
Blue Book Cost Index
The Blue Book Cost Index is a measure that tracks changes in the typical costs associated with vehicle repairs, particularly for insurance claims. It reflects the prices of parts, labor, and other expenses involved in fixing vehicles over time. When the index rises, it indicates that repair costs are increasing; when it falls, costs are decreasing. This helps insurance companies, repair shops, and automotive professionals estimate and adjust the fees they charge or pay, ensuring accurate and current pricing based on recent market conditions.