One of the more popular search terms that brings visitors to the ValueIreland.com website is “car book value ireland” or some combination of these words.
I guess this is where people are trying to find out how much they’re cars are worth if they were to sell them.
You’ll hear about “the blue book” from those who “know about cars”.
If you’re trying to sell your car at the moment and upgrade, or downgrade, you can ignore the “blue book” and anything close to the “book value” of your car.
Your car today is worth whatever someone is willing to pay for it – and like you’re house, that’s probably not a lot.
If you try to trade in your car, you may find that a garage will offer you a derisory amount for your car. You can look at this a few ways – that’s what it’s actually worth in the current market, or the garage is only going to pay you that amount because times are tough, or they’re offering you such a low amount because they just don’t want your car hanging around their showroom once you’re gone.
All these tactics are legitimate – there’s no obligation on a garage to offer you any particular amount for your car. The “book value” of a car is just a guideline amount, but market considerations will always apply first and foremost.