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Anonymous
Posted July 10, 2001
The Kelly Blue Book is a tool that can be used to help evaluate a vehicle. Most car dearlers will prepare an appraisal of your vehicle and will include a number of factors. Usually, the Used Car Manager is the one who will do this work. Most states require that the dealer enter onto a sales invoice for a customer the Trade In Value for your trade in vehicle. Many dealers will enter the value known as Actual Cash Value. Again most states require the dealer to account for this value when determining the profit earned from this part of the transaction. The dealer can give you more than the Actual Cash Value for your Trade In Value or can give you less. It is part of the negotiating process. A reviewer asked how can you trust any one. Ask the dealer for a copy of the appraisal form that determines the Actual Cash Value. Many dealers will supply to you a copy if you ask for it. Remember, the dollar amount on the appraisal is not universally rock solid. A different dealer will likely have a different value. It is up to the particular dealer as to what he or she believes is a good deal for them. The dealer is only an alternative for disposal of an existing vehicle as opposed to selling it yourself. Everyone knows that they can usually achieve a higher value for their existing vehicle if they sell it themselves. If you decide to sell your vehicle yourself, then this is the real value of the Kelley Blue Book. After all, you do not want to leave any money on the table when it comes to your personal recovery of costs for your vehicle.
Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.Anonymous
Posted January 25, 2001
I have been in the automotive industry for twelve years and as a used car manager I based my appraisals on the Black Book Value and current auction reports. A dealer is only going to give you the amount of money that he can purchase a like vehicle from the auction. You also need to remember to deduct for miles and condition of the vehicle.
Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.Anonymous
Posted September 15, 2000
I found the book to be quite good, and it gave me an idea of what my car is worth which came in handy when dealing with used car dealers. Unfortunately, I was told by used car dealers that the Kelly Blue Book doesn't mean a thing. I was told that their appraisal of my car was all that counted. In other words, blue book means nothing. I hesitate to go car shopping now because who can you trust? I know the blue book has been used for years by car dealers to determine the value of trade-ins. Is there a new set of rules that I don't know about? Regardless, I found the blue book to be right on with determining my cars value, and plan to use it again if I ever go car shopping for a used car again.
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