Should I pay over bluebook value for a used car if I can't find one within bluebook price range?

Answer

No. That's nonsense. Never pay more for something than it's worth.

• There once was a king who would have given his kingdom for a horse. Anything, including a car, is worth exactly what the next person is willing to pay for it. Bluebook values are established by averaging actual prices paid. Some will be higher than average, others lower. There may be something about the vehicle that makes it more valuable to you than what the bluebook says. Perhaps it's a color that you like better than other folks. Perhaps it's the fact that there is a shortage of supply of vehicles -- or that particular vehicle -- in your area, which explains the higher-than-average price in your search location. If there is no vehicle of better value out there, then you are not overpaying, even if you are paying more than the bluebook says.

First answer by Redbeard. Last edit by Schnazola. Contributor trust: 1228 [recommend contributor]. Question popularity: 15 [recommend question]