If you are planning to sell your used car to a vehicle dealer, you should be aware of the basic process in determining the worth of your car. This would ensure you would not be scammed and taken for granted by car dealer experts.
* What is the Blue Book value?
The Blue Book value is a basic term used in the car-buying business. It means the worth or cost of a vehicle. This vital book determines the price of what dealers are willing to pay for a used car.
* Where could you find the Blue Book value?
There are several resources responsible for determining the value of your car. The two most popular is the Kelley Blue Book and the N.A.D.A. Appraisal Guides.
The Kelley Blue Book, which invented the term Blue Book, is a principal source for determining the loan value on used cars. It has been providing information for 75 years.
The N.A.D.A. Appraisal Guides, which was established in 1933, is another helpful Blue Book that provides car buyers to review the cars worth.
* How does the Blue Book determine the value of a used car?
The Blue Book calculates the value of your car based on the make, the model and year. The book also...