re what is the deal with blue book value of an auto in article apr news eng convex com newton convex com vicki newton writes i am in the process of buying a new auto i haven t decided yet whether i should sell my current car myself or trade it in as part of the new auto purchase i know that the blue book value for the car is an acquaintence has offered to give me blue book value for the car i am just wondering if this is a standard measure for negotiating a resale price or if i can hope to get more money from someone else what exactly is blue book value based on i know that for its year my car has low mileage it is in excellent working condition but does have a few dings on the exterior nothing major do any of these facts alter the fair selling p rice of the car i am not looking to rip anyone off i just naturally want to get the best price for the car thanks a million veek a dealer will make money off you in three ways if you let him new car markup over his cost remember his hold back arranging financing through the dealership and screwing you on the trade keep the deal with the dealer simple by eliminating buying a car at dealer s cost is meaningless if he makes on the trade and or gets a kickback from the bank blue book you need to know if you re talking average wholesale or average retail is a good guide to value for a car if you are selling it yourself try to get average retail and chances are you ll have done ok be careful selling to acquaintances if you ever want them to become friends c b fowler gtri esml chris fowler gtri gatech edu
