View Single Post
Old 01-11-18, 01:31 PM
zebede's Avatar
Join Date: Aug 2007
Location: Suncoast, Florida
Posts: 910

Bikes: n+1

Mentioned: 6 Post(s)
Tagged: 0 Thread(s)
Quoted: 105 Post(s)
Liked 20 Times in 18 Posts
Bike Blue Book, unlike Kelly Blue Book, is not based upon market values. Kelly Blue Book has MILLIONS of data points from used car sales, loan values, insured value. There is an industry which is built on the data (banks and insurance) and it is updated daily.

Bike Blue Book has ZERO data points and is basically a genius way of generating clicks so they can make money from ads. As pointed out above it is just an overly simple formula that has no source of data.

As a used bike market participant, I concur with the above observations that the values in the Bike Bluebook are not the value seen in the marketplace. Its strictly click bait. The owners of the sight could care less if the values are real or not. They want to appear as legitimate as possible to keep the clickers coming back.

There is no mechanism for them to receive data from the marketplace, they are making the stuff up!
zebede is offline