The Blue Book

The Blue Book is a comprehensive guide used primarily in real estate and appraisal industries to determine property values. It provides standardized pricing information for new and used cars (in the automotive context) or serves as a reference for property valuation in the real estate sector. The book compiles market data, trends, and valuation formulas to help professionals assess fair market prices accurately. Its main goal is to promote consistency and transparency in pricing, ensuring buyers and sellers have a reliable benchmark for negotiations and transactions.