Blue Book Value

Blue Book Value

The market value of an automobile as determined by the Kelley Blue Book. The blue book value is used as a guideline for car dealers and others who buy and sell used cars.
References in periodicals archive ?
Plan on being able to finance no more than 85 percent of the Vref/ Blue Book value or the agreed purchase price, whichever is lower.
If vehicle repair estimate is 75% or more of low blue book value the County Department determines if repairs are to be completed.
Its Blue Book value negligible, it wasn't worth selling outright; instead, we gave it to science, in the form of a donation to the local chapter of Habitat for Humanity.
So if the client bought a car for $35,000 in 1997 and then later gave it to a grandchild when the Blue Book value was down to $10,000, the latter figure is the only relevant one for gift tax purposes.
Captain Tony Aaron of the Brown County Sheriff s Office explained to the court that the insurance totaled the car out at an amount of $20,873; however, the claim will be paid out at $18,175 due to the blue book value given to the car minus a $500 deductible.
All something's worth is what somebody will pay--forget an appraisal, forget a Blue Book value," McMellon said.
Clark, Roberts and other dealers said trucks are being traded in at 30 percent to 40 percent lower than their Kelley Blue Book value because dealers can't sell them.
From your description, your HSc is in 95- to 100-percent condition, with a Blue Book value between $250 and $350.
Instead, the FMV was determined by the donor who used a variety of methods, such as the vehicle's blue book value or other less reliable methods that usually inflated the contribution amount.
On a slightly better note, you could end up with its blue book value for a totaled car, no transportation, and no legal recourse besides a mini-tort claim of $500.
Blue Book value 11,000 Total $216,800 LIABILITIES Student Loans (his) $6,000 Credit Cards (his) 4,700 Car Note 6,000 Credit Cards (hers) 8,000 Mortgage 141,000 Total $165,700 Net Worth $51,100
If it is damaged or otherwise doesn't function well, the valuation should be less than the blue book value.