When it comes to buying either a brand-new car or a used one, a lot of people rely on these so-called Blue Book valuations perhaps a lot more than they should. Yes, they can be very useful in certain cases, but also equally misleading when talking about your car ownership experience as a whole.
The problem with ‘value’ in general is that it does not represent a fixed point. It always fluctuates, and worst of all, it varies. You know that old saying, one man’s trash is another man’s treasure. Put a Blue Book value on that trash and you can get a few more people to agree regarding its worth, but ultimately, it’s still either trash or treasure, if you catch my meaning.
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