What does Blue Book mean?
The Blue Book’s predecessor is the well known “Kelly Blue Book”. Although 20 years ago it was an accessible guide only to those directly involved in the field of automotives, it has by now become a manual reachable for everyone. The Blue Book is basically a handbook which comprises a list displaying the pricing of various types of automobiles.
Blue Book explained
The blue book has become a piece of resistance in the US, but it has proved very useful not only for the citizens but also to insurance companies. These companies usually “guide” themselves by what is in the blue book especially in the case a car is implied in an accident, and then they check for the price of the respective model to measure whether it is a better option for them to pay for the repairs, or simply total loss is a much better option. Checking the blue book is important in order to avoid a bad business transaction as well.