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When Les Kelley opened his used car sales lot in 1918, Kelly Blue Book was born. The company started off selling used Model T cars and only had $450 in the bank. Well, needless to say this company has gone a long way since. Les started off with one vehicle which he fixed up and then traded for 2 other cars that needed work. When he finished putting his mechanical touch on these cars, he was ready to start his own dealership. When Les realized that buying used cars and then fixing them up was a good business, he started listing cars that he would be willing to buy and what he would be willing to pay for them in what was called the “Kelley’s Cash Price List” which years later would change its name to the one we know now as “Kelly Blue Book”. Later becoming one of the largest aftermarket car dealerships in the world, the Kelly Kar Company was only the beginning for this enterprising entrepreneur.
The Kelly Blue Book company offers a standard in the automotive industry value and aftermarket pricing system. They take into consideration customer reviews, factory recalls and even the mechanical stability of vehicles to get a good educated guess to the vehicle’s value as it ages. The diminishing value of car of truck is a sliding scale depending on many factors including the make and model. The Kelly Blue Book company uses as many metrics as possible to evaluate the true value in a monetary representation for consumers and those in the automotive sales industry.
You can purchase the Kelly Blue Book in a standard book format or even use their website to see their professional automotive price information and some tips on buying used cars.
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