Get a used car value range and average thats based on how much comparable vehicles have sold for in your area. The used car prices black book and blue book values serve different purposes. Basically, the black book is used to find out a cars actual value in accordance with major dealer auctions from all over the country. 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. The black book on the other hand, is a dealer driven book. Kelley blue book new and used car price values, expert. 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. Used vehicle retention index black book used car values. Currently available in xmlsoap format, our vindecoding apis come with critical. See the latest and greatest features of the newly redesigned cars, trucks and suvs headed to a dealer near you in 2019. Learn why the famous cap hpi black book gives the essential used car valuations for your business. However, the blue book also provides figures on new cars and privateparty sales and its rating system on used car conditions is different from the black books.
Enter your cars information and instantly get a value estimate. Check car prices and values when buying and selling new or used vehicles. This service helps you attain and compare used car tradein values for vehicles up to 14 years old. The kelley blue book and black book are both price guides for used vehicles, but theyre used in radically different ways. Nada guide, black book and kelley blue book compared autoblog.
These values are calculated from the same black book data dealers use to appraise vehicles, giving you the best estimated value. Canadian black book offers uptodate new and used vehicles from car dealerships across canada. Find your next vehicle from our classified listings using our advanced search filters and locate a car right in your city. Using black book to appraise your used car knowing your tradeins value before you visit your new car dealer is essential. The pricing deals with wholesale values and the most up to date car sales. Black book new car lite black book used car values. Shop for new and used cars, trucks and suvs on one of canadas largest automotive classified sites. Estimates are available for used cars in extra clean, clean, average and rough conditions. New cars are great, but used cars offer big financial advantages thanks to depreciation. Black book values service offering differs from nadaguides in the fact that they do not offer direct to consumer services. A benchmark value for used vehicles selling in the wholesale auctions with. Lynn faeth, owner of the scout connection dealership in iowa, had this to say on the two uses. They assess the appearance of a car, its mileage, and the present mechanical condition.
The black book used vehicle retention index is calculated using black books published wholesale average value on two to sixyearold used vehicles, as percent of original typicallyequipped msrp. Kelley blue book is probably best known for trade in values and private party values for the car you already have. Nadaguides national appraisal guides and black book values offer vehicle valuation services. Tell us about features like color and mileage, and see immediately how they affect your cars value. Automotive data with black book powering the auto industry with. Visit canadian black book and select a make and a model to find the right car that suits your need. Over 30,000 dealers are currently using black book data to grow their business. It specializes in estimating the wholesale value of vehicles, which dealers can use to ensure that they make a profit when buying and selling used cars.
Price ranges based on the middle 50% of prices for our top selling yearsmakesmodels from january 1, 2018, through april 30, 2018. Blue book truck pricing guide one of the most trusted sources in the industry is kelley blue book. Unfollow black book used cars to stop getting updates on your ebay feed. If you dont know how the industry appraises cars, you wont be able to effectively negotiate your current cars appraisal value. To help you avoid financial loss, black book from cap hpi provides more accurate valuations for used vehicles with mileage, technical and spec data analysed to establish a true current value. 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. Kelley blue book canada an easier way to check out a car.
Since 1926, kbb has been the go to pricing resource for buyers and sellers of new and used cars, trucks, and suvs, helping establish a starting point for negotiations. The blue book rates the condition of a used car as excellent, good, fair or poor, whereas the black book grades used car condition as clean, average or rough. Numerous identifying specifications included with each model of vehicle. Consumers are apt to run across black book values only when they sell their cars to vehicle resellers. The black book is one of the main sources of data car dealers use to set prices for used cars and tradeins. Black book values focuses on data points that can help lenders and dealers better identify vehicles with lower risks and higher potential profitability. Frequent updates allows for faster response to market fluctuations. 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. Black books wholesale average is a benchmark value for used vehicles selling in the wholesale auctions with the vehicle quality in average.
Use canadian black books tradein valuation tool to find out what your car is worth. Leased vehicles now make up nearly onethird of newcar sales. Having been in the automotive industry since 1955, black book continues to innovate to serve the evolving needs of their customers. Still the most experienced valuation services, reflecting the most current offerings in the industry. Black books pricing deals with wholesale values and the most uptodate car sales and is usually considered to be more accurate than kelley blue book, according to carsdirect. Canadian black book is a service that allows drivers to learn the estimated value of their preowned vehicles aka their canadian black book value. The black book family of vehicle appraisal guides, widely known in the automotive industry for providing timely, independent and accurate vehicle pricing data, is published by national auto research, a division of hearst business media. Theyre all terms used to describe the estimated market value of the vehicle in question. The black book, like kelley blue book, provides a value for different used car makes and models so car dealers will know how much a vehicle is worth. Black book, best known for its wholesale usedvehicle values, is now the official valuation service for, a thirdparty internet shopping site, the companies said today. We provide black book trade in value and market value, so you can get the most out of your used car.
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. The best tool to determine your cars value car news. 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. To reach out to more potential clients, the canadian black book is known to publish issues every two months. Though seemingly similar, the black book and kelley blue book serve slightly different purposes.
From used car lots to new car dealers, they all claim to sell cars at or below blue book while buying your tradein well above blue book. Knowing your tradeins value before you visit your new car dealer is essential. Many people use this term, along with black book or edmunds tmv. Black book updates their used car prices on a weekly basis. High mileage, vehicle damage, and the cost to recondition your car for resale all have an impact on the overall value of your car. The black book was established in 1955 by three businessmen in gainesville. The kelley blue book gets more traffic when it comes to being used by buyers. Canadian black book provides free car values, new and used car prices, and vehicle listings. If you choose to sell your car yourself, the private party value stands as a starting point.
Black book is an essential tool for our dealership. Nadaguides national appraisal guides and black book values offer vehicle valuation services based on a proprietary collection of data points and professional market analysis. Thats the word from canadian black book cbb, which also notes that large numbers of vehicles coming off lease will further drive down value. I am a fairly new dealer in this used car business, and have faced numerous obstacles and difficulties getting my business off the ground. 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. Get a free new car price quote with your used car value. Find used car trade in, resell, certified preowned and retail values of used vehicles based on the condition, mileage and other factors of the car sale. That means more than 4 million of them will become available for purchase. Nada blue book values for used cars, certified preowned cars and more, brought to you by the national automobile dealers association. Otherwise, it might be preferable to use black book and save your. Select up to four vehicles to compare pricing, mpg, specs, pictures, safety features and warranty coverages. I use the kelley blue book and the black book for used car valuation. Get used car values with edmunds car value appraisal tool. Step 1 simply tell us a bit about your vehicle make, model, year and trim.
The red book could prove useful if you want to know how much your old rig is worth. Getting a tradein estimate for your vehicle is as easy as 123. Browse cars for sale, shop the best deals near you, find current loan rates and read faqs about financing and warranties at cars. We also offer the ability to find out what your car is worth in the future by using our future value tool. Value a car new cars, used cars find cars for sale and. New and used car dealers, lenders, manufacturers, fleet remarketers, and government agencies have relied on black book since 1955. The average car loses 35 percent of its value in the first three years of its life which is great news for drivers shopping for a good deal on the used market. A used car can be a great way to get a lot of bang for your buck on your next car. New and used car dealers, lenders, manufacturers, fleet remarketers, and. Black book provides values for both new and used vehicles, including cars, light trucks, and collectible vehicles produced since 1946, motorcycles, atvs, snowmobiles, personal watercraft, and heavy duty commercial. What is the difference between black book value and kelly.