Blue Book

DEFINITION of 'Blue Book'

A guidebook that compiles and quotes prices for new and used automobiles and other vehicles of all makes, models and types. Formally known as the Kelley Blue Book, it was originally only available to those in the automotive industry, but both a consumer edition and an online edition was made available in the 1990s for the general public.

BREAKING DOWN 'Blue Book'

The blue book has become the premier appraisal guide for vehicle price quotes in North America. Auto insurance companies frequently use the blue book as a benchmark for assessing the market value of a car that has been involved in a collision in order to determine whether it's worthwhile to fix the car or whether it should be written off as a total loss.

RELATED TERMS
  1. Blue Chip

    A nationally recognized, well-established and financially sound ...
  2. Limited Edition

    A copy of a work of art made from a master image, and which is ...
  3. Public Book (Of Orders)

    A book containing all of the buy and sell orders for a specific ...
  4. Blue List

    A daily digest of municipal and corporate bond offerings, market ...
  5. Blue Sheets

    Requests for information sent out by the Securities and Exchange ...
  6. Buy The Book

    An order to purchase all shares available in the market for a ...
Related Articles
  1. Investing Basics

    Top Tips for Buying or Selling a Car

    If you're selling your car or buying one, here are several tips and tools to make sure your price is the right one.
  2. Investing Basics

    How To Get A Good Deal On A Used Car

    Why are prices quoted by dealers and private sellers so disparate? Read on to find out how to use that info to your benefit when buying a used car.
  3. Budgeting

    10 Tips For Buying A Car Online

    GM's announcement to sell cars online via eBay has many consumers curious - find out how to purchase online successfully.
  4. Budgeting

    Do e-Textbooks Help Students Save Money?

    How does the price of an electronic textbook rental compare to the price of other options for acquiring the book?
  5. Entrepreneurship

    Best Books For Entrepeneurs

    Entrepreneurs wear many hats. Here are books that will help you find and manage talent, provide ultimate customer service, drive up sales, and much more.
  6. Personal Finance

    The Complete Guide To Buying A Used Car: How To Negotiate Prices

    So you've done your research, selected several makes and models of vehicles in your price range to test drive, test driven them and now you've narrowed your search for a used car down to just ...
  7. Home & Auto

    How The U.S. Automobile Industry Has Changed

    We give a brief history lesson on the rise and fall of the American auto industry.
  8. Investing

    The Difference Between Book and Market Value

    Book value is the price paid for an asset. It never changes as long as the asset is owned. Market value is the current price at which the asset can sell.
  9. Savings

    Do Oil Prices Affect The Auto Industry?

    Based on an understanding of complementary and substitute goods, the American auto industry is exhibiting expected effects from the recent plunge in the price of oil.
  10. Options & Futures

    Your Car: Fixer-Upper Or Scrap Metal?

    Sometimes buying a new car can be cheaper than shelling out for repairs.
RELATED FAQS
  1. What is the automotive sector?

    Explore the automotive sector, which includes manufacturers, retailers, wholesalers and original equipment manufacturers, ... Read Answer >>
  2. Why should an investor add exposure to the automotive sector to his or her portfolio?

    Learn more about what automotive manufacturers offer investors. Explore possible investments in automakers, auto parts manufacturers ... Read Answer >>
  3. What is the difference between book value and market value

    Learn the differences between book value and market value, and see how investors use each type to determine if a company ... Read Answer >>
  4. What are the primary risks to understand when investing in the automotive sector?

    Learn more about the automotive industry and the risks presented to investors. Find out how the auto industry has changed ... Read Answer >>
  5. How much impact does government regulation have on the automotive sector?

    Learn about how government regulation affects the automotive industry in terms of design, safety features, fuel-economy and ... Read Answer >>
  6. What's the difference between book and market value?

    Book value is the price paid for a particular asset. This price never changes so long as you own the asset. On the other ... Read Answer >>
Hot Definitions
  1. Demand Curve

    The demand curve is a graphical representation of the relationship between the price of a good or service and the quantity ...
  2. Goldilocks Economy

    An economy that is not so hot that it causes inflation, and not so cold that it causes a recession. This term is used to ...
  3. White Squire

    Very similar to a "white knight", but instead of purchasing a majority interest, the squire purchases a lesser interest in ...
  4. MACD Technical Indicator

    Moving Average Convergence Divergence (or MACD) is a trend-following momentum indicator that shows the relationship between ...
  5. Over-The-Counter - OTC

    Over-The-Counter (or OTC) is a security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, ...
  6. Quarter - Q1, Q2, Q3, Q4

    A three-month period on a financial calendar that acts as a basis for the reporting of earnings and the paying of dividends.
Trading Center