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The History of the Kelley Blue Book



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By : hillary clark    99 or more times read
Submitted 2011-05-11 06:57:22
Everybody who has ever bought a car or even considered buying a car has heard of the Kelley "Blue Book." The usual reference is the "Blue Book" cost or a car. Have you wondered just who "Mr. Blue Book" is/was and how he came to know the value of all the cars on the road?

A few years ago, in 1918, Les Kelley put "for sale" signs on a grand total of three Model T Fords, parked them on a vacant lot, and, with $450 in his pocket, began the Kelley Kar Organization. He had worked his way up to owning three cars by buying, repairing, and selling two other cars prior to that fateful day when he opened his employed car lot that would eventually grow into the largest car dealership inside the world. Kelley was an adept mechanic and, apparently, a really good salesman.

A few years went by, and Kelley was doing really well for himself. He made a list of the cars he wanted to buy and how much he was willing to pay for them. He passed copies of this list to other automobile dealers and banks. It wasn't lengthy prior to his judgment became a regular of car values, and dealers and bankers began to request the list for their own use. Kelley, ever the businessman, realized that he supply a wanted and necessary ongoing service.

Finally, in 1926, Kelley published the very first "Blue Book of Motor Car Values," which has turn out to be the regular for evaluating the value of cars and light trucks. Kelley named the book right after the social register since he said that you would locate valuable info inside. Across America and around the globe nowadays, individuals still rely on Les Kelley's Blue Book as the ultimate source for determining the value of all cars and trucks.

Author Resource:

This article is courtesy of Auto District, automotive classifieds featuring cars for sale , including used cars .

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