larryh1108
Member
I believe blue book values as much as I believe the news.
Think about it.
Kelly Blue Book, the auto industry bible, is the go-to place to find out car values.
Printed for the car industry by the car industry.
Trade in a car?
Blue Book says it's worth $5000.
You see the same car with the same miles in the same condition advertised for $8995.
You go to the car auction and see the same car sell for $6200 and the same dealer will pay $6200 for a similar car from the auction.
So, the blue book value is actually under wholesale so the dealer can wholesale it for a profit or retail it for a huge profit.
Dealers love trade-ins. Gun dealers love trade-ins. Pawn shops love the blue books.
They use the blue books that undervalues and rips off the consumers.
Blue books are a tool used by dealers to rip off the consumer.
I loved it when the "educated consumer" walked into the dealership with pre-printed pages of blue book values.
They were already set up to be ripped off by these blue books.
Think about it.
Kelly Blue Book, the auto industry bible, is the go-to place to find out car values.
Printed for the car industry by the car industry.
Trade in a car?
Blue Book says it's worth $5000.
You see the same car with the same miles in the same condition advertised for $8995.
You go to the car auction and see the same car sell for $6200 and the same dealer will pay $6200 for a similar car from the auction.
So, the blue book value is actually under wholesale so the dealer can wholesale it for a profit or retail it for a huge profit.
Dealers love trade-ins. Gun dealers love trade-ins. Pawn shops love the blue books.
They use the blue books that undervalues and rips off the consumers.
Blue books are a tool used by dealers to rip off the consumer.
I loved it when the "educated consumer" walked into the dealership with pre-printed pages of blue book values.
They were already set up to be ripped off by these blue books.
