If you’re having your vehicle appraised so you can sell or trade it to help with your next upgrade near Vallejo, you may receive both Blue Book and Black Book car values. What’s the difference between the two? In the following guide, Team Mazda explains the trade-in value meaning for both categories. Read on to become a more empowered car shopper. If you have any questions, please don’t hesitate to contact us.
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 requires no monthly payment. It ranks cars into four main categories: excellent, good, fair, and poor. That 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, you may not get as much as the Blue Book valuation would suggest, which can seem misleading to some Fairfield drivers.
What is a Black Book car value? Black Book trade-in valuation is widely used by many dealers in the Vallejo area. 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:
Visit Team Mazda to learn more about our trade-in process and get a competitive offer for your vehicle. Whether you’re interested in upgrading to a compact Mazda CX-30 or a stylish Mazda CX-50, we’ll help you enjoy a straightforward transaction. In addition to simple trade-ins, we proudly offer rotating new vehicle specials for you to take advantage of.
