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