How are NADA Car Prices Determined?

The NADA price guide is one of the most trusted resources for determining the value of an automobile. NADA stands for National Automobile Dealers Association. This association is designed to accurately provide prices for new and used vehicles based on a variety of criteria. One way NADA car prices are determined is by averaging auction prices and dealership prices from around the country. You will find several prices for the same vehicle listed in this guide. For example, in the 2007 guide you will see prices for the past eight years. Listed are prices such as trade-in, MSRP, loan and retail.

Another way to find the NADA price for a particular vehicle is to search their website. All of the information you can find in the book is available right on the web site. I would say that the site is preferable to the book, but when you are shopping at a dealership you don't want to lug your laptop around. If you are a dealer talking to a customer the same thing applies -- it is easier to refer to a small, pocket-sized book than a computer. However if you are doing your research at home, the site is the most comprehensive source of information.

You will see that the NADA site is organized into a variety of different sections. There is the New Car section and the Used Car section. Under the New Car section you will find prices, specs, safety information and more. You can see photos of new cars and even build your dream car right on the computer. You can compare vehicles, learn about rebates and learn about shopping for a new car. The Used Car section is just as comprehensive and offers many buying and selling tips that relate especially to pre-owned vehicles.

NADA car prices are lower than Kelley Blue Book prices on average. This is why the majority of dealerships will refer to the Kelley Blue Book price instead. It is a good idea to research both values and come up with an average when determining the worth of a vehicle. Like NADA, Kelley also has a web site where you can look up vehicle prices and learn a great deal about buying, selling or leasing an automobile. Yet another fantastic resource that you can use is Edmunds, another leader in the world of vehicle pricing.


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Insurance News:
NADA: High Trade-in Values Expected to Boost New-car Sales in 2012 - NEWS.GNOM.ES

NADA: High Trade-in Values Expected to Boost New-car Sales in 2012
NEWS.GNOM.ES
Another factor working in favor of car buyers this year is higher-than-average trade-in values, says Jonathan Banks, executive auto analyst with the NADA Used Car Guide. EURœThe average trade-in value of a 3-year-old used car is 8 percent higher in .

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Pa. Auto Show turnout gives auto industry, dealerships hope for successful year - Patriot-News

Patriot-News
Pa. Auto Show turnout gives auto industry, dealerships hope for successful year
Patriot-News
This year, the average car on the road is more than 10 years old. Low interest rates should also help push sales this year, said Taylor with the NADA. EURœLower vehicle costs for car buyers through manufacturer incentives and rebates combined with low .

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Bidzpin Selects NADA for Used Car Values - MarketWatch (press release)

Bidzpin Selects NADA for Used Car Values
MarketWatch (press release)
"The sales outlook in the used vehicle market at both auction and at retail remains strong this year," said Mike Stanton, vice president and chief operating officer of the NADA Used Car Guide. "Bidzpin can rely on vehicle values from the NADA Used Car .

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California passes greener car standards amid affordability issues - EcoSeed

EcoSeed
California passes greener car standards amid affordability issues
EcoSeed
The standard's projected benefits include nearly $6000 in fuel cost savings for average consumers by 2025; 52 million tons in greenhouse gas reductions by 2025 said to be equal to taking 10 million cars off the road; and overall savings that would .

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NAAA and NADA Extend AuctionNet Partnership Through 2016 - MarketWatch (press release)

NAAA and NADA Extend AuctionNet Partnership Through 2016
MarketWatch (press release)
19, 2012 /PRNewswire via COMTEX/ -- 20-year partnership continues to provide industry with leading source of auction transaction prices The National Automobile Dealers Association (NADA) Used Car Guide and the National Auto Auction Association (NAAA) .

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Most people have a love-hate relationship with car shopping. You love getting new wheels, but you hate that nagging feeling that you may be playing a game you can't win. And despite industry..


New Car Sales Up - KAALtv.com

KAALtv.com
New Car Sales Up
KAALtv.com
The National Automobile Dealers Association (NADA) reports the US Auto Industry sold 12.7 million units in 2011, an increase of over 10 percent from 2010. "People want something new. The average age car out there right now is like 10.5 years old and .

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NADA Used Car Guide Expects Strong Sales In Both New And Used Car Market - AutoGuide.com

NADA Used Car Guide Expects Strong Sales In Both New And Used Car Market
AutoGuide.com
Jonathan Banks, Executive Auto Analyst for the NADA Used Car Guide, explained, EURœThe average trade-in value of a 3-year-old used car is 8 percent higher in January 2012 compared to last January. We expect this trend of higher trade-in values to continue .
NADA UCG: Used Supply to Soften Again in 2012Auto Remarketing

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Prices for pre-owned vehicles at all-time highs
According to the used-car valuation experts at Kelley Blue Book, the average value of a one- to three-year-old used vehicle jumped from $15,000 in 2008 to more than $23,000 in 2011, which amounts to an average increase of nearly 16 percent per year. This is causing an affordability problem among cash-strapped buyers who don't otherwise have the funds for a new car, which on average costs nearly ...


New fuel rules will make cars unaffordable - Autos.ca

New fuel rules will make cars unaffordable
Autos.ca
NADA director Forrest McConnell, a Honda and Acura dealer in Montgomery, Alabama, said that proposed fuel economy rules by the Environmental Protection Agency (EPA) will create a US$3200 increase in vehicle prices over those in 2010, and will limit the .
Expensive Fuel Economy Proposal Will Price More Than 7 Million Consumers Out .PR Newswire (press release)

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Dealership Newsmaker Q&A: William Underriner - Search-Autoparts.com

Search-Autoparts.com
Dealership Newsmaker Q&A: William Underriner
Search-Autoparts.com
Paul Taylor, NADA chief economist, is forecasting US sales of more than 13.9 million new cars and light trucks this year. (In 2011, about 12.8 million new vehicles were sold.) Looking ahead at 2012, interest rates are at historically low levels, .
Expensive Fuel Economy Proposal Will Price More Than 7 Million Consumers Out .MarketWatch (press release)

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Proposed Fuel Economy Rules Would Add » - Inside Line

Autochannel
Proposed Fuel Economy Rules Would Add »
Inside Line
NADA said it will release a study next month that will show that car prices "may increase by as much as 60 percent" if the higher fuel-economy standards are put into place. The group said it is concerned that some shoppers would be shut out of the car .
Proposed Fuel Economy Rules Underestimate Rising Vehicle Cost, NADA SaysMarketWatch (press release)
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