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NADA is an acronym for the National Automobile Dealership Association. NADA trade value is defined as the value of a vehicle that dealerships will offer when trading them in towards the purchase of a new or used vehicle on their lot.

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Q: What is the definition of NADA trade value?
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there are so many different book values of cars. The value will be based on what the dealer will give you for trade or if you sell it privately. remember nada, blackbook, kelly blue book, etc does not buy cars nor do they sell cars so the value is a basis of what your car is worth.


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