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24 December 2010, 07:53 AM
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#1 |
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"TRF" Member
Join Date: Aug 2009
Real Name: Chris
Location: Champaign, IL
Watch: 16610lv
Posts: 818
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Vehicle 'Black book' Value?
Hi Folks,
I'm not in the market right now, but this spring I'll be looking for a used vehicle. I understand that there is a 'Black book' out there which list what vehicles are going for at auction. Does anyone know about this? Cheers- Chris |
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24 December 2010, 08:00 AM
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#2 |
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Banned
Join Date: Nov 2010
Location: Kingstown
Posts: 58,277
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Pretty much all dealers have it.
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24 December 2010, 08:30 AM
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#3 |
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"TRF" Member
Join Date: Apr 2010
Location: Chicago
Watch: GMT IIC
Posts: 370
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Chris -
Is the Black Book different than the Blue Book? I know that Blue Book refers to the going price.
__________________
"He who fights with monsters might take care lest he thereby become a monster." Friedrich Nietzsche 
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24 December 2010, 08:44 AM
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#4 | |
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"TRF" Member
Join Date: Nov 2009
Real Name: Jim
Location: Naples, FL
Posts: 1,796
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Quote:
PM sent! |
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24 December 2010, 09:04 AM
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#5 | |
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Banned
Join Date: Nov 2010
Location: Kingstown
Posts: 58,277
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Quote:
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8 January 2011, 04:14 AM
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#6 |
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"TRF" Member
Join Date: Apr 2010
Location: USA
Watch: Smurf
Posts: 432
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Banks usually go off of a car's black book value. Blue Books are usually made availiable to the public where the black book is much harder to get a hold of if you're not in the car/fianance industry.
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8 January 2011, 04:58 AM
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#7 |
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"TRF" Member
Join Date: Jul 2009
Location: SoCal
Watch: 118206 - 15200
Posts: 253
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manheim?
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8 January 2011, 05:16 AM
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#8 | |
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Banned
Join Date: Nov 2010
Location: Kingstown
Posts: 58,277
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Quote:
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8 January 2011, 01:19 PM
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#9 |
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Member
Join Date: Jan 2010
Real Name: Chris
Location: Wichita Falls,TX
Watch: Rolex,PAM
Posts: 525
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I use black book every day to appraise vehicles...i probably bid 10 or so a day on average. The black book is basically a printed guide of auction avergaes by make and model with mileage deductions for each year by class or category in the rear. Its a handy tool that has been around for years. Funny thing is most of my banks use NADA to deternine how much they will loan on a car when someone is buying it! I actually compile all data when valuing a vehicle...blue book,black book,NADA,and Manheim to get the best idea of what the actual value is.
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