buy and sell cars, they often "refer to" (look for information in) the "Kelley Blue Book" to "set" (establish; create) the selling price. The Kelley Blue Book is a company, book, and website that lists many different "makes" (companies; manufacturers) and models of cars, as well as their "suggested" (recommended) sales price.

The price of each car depends not only on its make and model, but also on its age, "condition" (quality), "features" (special characteristics), and "odometer reading" (how many miles a car has been driven), as well as whether it has been in an accident and how well it has been "maintained" (received recommended services like oil changes).

Actually, the Kelley Blue Book lists three sales prices. The first is the "retail value," or the amount one should expect to pay for the car at an auto "dealership" (a business that sells cars to consumers). The second is the "trade-in value," or the amount of money one should expect to receive for a car when giving it to a dealership as part of the payment for a different, more expensive car. The third is the "private-party value," or the amount one should expect to pay when buying the car from an individual.

The Kelley Blue Book is helpful, because it is difficult to know the value of an older car, especially one sold by its owner and not by a dealership. A printed "resource" (something that helps one do something) that most people agree on can make the process of "negotiation" (reaching agreement, especially on the price of something) between the buyer and seller much faster and easier.