What is popular today as Kelly Blue Book or KBB has its origin dating back to 1918 and the first book was launched in the year 1926! The company got its name from the founder of the company, Les Kelly who introduced the first enterprise under the name of Kelley Kar Company. It was the dealership of T Ford vehicles. The owner collected raw data from his business operations with banks and other dealers and published a book called Kelly Blue Book which comprises information for public consumption. The book soon became the informative guide for automotive trade that helps people determine the actual car value. The book also offers the dealer invoice pricing for any new model of car and trade-in values for used cars.
Features of Kelly Blue Book
In the year 1995, the website of Kelly Blue Book was launched and it charges users with $3.95 for pricing report and valuation. But, customers insisted to make the information free of cost. In response to the request of the consumers, KBB started offering a list of free pricing tools and services for both dealers and car buyers.
- Free Dealer Price Quotes – By using the car make and model and zip code, the customers and dealers can find out the sales price of any vehicle offered by the car dealers.
- 5 Years Cost-to-Own – This helps the new car buyers to prepare for their new car ownership by evaluating and configuring all the hidden costs for the period of five years. The hidden costs include state fees, fuel cost, maintenance, financing, insurance and repairing.
- Auto-Check Vehicle History Report – Apart from all these features, Kelly Blue Book is also known for its ability to evaluate and determine the rate of a car according to the present market value. Auto-Check works in collaboration with Kelly’s Blue Book and helps car buyers to conduct background research on pre-owned and used cars to determine the vehicle’s history.