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NADA Guide helps you determine the car's value

  • NADA refers to National Automobile Dealers Association. It was founded by a group automobile dealers in 1917 to lower the luxury tax of automobiles from 5% down to 3%. NADA was formed to protect car dealers' interests in the United States. In 1917, a group representing car dealers petitioned government to lower luxury vehicle taxes. NADA was established in 1917 as a permanent organization to represent fair and controlled automobile values throughout the country. It has nearly 17,000 domestic and international new-car and truck dealers and approximately 37,500 independent franchises. It is more than a simple blue book, which only covers a limited category of vehicles. It also provides information and statistics about Trucks, Motorcycles RVs, classic cars and ATVs.

    Blue Book is the term used to describe the compilation of statistics or information. The Parliament of United Kingdom used the term Blue Book for record-keeping. It was established in the 15th century. It is a style guide, which specifies the US legal citation system. It serves various departments like Jewelry, Legal, Media, Science, Transportation etc. The American series of road guides for motoring tourists in the USA and Canada was called the automobile blue book. It was the most widely used publication of its kind by 1910. NADA Guide is the most famous US valuation provider. This was created primarily to list prices exclusively for dealerships. NADA Guide was first published in 1971. It went online in 2000. It was originally created to reduce taxes on automobile sales. Today, it is used mostly by dealers for new vehicle sales. before buying an RV

    NADA Guide is based solely on dealership databases, which log each vehicle sold through dealers across the country. This log can then later be referenced when another vehicle is purchased. Because it is mainly used with new vehicles, which are generally in excellent condition, the values listed for them are higher. The value NADA lists in its NADA Book is often higher when compared to others, like Kelley Blue Book, since it primarily pertains to newer vehicles and is therefore utilized as a basis for tax determination. This high value is determined based on the average wholesale price of vehicles sold by dealers across the nation.

    NADA Guides can now be ordered online by clicking the 'Buy a price guide' button. NADA Book will update prices every month, so you are always up to date with the latest vehicle values. While this guide is excellent for pricing, it cannot properly assess unique additions to vehicles such as custom tires or stereo systems. These modifications can make your vehicle more valuable. NADA RV value