10-30-2012, 09:35 AM
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#9 (permalink)
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A True Z Fanatic
Join Date: Jun 2009
Location: californee way
Posts: 5,380
Drives: 370, Leaf
Rep Power: 31
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Quote:
Originally Posted by Red__Zed
So, like we've discussed, black book is based on auction prices. High demand cars like Prius' and supras and foxbody mustangs will tend to be undervalued on blue book because they use a fairly consistent formula. That doesn't mean blue book as a whole tends to overvalue cars.
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I was on your side until I went car shopping the last two months. The prices were roughly the same for my Z and the Cube (which I eventually traded). The blackbook consistently came in HIGHER than the bluebook on all three cars. Also on the newer car I bought, the blackbook prices were so high that they were near some of the retail prices. I am not sure of the change either. I have this theory that bluebook got so popular that the dealer paid them to lower the prices so they can get more deals done.
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