| Buying a car is a big decision. The price is | | | | automobile to a dealer, buying a used car |
| a very important aspect since it is a big | | | | from a dealer, buying a used car from a |
| investment that has to last for some years. | | | | private party, or selling a used car to a |
| The car should also have a good value when | | | | private party. The information is unbiased |
| resold after a few years.There are many | | | | and generally used as a guideline for the |
| sources for buying used cars: directly from | | | | entire automobile industry since it is |
| the owner, from dealers, from used car | | | | obtained from a gamut of sources comprised of |
| superstores, or from auctions. Prices also | | | | wholesale auctions, independent dealers, |
| vary depending on this factor. Car prices | | | | franchised dealers, original equipment |
| depend upon the distance the car has traveled | | | | manufacturers, rental and fleet agencies, and |
| and other factors such as the condition of | | | | private-party transactions. All this data, |
| the car, place of purchase, the model, the | | | | along with other factors like historical |
| make, and the year of manufacture.The Blue | | | | trends, current economic conditions, industry |
| Book is an information database containing | | | | developments, seasonality, and location are |
| exhaustive information from the automobile | | | | combined and analyzed to arrive at the final |
| industry. It is a very reliable source of | | | | figures. Trade- in-value, suggested retail |
| information for both buyers as well as | | | | value, and private party values are |
| sellers. Blue Book prices are used for a | | | | determined by the Blue Book. |
| variety of transactions: trading in the | | | | |