|
Auto Loan, Book and Retail
Value
Even though the book is actually yellow, the "blue book
value" is one of the most important factors in acquiring
auto loans, RV loans and motorcycle loans. Other terms you
might encounter are loan value, book value and retail value.
Basically, these terms refer to the value of the vehicle, as
assessed by different organizations. The loan value is based
on many different factors, including make and model,
manufacturer's suggested retail price, mileage, transmission
type, and additional features like airbags and audio system.
|
