Blue Book Vs. Black Book Car Values

Do you want to trade or sell your vehicle near Omaha? Whether you are ready for something new or no longer need your car, you may receive two types of estimates throughout your research: Black Book car values and Kelley Blue Book values. In the following guide, Sid Dillon Cadillac-fremont will help you distinguish between the two types of trade-in valuation options. If you have any questions, you are always welcome to contact us.

What Is Kelley Blue Book Value?

The Kelley Blue Book trade-in valuation is commonly referred to as just the “Blue Book” trade-in valuation. Many car dealers use it because it is free and requires no monthly payment. It ranks cars into four main categories: excellent, good, fair, and poor. That said, Blue Book valuations can sometimes be on the higher end of what is considered normal or fair, especially when buying a new vehicle. Accordingly, if you are trying to value your trade-in, you may not get as much as the Blue Book suggests, which can seem misleading to some drivers in Columbus.

What Is Black Book Car Value?

What is Black Book value? Black Book trade-in valuation is widely used by many dealers, including us here at Sid Dillon Cadillac-fremont. It often provides more up-to-date transaction information than Kelley Blue Book, making it potentially more accurate. Why? Black Book updates the dealer invoice and MSRP of vehicles weekly.

Black Book Vs. Blue Book Trade-In Value Meaning

As you can see, Black Book and Blue Book values both serve a purpose. Here is a rundown on the main differences between Black Book vs. Blue Book for your convenience:

• Black Book: Used more by dealers. Provides more accurate and up-to-date information (especially with new car pricing), thanks to weekly MSRP and dealer invoice updates.
• Blue Book: Used more by consumers because it is free. Offers a grading scale for vehicle condition from poor to excellent. KBB Instant Cash Offer adds convenience.

Trade In Your Car In Fremont

At Sid Dillon Cadillac-fremont, you can trade in your vehicle for a competitive price and upgrade to a luxurious Cadillac for your travels in Elkhorn. If you are curious about your vehicle’s estimated current value, you can use our own online trade-in calculator. Then, check out our attractive new Cadillac specials to make your upgrade even more rewarding.