Sid Dillon CDJR FIAT® of Lincoln
When you are trading in your vehicle, you’ll want to make sure you get the best offer possible. Most drivers in Crete and beyond are familiar with the Kelley Blue Book values to gauge how much their car is worth. But did you know that there’s another method? That’s right. Besides Blue Book valuation, there is also Black Book valuation, which tends to be more accurate. Learn more below with Sid Dillon CDJR FIAT® of Lincoln, and see how Black Book car values differ from Kelley Blue Book ones.
Trade-in valuation provided by Kelley Blue Book is commonly referred to as simply “Blue Book” trade-in valuation. It’s used by many car dealers because it is free and requires no monthly payment. It ranks cars into four main categories: excellent, good, fair, and poor. That having been said, Blue Book valuation sometimes is on the higher end of what’s considered normal or fair, especially when buying a new vehicle. Accordingly, if you’re trying to value your trade-in, you may not get as much as the Blue Book valuation would suggest, which can seem misleading to some Wahoo drivers.
What is Black Book value? Black Book trade-in valuation is widely used by many dealers. It often provides more up-to-date information about car and truck transactions than Kelley Blue Book, making it potentially more accurate. Why? Black Book updates the dealer invoice and MSRP of vehicles weekly.
As you can see, Black Book and Blue Book values both serve a purpose. Here’s a rundown on the main differences between Black Book vs. Blue Book for your convenience:
Whether you’re from Omaha or Lincoln, you can come to our dealership for a fair offer on your car. We also have an inventory of new and used cars from dozens of makes, so you will find something to your liking! If you are ready to set up an appointment, get in touch with us today. Let’s get you in an upgraded ride in no time!
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