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#4620755 - 01/01/18 03:08 PM Black & Blue and other books
Eddie Offline


Registered: 12/07/03
Posts: 9559
Loc: Florida, Cape Coral
I am familiar with the Blue book and Black books and NADA books for evaluating used car worth. Of particular interest to me are how the Blue & Black books acquire their information. Ed
_________________________
CX5 Touring 2.5L :-)

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#4621055 - 01/01/18 07:24 PM Re: Black & Blue and other books [Re: Eddie]
Balrog006 Offline


Registered: 08/09/16
Posts: 465
Loc: West Michigan
Going to share?
_________________________
06 MDX 211K+ P Plat 0w20, A01
08 CRV 271K+ VSyn w/ML, A01
04 JD L130 720H, Mobil S 5w30
13 JD 2032r 300H, JD Plus 50 ii 15w40
M1Delvac 5w40 in OPE

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#4624179 - 01/04/18 06:37 PM Re: Black & Blue and other books [Re: Eddie]
Eddie Offline


Registered: 12/07/03
Posts: 9559
Loc: Florida, Cape Coral
I waa unclear. I wanted to know how the Blue & Black book get their information. I have observed that dealers like to use the Black book to get the buy your trade in. Ed
_________________________
CX5 Touring 2.5L :-)

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#4632369 - 01/12/18 11:42 AM Re: Black & Blue and other books [Re: Eddie]
Balrog006 Offline


Registered: 08/09/16
Posts: 465
Loc: West Michigan
Originally Posted By: Eddie
I waa unclear. I wanted to know how the Blue & Black book get their information. I have observed that dealers like to use the Black book to get the buy your trade in. Ed


Correct, in my limited experience Dealers Iike to quote Black book (a paid resource) that they and its publisher claim is a better and more timely representation of actual value for the locale, current market trends, demand, supply, etc. it also happens to benefit the Dealer by showing lower (sometimes much lower) values.... any wonder why they prefer it? Example-a Co-worker was preparing to sell his early 2000s Impala and upgrade to a newer used model. His research pegged fair trade in at something north of $2000, his preferred dealer who he was working on the newer model with offered him $900 for it only because it had new tires, otherwise it would be $500. He declined and sold it privately in 3 days for $2200.

Im sure they all have some complex data gathering methodology and a complicated algorithm to determine value, but Im not privy the the details z
_________________________
06 MDX 211K+ P Plat 0w20, A01
08 CRV 271K+ VSyn w/ML, A01
04 JD L130 720H, Mobil S 5w30
13 JD 2032r 300H, JD Plus 50 ii 15w40
M1Delvac 5w40 in OPE

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