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. Blue Chip Indicator

    A formal gauge or measure of the performance of a selected group ...
  4. Public Book (Of Orders)

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

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

    Requests for information sent out by the Securities and Exchange ...
Related Articles
  1. Personal Finance

    Are Kelley Blue Book Values Accurate and Reliable?

    It’s the most popular used-car buying guide. Here’s a look at just how trustworthy it is – plus a comparison with the competition.
  2. Investing

    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.
  3. Personal Finance

    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.
  4. Investing

    Luxury Cars with the Best Resale Value

    Autos rarely appreciate in value. But if you want a set of wheels that'll least hold its value over time, these cars can go the distance.
  5. Investing

    This Blue Chip Is Up 16% Since January -- Is It Still A Buy?

  6. Managing Wealth

    What does "Blue Chip" Mean?

    Describing a business as “blue chip” comes from the game of poker, where blue chips are the most valuable.
  7. Managing Wealth

    Cars That Depreciate In Value The Most

    You can't avoid depreciation on your car, but you can avoid certain models that depreciate in value a lot.
  8. Markets

    Book Value: How Reliable Is It For Investors?

    In theory, a low P/B ratio means you have a cushion against poor performance. In practice, it is much less certain.
  9. Entrepreneurship & Small Business

    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.
  10. 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.
RELATED FAQS
  1. Should I care about the book value per common share when dealing with a blue chip ...

    See why shareholders of any listed company, even owners of blue chip stock, should care about what the book value per common ... Read Answer >>
  2. What is the automotive sector?

    Explore the automotive sector, which includes manufacturers, retailers, wholesalers and original equipment manufacturers, ... Read Answer >>
  3. 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 >>
  4. 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 >>
  5. Why is the automotive sector a good choice for value investing?

    Discover the reasons that make the automotive sector a good choice for value investing. The automotive sector is highly leveraged ... Read Answer >>
  6. 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 >>
Trading Center