Do you want to trade in your current vehicle before purchasing a new model at Capitol Hyundai? There are two trade-in valuation methods available: Black Book car value and Blue Book car value. Learn the differences between these methods with our team before visiting our dealership in San Jose. If you have any questions about the following information, please let us know. Our goal is to make the trade-in process as simple and stress-free as possible!
The Kelley Blue Book trade-in valuation is commonly referred to as 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 valuation sometimes is on the higher end of what’s considered normal or fair, especially when buying a new vehicle. Accordingly, if you’re trying to value your trade-in, you may not get as much as the Blue Book valuation would suggest, which can seem misleading to some Los Gatos drivers.
What is Black Book car value? Black Book trade-in valuation is widely used by many dealers. It often provides more up-to-date information about car and truck transactions than Kelley Blue Book, making it potentially more accurate. Why? Black Book updates the dealer invoice and MSRP of vehicles weekly.
As you can see, Black Book and Blue Book car values both serve a purpose. Here’s a rundown on the main differences between Black Book vs. Blue Book for your convenience:
Are you ready to start the trade-in process and be one step closer to the new vehicle you want to drive in San Jose and Campbell? Call 408-266-5200 or contact us online today to schedule an appointment. If you have questions at any point during the valuation or purchasing process, please let us know. Our team is ready to help! We also encourage you to browse our latest offers and incentives and learn about owner benefits.
