NADA Value

To get a better idea of how much a car is worth, you can use NADA values. The National Automobile Dealers Association is known as NADA.

As with Kelley Blue Book (KBB) values, NADA values represent new and used vehicle retail MSRPs, trade-in values, and private-party prices. Lenders can use this data to determine the risk associated with a loan based on the value of a borrower’s car compared to his or her income.

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