Kelley Blue Book

Researching Used Car Prices

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Question

In negotiating car prices, choosing among various makes, models, and options can make comparison difficult. You can check one of the popular price guides to research used car prices. What is that guide?

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Explanations

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A. B. C. D.

A

The popular price guide used to research used car prices is the National Automobile Dealers Association (NADA) guide.

The NADA guide is a widely used resource that provides pricing information for new and used cars, trucks, SUVs, and other vehicles. It includes information on various makes and models, as well as options and features, that can make it easier for consumers to compare prices and make informed purchasing decisions.

The NADA guide is based on data collected from thousands of car dealerships across the United States, and it is updated regularly to reflect changes in the market. The guide is available both in print and online, and it includes pricing information for both trade-ins and retail sales.

In summary, the correct answer to the question is A. National Automobile Dealers Association, as this is the popular price guide used to research used car prices.