What Is the Difference Between the Low Kelley Blue Book & the High Kelley Blue Book?

Kelley Blue Book lists fair purchase price, high value and low value.

The Kelley Blue Book, or KBB, is a trusted resource for determining a fair price on any automobile. This service gives each car one averaged fair purchase price, as well as a low value and a high value, offering the consumer a complete picture of a car's actual value.

Low KBB Value

The low value is the lower end of the price range given by Kelley Blue Book. This price is the absolute lowest price you could expect to pay for a car you are researching, or the lowest possible selling price for the vehicle.

High KBB Value

The high value is the highest possible price of the car. This price represents the greatest amount of money that you could expect to spend on the vehicle in question, or the absolute largest amount that you could ask for if you were selling this car.

Determination

Kelley Blue Book determines the high and low ranges by examining a number of factors. Current market conditions are one aspect. Others can include recent sales statistics for the model, the projected future demand for it, repair reports, and any recent reviews or information about the car's safety ratings.

References

• Kelley Blue Book: Frequently Asked Questions
• Studio 5: Kelly Blue Book: Pricing Cars