| If you are planning to sell your used car to a vehicle | | | | mileage and other options. The majority of the popular |
| dealer, you should be aware of the basic process in | | | | Blue Books are free for public use in their respective |
| determining the worth of your car. This would ensure | | | | web sites. They provide user-friendly worksheets to |
| you would not be scammed and taken for granted by | | | | help determine the appropriate value of a used car. |
| car dealer experts. | | | | Being aware of the Blue Book value of your car would |
| * What is the Blue Book value? | | | | help you search for a fair deal. |
| The Blue Book value is a basic term used in the | | | | * How do you determine the amount you wish to |
| car-buying business. It means the worth or cost of a | | | | spend on buying a use car? |
| vehicle. This vital book determines the price of what | | | | If you?re planning to buy a used car, you should |
| dealers are willing to pay for a used car. | | | | determine how much money you are willing to spend. |
| * Where could you find the Blue Book value? | | | | Consider the additional expenses such as the tags |
| There are several resources responsible for | | | | when applying for a car loan, extra tax, and purchasing |
| determining the value of your car. The two most | | | | of the car title. |
| popular is the Kelley Blue Book and the N.A.D.A. | | | | * How does the Blue Book determine the final values? |
| Appraisal Guides. | | | | Many organizations and individuals make use of the |
| The Kelley Blue Book, which invented the term Blue | | | | Blue Book. Car auctions, private owners, rentals and |
| Book, is a principal source for determining the loan | | | | fleets, franchised and independent dealers all use the |
| value on used cars. It has been providing information | | | | Blue Book to determine the final value. |
| for 75 years. | | | | Used car values are determined by a respectable |
| The N.A.D.A. Appraisal Guides, which was established | | | | editorial process. Each process starts with an analysis |
| in 1933, is another helpful Blue Book that provides car | | | | of the collected data which include the current |
| buyers to review the car?s worth. | | | | economic conditions, the historical trends, seasonality, |
| * How does the Blue Book determine the value of a | | | | location and industry developments. The final value |
| used car? | | | | reflects the most current representation of the |
| The Blue Book calculates the value of your car based | | | | changing car marketplace. |
| on the make, the model and year. The book also | | | | Be a wise used-car shopper and avoid bad deals and |
| considers factors such as conditions of the used-cars, | | | | investments. |