AUTO VALUE GUIDE ..BEFORE WE LOOK UP..CLEARING UP SOME CONFUSION AND SOME DEFINITION OF TERMS!

THERE ARE MANY DIFFERENT "VALUES" BANDIED ABOUT WHEN TALKING ABOUT A CAR'S VALUE!.

WE'VE ALL HEARD THE PHRASE;

"IT'S WORTH WHATEVER SOMEONE WILL GIVE YOU FOR IT".

NO WHERE IS THAT MORE TRUE THAN IN THE AUTOMOTIVE WORLD !.CARS FREQUENTLY SELL FOR MORE OR LESS THAN"THE BOOK VALUE" DUE TO SUPPLY AND DEMAND REASONS,LIKE ANY MERCHANDISE IN THE FREE MARKET.

IN SOME COUNTRIES THE AUTOMOBILE MARKET IS MANIPULATED BY GOVERNMENT REGULATION AND PRICES ARE NOT OPEN TO MARKET FORCES.Even in the U.S. regional tastes and dealership territories change resale prices.

But One Of The Main Sources Of Confusion Is :

PEOPLE DON'T DISTINGUISH BETWEEN WHICH BOOK VALUE.

Let Me Tell You ...THE DEALERS DO!.

Is There Confusion ? YOU BET.

Does That Benefit The pros? YES.

And The Auto Finance Industry? YUP.........

But only if you don't take the time to know the terms! Start Here .


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Price Trends

Overall Relevant Price Trends 2001-2011.

From U.S. Bureau of Labor Statistics

U.S.Gas Prices Regular Unleaded U.S.New Car+Truck Prices U.S. Used Car+Truck Prices

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