NADA stands 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 established to protect the interests car dealers all over the United States. this website In 1917, a group representing car dealers petitioned government to lower luxury vehicle taxes. NADA was created to represent the fair and legitimate automobile values across the United States after the petition was approved. It is home to nearly 17,000 dealers of new-cars and trucks, both domestically and internationally. There are 37,500 distinct franchises. It is not a “blue book” that only deals with a certain category of vehicles. Instead it provides information and statistics on Trucks, Motorcycles, RVs, classic cars, ATVs and even boaters.
Blue Book refers primarily to the compilation statistics and 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 and identifies the US legal system. It serves various departments like Jewelry, Legal, Media, Science, Transportation etc. The American series of road books for motoring enthusiasts in the US and Canada called the automobilebluebook. It was the first publication of its kind and became a standard publication in 1910. NADA Guide, a popular valuation service in the US, was originally designed to list prices solely for dealerships. NADA Guide began in print in 1971. The site went online for the first time in 2000. It was originally designed to eliminate taxes on automobile sales.
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. NADA Book often lists higher values than Kelley Blue Book because they primarily refer to newer vehicles. NADA guide for RV This high value can be attributed to the average retail price of vehicles across the country.
NADA Guides can now be ordered online by clicking the ‘Buy a price guide’ button. NADA Book will keep you up-to date with vehicle values by automatically updating prices. It is important to remember that this guide cannot accurately appraise unique additions such as custom tires and stereo equipment. These modifications could significantly affect the value and appearance of your vehicle.
