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A trade-in car is a vehicle that you offer to the dealership in exchange for credit toward the price of the automobile that you're purchasing. Generally, a trade-in can be any vehicle that has value, but the amount that you get for the trade-in can vary greatly. The Kelley Blue Book Private Party Value reports on a fair price when selling the car to an individual instead of doing a dealer trade in. Our Values are the results of massive amounts of data NADA Blue Book values for used cars, certified pre-owned cars and more, brought to you by the National Automobile Dealers Association.