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