Black Book vs. Blue Book Trade-In Valuation

Black Book vs. Blue Book Trade-In Valuation

When it’s time to upgrade your ride, many Logan drivers are looking to trade in their vehicle and put that money towards their next pre-owned truck. Many often wonder about the trade-in value meaning and what is black book value and how it’s different from blue book values. Learn more in this guide from Truck Ranch, and don’t hesitate to contact us with any questions or to schedule an appointment.

What is Blue Book Value?

The Trade-in valuation provided by Kelley Blue Book is also known as the “blue book” trade-in valuation. This is used by many American Fork-area dealerships because it’s free and doesn’t require a monthly payment. This service ranks cars by four main categories: excellent, good, fair, and poor.

This is on the higher end of what’s considered normal or fair when it comes to buying a pre-owned pickup truck. When you want to get your trade-in value, you may not get as much as the blue book valuation would suggest, which many drivers find to be misleading.

What is Black Book Value?

When searching for the trade-in value meaning, many often ask about black book trade-in valuation, which s used by many dealerships like our team at Truck Ranch. You’ll get updated information about your car and truck transactions more than Kelley Blue Book, which makes it more accurate. This is due to the black book updating the dealer invoice and MSRP of vehicles weekly.

Black Book vs. Blue Book Trade-In Value Meaning

Both trade-in value services offer a purpose. Below is a look at the main differences between black book vs. blue book:

• Black Book: Used more by dealers. Provides more accurate up-to-date information (especially with new car pricing) thanks to weekly MSRP & dealer invoice updates.
• Blue Book: It’s free so it’s used more by consumers. Offers a grading scale for vehicle conditions from poor to excellent. KBB Instant Cash Offer provides additional convenience.

Value Your Trade-In With Truck Ranch Today!

At Truck Ranch, we’ll provide you with the highest quality of service as we work with you to trade in your current vehicle to upgrade with your next pre-owned truck. We offer handy online shopping tools that allow you to estimate your vehicle’s value, and monthly car payments, and get pre-approved for financing in minutes.

Need an instant cash offer instead of a Blue Book valuation? Visit us at Truck Ranch today.