This term refers to the valuation and information provided by Kelley Blue Book (KBB), a vehicle valuation and automotive research company, specifically for Hyundai vehicles. A consumer might use this resource to understand the fair market range for a new or used Hyundai, considering factors like mileage, condition, and optional features. For example, someone looking to purchase a used Hyundai Santa Fe could consult KBB to determine a reasonable offer price.
Access to this type of vehicle valuation data empowers consumers in the car buying and selling process. It provides a benchmark for price negotiation, ensuring transactions are fair and transparent. Historically, KBB has been a trusted source for vehicle pricing, contributing to greater consumer confidence in the automotive market. This information is crucial for making informed financial decisions, whether purchasing a new vehicle, selling a current one, or simply understanding the market value of an owned Hyundai.
