How Do I Determine the Fair Market Value of an ATV?

ATV

An ATV value

Finding the market value of a vehicle is tough to do, let alone find a fair value for an ATV. The type of ATV along with location and condition can play into the market value. There are many outlets online, in books, and auto stores to help establish an ATV’s fair market value.

Kelley Blue Book

The most known outlet is Kelley Blue Book. On the website, you will click on the “Motorcycle” tab which will also include the values of ATVs. Determine the make, model, and year to display a value for sales, trade-ins, and dealership prices on a used ATV. This tool is convenient and easy to use which makes it a great place to start.

NADA Guides

Next in line to Kelley Blue Book is the Nada Guide. Dealerships and private sellers often choose this outlet as it is known to be a more practical look at the current buy/sell price of used vehicles. On the NADA Guide, ATVs are also listed under “Motorcycles” and the values can be found just as they were on Kelley Blue Book. If you are dealing with a dealership, be sure to have this Nada Guide information as that’s usually what the dealership will refer to.

Online Research

As with anything, current values and legitimate information directly located in your area can be found online. Make sure to research as many areas as possible. EBay and Craigslist are two websites commonly used that give a realistic value, even more so that Kelley Blue Book or the NADA Guide. Compare the material between all the websites mentioned above to identify the most realistic value on an ATV you are planning to buy or sell.

Pricing an ATV on Kelley Blue Book

atv value KBBFor more than 50 years, people have been referring to Kelley Blue Book as the main price guide for most types of vehicles. The website has now included motorcycles and ATV’s to better accommodate the growing market. Kelley Blue Book is a go-to source for putting a value on a used ATV whether it’s a private sale, trade-in, or a future purchase. Even better, it’s easy to use!

Be sure to know as much information about the ATV as possible. The year, make, and model are all important factors. Because motorcycles and ATVs are listed together on Kelley Blue Book, you want to be sure you have the right information and don’t unintentionally price the incorrect vehicle.

If you are wanting to purchase a brand new ATV at a dealership, you will want to know the trade-in value of your current ATV. You can find how much similar ATVs are going for on the dealer lot by looking up the retail price.

On the home page of the Kelley Blue Book website, you will see a “Motorcycle Values” box with a “Motorcycles” link. Select that link and determine if you want the trade-in or retail value. The “Motorcycle Store” link will benefit you if you are looking to find a dealer for an ATV or parts.

Enter in the information about the ATV by selecting the correct year manufactured and model. Be careful to choose the right one as sometimes ATVs and scooters will be listed on the same page.

You can search by the model name in the box provided if you aren’t confident about the manufacturer of the ATV. A list will be displayed of all manufactures and corresponding models and years sorted by letter.

The next page will show a value for trade-in or retail based on a vehicle in good or excellent condition. Mileage and added equipment aren’t part of establishing its value. A short description of the ATVs engine will also be included.

If you want to see the estimated amount of miles an ATV similar in age typically has, you can go to the “Mileage/Condition” tab. Also, you can get a value of you ATV depending on added accessories and features under the “Additional Equipment” link.

Location and overall condition of an ATV can decrease or increase the value. Kelley Blue Book usually bases its values on the finest condition of an ATV.

Leave a Reply

Your email address will not be published. Required fields are marked *

You Might Also Like