Having been in the automotive industry since 1955, black book continues to innovate to serve the evolving needs of their customers. Get used car, truck and suv values with edmunds car value appraisal tool. Its not the listed price of a vehicle that matters what matters is what it sold for. There are two valuable sources for gathering information about the value of your used car. The following is a simple 2 steps tradein calculator powered by canadian black book which is the leader in vehicle appraisals in toronto, ontario, canada. The 20 black book associates in the department also handle new car data processing, technical support, quality control and programming. This valuewhich is based on sales data, auctions, brand equity, and the pricing of similar vehicles across canadais the most accurate estimate a consumer is likely to find. Get used car values from black book with our car pricing guide and compare black book to kbb and nadaguides, two other popular valuation sources. Used cars are holding value better than ever, according to canadian. If you dont know how the industry appraises cars, you wont be able to effectively negotiate your current cars appraisal value.
Basically, the black book is used to find out a cars actual value in accordance with major dealer auctions from all over the country. This is my first time doing this, but it doesnt sound fair. Shop for new cars and new car prices at kelley blue books. Data black book acquires their pricing data from wholesale auctions, and retail. Welcome to canadian black book, the definitive source for unbiased vehicle valuations in canada for over 55 years. By providing current car values as well as forecasting predictions, black book values is uniquely positioned as an onestopshop for businesses that need to accurately manage and weigh risks associated with their physical inventories and lending obligations. But the black book cpi is my mainstay in determining the true value of any rare or unusual vehicle which i buy or sell. You are now able to get an accurate, free forecast of the value of your vehicle over the next 3 years. The canadian black book is the closest equivalent to the kelley blue book. Research the latest new car prices, deals, used car values, specs and more. New car prices and used car book values nadaguides. Black book values ontario april 2020 allclassifieds.
To reach out to more potential clients, the canadian black book is known to publish issues every two months. Select the car you want to price and get an instant valuation. Black book provides the wholesale or auction value of your car, which is the amount a dealer might pay for it. Compare real, custom auto loan offers from up to 5 lenders in minutes. Dont be confused and attempt to find the price of your car on the canadian blue book, as it is unlikely to list your vehicle. The best tool to determine your cars value car news. A 1985 graduate of the university of georgia, compton earned a bachelors degree in management information systems. Youll get full access to resources that can help you prepare for a private sale or a trip to the dealership, negotiate the best deal possible.
Whether you prefer to access your valuation data online or in book format, canadian red book. Though variables like odometer readings, damage history and location can greatly influence the trade in value, the average is a good way to gauge roughly how much it will trade for. More consumers rely on the kelley blue book, but both can provide helpful pricing information. May 27, 2010 pat foran on the canadian black book of car prices. But nowadays consumers have a lot more tools and information. Black book powers the automotive industry with the most precise data and analytics in the market, reducing risk, increasing profitability and fueling growth with flexible solutions that drive intelligent decisions.
The black book value is sometimes lower than what a dealer. Determine your cars total loss value using the canadian black book s tool. An ama membership gives you full access to resources that can help you prepare for the trip to the dealership, negotiate the best deal possible, and protect your new purchase. Get the kelley blue book value for your used car or tradein vehicle, find tools to help you with buying or. The most reliable cars used car buyers guide exotic car values classics 19461983 u. An ama membership gives you full access to resources that can help you prepare for the trip to the dealership. May 11, 2018 a new usedcar program by canadian black book will allow usedcar buyers to use their smartphones to quickly see the cbb value of the used car theyre looking at, the company announced this week. Apr 03, 2014 basically, the black book is used to find out a cars actual value in accordance with major dealer auctions from all over the country.
Canadian black book is a service that allows drivers to learn the estimated value of their preowned vehicles aka their canadian black book value. Edmunds in general, youll find that the kbb values are similar to those provided. Black book used car values new cars, used cars, trucks for. Their pricing and value data includes statistical analysis that allows for current and timesensitive changes in historical valuation to be easily understood resulting in reliable predictors of values and potential risks. Canadian market used car and truck values 20181984. The chevrolet corvette celebrated its 25th year anniversary in 1978 and was chosen to pace the indy 500. The kelley blue book gets more traffic when it comes to being used by buyers. Founded in 1917, the national automobile dealers association represents the interest of new car and truck dealers to the public, the media, congress and vehicle manufacturers. About black book powering the automotive industry since 1955. This information is now also available online by subscribing to our online services online access service individual modules. After all, after a house, a new automobile is undoubtedly the second most expensive purchase the average canadian consumer makes in their lifetime. Carfax canadas free value range tool provides a realistic idea of your used cars value based on what similar models have actually sold for nearby. Price comparison has always been part of buying a used car. Enter a car and a zip code to find out how many active listings there are in your area.
They assess the appearance of a car, its mileage, and the present mechanical condition. We are the all canadian automotive resources directory. Determine your vehicles value on canadas most accurate vehicle valuations tool. The used car prices black book and blue book values serve different purposes. Ultimately, whether its black book or kelley blue book used car values, your tradein value is dependent on several factors including make, model, year, condition, accessories and mileage. Chevrolets car sales rose to 2,341,035, and 46,776 of these were corvettes. The price a used car is listed at isnt usually what it sells for. Kelley blue book canada an easier way to check out a cars. Canadian car prices new and used car information blue.
The average value of a fouryearold vehicle in canada is. Powered by canadian black book the industry leader in residual values for more than 55 years it takes just a minute to get the tradein value estimate for your vehicle. Vehicle trade in calculator canadian black book toronto. Nada guides is the leader in accurate vehicle pricing and vehicle information. A new usedcar program by canadian black book will allow usedcar buyers to use their smartphones to quickly see the cbb value of the used car theyre. Powered by carfax canada, red book provides the information our clients need in two simple, easytouse formats. Jared kalfus serves as black books executive vice president of revenue, where his responsibilities include oversight of the revenue producing sales verticals that are focused on licensing data to automotive oems, auctions, value added resellers, dealer groups, captive finance companies and other automotive and consumer financial institutions throughout the us and canada. Get used car values with edmunds car value appraisal tool. Whether youre trading your vehicle in at a dealer or planning to sell it, edmunds makes it easy to. Carfax canada true value provides a realistic idea of your used car value that considers its history and recent selling prices for similar cars. Cargurus is the leading online automotive marketplace that helps consumers find great deals and connect with toprated dealers. Both the black book and the kelley blue book can help in.
Get a used car value range and average thats based on how much comparable vehicles have sold for in your area. The best tool to determine your cars value car news auto123. It also provides usedcar sales appraisals and new car buying information to consumers. Search and compare hundreds of new car vehicle categories and models. Dec 15, 2015 and its less than half of what theyre quoting us for the new car. The tradein value or tradein price is your free tool to help you when you intend to tradein your car for a new or used car from a dealership.
Knowing your tradeins value before you visit your new car dealer is essential. Pat foran on the canadian black book of car prices ctv news. Canadian used car and truck prices wholesale and retail. Black book values focuses on data points that can help lenders and dealers better identify vehicles with lower risks and higher potential profitability. Both books claim to be the more accurate source of used car pricing guides. Based on the information you provide, cbb calculates the tradein value, future value the expected longterm value of your vehicle purchase, reflecting. Lets say that you drive a 2014 ford f150 but youre interested in buying something new. Tradein value when you want to trade your car to a dealership. While some consumers may prefer one of these sources to the others, you might consider getting quotes from more than one to get a more accurate idea of a vehicles worth. Based on the black book value of a gmc, this is the amount you can expect to receive for yourgmc if you sell it to the dealer at the same time you are purchasing a new.
Welcome to canadian black book, the definitive source for unbiased vehicle pricing and valuations in canada for over 55 years. I use the kelley blue book and the black book for used car valuation. Based on the black book value of a gmc, this is the amount you can expect to receive for yourgmc if you sell it to the dealer at the same time you are purchasing a new vehicle. All black book customers get access to our developer portal, which provides developers an intuitive environment for easing the integration of black book data into your product. Canadian black book values crosstown chrysler jeep dodge. Thats why its so important for prospective car buyers do their homework ahead of time. How do i know if the dealer is offering fair value for my. We offer free price and valuation tools where new and used car shoppers can look up the. Canadian black book and autonet provide values for both new and used vehicles. Black book provides values for both new and used vehicles, including cars, light trucks, and collectible vehicles produced since 1946, motorcycles, atvs.
Apr 15, 2020 based on the black book value of a bmw, this is the amount you can expect to receive for yourbmw if you sell it to the dealer at the same time you are purchasing a new vehicle. In under 30 seconds your can get a instant vehicle value report to find out what your car is. However, the canadian black book is a publication released every two weeks to dealerships, insurance companies and auto wholesalers only. Pat foran on the canadian black book of car prices. In the usa, kelley blue book seems to be the number one used auto pricing resource while in canada insurance companies and banks etc. Get the canadian black book value of your vehicle through go auto. A tradein value is lower than the retail asking price because it reflects vehicle reconditioning, repairs, transport, interest charges, andor commissions required to sell the vehicle. We have an extensive listing of new and used car dealers throughout the canadian provinces. Looks new and is in excellent mechanical condition. Car prices and values for trucks and suvs canadian black book. The dealer may provide you with a higher or lower appraisal based on the condition of the vehicle. This value which is based on sales data, auctions, brand equity, and the pricing of similar vehicles across canadais the most accurate estimate a consumer is likely to find. Whether you are shopping for your next car or are looking to understand what your current vehicle will be worth in the future, canadian black book s future value tool can help with that.
Kelley blue book canada an easier way to check out a car. If youre selling a used car, you need to know how much it is worth. They have been around since 1918, while black book started in 1955. Visit canadian black book and select a make and a model to find the right car that suits your need. Lynn faeth, owner of the scout connection dealership in iowa, had this to say on the two uses. We provide black book trade in value and market value, so you can get the most out of your used car. Find out what your car is worth at, the trusted resource for used car values. The black book also supplies price quotes, but its main customers are car dealers who use the listed wholesale prices as a. See the latest and greatest features of the newly redesigned cars, trucks and suvs headed to a dealer near you in 2019. New vehicles are holding their value better than ever, says canadian black book.
We analyze hundreds of thousands of used cars to calculate the cargurus instant market value and estimated tradein value of any car. With the large number of new hightech vehicles on the market, its easy to lose sight of your original needs. An updated version of this article is now available. Canadian black book provides free car values, new and used car prices, and vehicle listings. Black book used car values kelly black book nadaguides. Based on the black book value of a bmw, this is the amount you can expect to receive for yourbmw if you sell it to the dealer at the same time you are purchasing a new. Easily connect your product in infinite possibilities. Black book apis easily connect your product in infinite. Black book used car values new cars, used cars, trucks. Blackbook tradein value go auto new and used cars for. Used 2011 bmw 1 series now costs more than a brand new. The printed canadian blue book is the definitive pricing guide for dealers of new and used motorcycles, snowmobiles, atvs and watercraft. Nada blue book values for used cars, certified preowned cars and more, brought to you by the national automobile dealers association. Canadian wholesale used vehicle prices car blue book.
This memberonly service provides used car tradein values for vehicles up to 14. Canadian black book is expanding its conversation with consumers with the launch of its unique validated value program, which will affix special stickers on used vehicles that consumers can. Canadian red book is the vehicle valuation guide of choice for canadian governments, insurance companies, financial institutions, auto dealers and appraisers. The kelley blue book is a car valuation guide for new and used cars from the consumers side, supplying prices of cars based on the specifications of the particular vehicle. Getting a tradein estimate for your vehicle is as easy as 123. Canadian black book established as a source for vehicle values specifically for the car industry more than 50 years ago, cbb now offers new and used vehicle values to consumers as well.