Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Joined
May 16, 2005
Messages
17,313
From the little I have gleened over the years there is a black book and it seems most dealerships use this AND it has a really low number... or they look at the number and put a discount on it before offering it to you...
NADA- vehicle values on vehicle makers lot only.
Red Book- vehicle values on dealer lots-any makers.
Black Book- wholesale values used by most dealers- auction results driven
Edmonds- Vehicle values on all reporting dealers-new and used lots
Kelly Blue Book- Dealer asking price, private party price, wholesale price.
I am sure there are more, just these are the ones I have used in the past.
From the little I have gleened over the years there is a black book and it seems most dealerships use this AND it has a really low number... or they look at the number and put a discount on it before offering it to you...