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Kelley Blue Book is a book of car values that was developed in 1926 by a dealership owner named Les Kelley, who kept an extensive list of car prices for sellers and buyers. Kelley Blue Book values are now accepted as fair market value across the car industry.

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Figuring out the price of a car, whether used or new, is no easy task. For every model, you can find a range of different prices, often with little reason for the discrepancies. The two leading guidelines for automotive values in the U.S are the Kelley Blue Book and the NADA guide, and this article looks at the differences between them.

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