Car Buying Tip: Throw away the Blue Book

-link">sales of cars state by state. If you compare
You can save money on you next car if youBlack and Blue book pricing, you will consistently
have the same tools the dealers use. Car Buyingsee that Blue Book pricing skews in the dealers
Tip: Throw out the BlueBooksfavor. That is how a dealer can sell so many used
Pretty much any article you see on buying usedcars at “below Blue Book value” .
cars recommends research, research, research. IBlue Book pricing is all over the internet, where do
agree, just make sure you are using the correctI find Black Book pricing? I have found the best
tools to do your research. The Blue Book is notand most trustworthy source for Black Book
the right tool. Many websites are out there thatpricing to be credit union websites. Here is an
will give you Blue Book pricing, cars.com, kbb.com,example (note you dont have to enter a vin
What do all of these sites have in common, theynumber, just select the year and boxes to enter
all make money from advertising. Who pays forthe make and model will pop up.)
all of that adverstising? Car dealers andSo do your research, but just make sure you are
manufacturers, so is it any surprise that thedoing it on websites that are not trying to make
“used car pricing” on these sites is skewedmoney off of you. Personally I have also found it
to benefit these advertisers.useful to purchase a car at the end of the month.
What is Black Book pricing? Its the pricing guideSalesmen and Dealers have quotas to make, they
that dealers use to value used car trade ins. Itsare more likely to let one go cheap at the end of
also used by banks and credit unions to value athe month.
car for a loan. It is comprised by looking at actual