Contains original equipment configuration and specification information for currently released models back to model year 2002, as well as the last published retail and invoice values for domestic and import cars, light duty trucks and sport utilities. View details of this 20 mercedesbenz gclass on canadian black book classified listings. Knowing your tradeins value before you visit your new car dealer is essential. Its the goto source for retail and invoice values of domestic and import cars, lightduty trucks, vans and sport utility vehicles. Basically, the black book is used to find out a car s actual value in accordance with major dealer auctions from all over the country. View details of this 2016 chevrolet equinox on canadian black book classified listings. 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. I am a fairly new dealer in this used car business, and have faced numerous obstacles and difficulties getting my business off the ground. This service helps you attain and compare used car tradein values for vehicles up to 14 years old. The blue book started with just used car ratings and values, but evolved to include new prices. Black book acquires their pricing data from wholesale auctions, and retail. They assess the appearance of a car, its mileage, and the present mechanical condition.
About black book powering the automotive industry since 1955. 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. Black book activator certain dealerships or used car lots that sign up for black book resources can opt into this program. This indispensable industry resource offers pricing and specifications on current model year vehicles. Canadian black book nikola reveals its considering an electric pickup of its own of course somebody crashed this 707hp. They have been around since 1918, while black book started in 1955. 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. Its an argument thats been around ever since augustus took his new whip off the lot. Black book used car values kelly black book nadaguides. This information is now also available online by subscribing to our online services.
Shop a huge selection of new and used cars, trucks, and suvs from across canada. Having been in the automotive industry since 1955, black book continues to innovate to serve the evolving needs of their customers. 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. Accurate residual forecasts and current wholesale values retained value performance on your fleet vehicles is important, but market downturns make it hard. 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. To reach out to more potential clients, the canadian black book is known to publish issues every two months. The 20 black book associates in the department also handle new car data processing, technical support, quality control and programming.
Black book values welcome to canadian black book, the definitive source for unbiased vehicle pricing and valuations in canada for over 55 years. The company was founded in 1946 and currently manufactures more than 140 million units every year. Private individuals cannot purchase the black book directly, so they must rely on third party companies or other assistance in. Estimates are available for used cars in extra clean, clean, average and rough conditions.
The printed canadian blue book is the definitive pricing guide for dealers of new and used motorcycles, snowmobiles, atvs and watercraft. Lets say that you drive a 2014 ford f150 but youre interested in buying something new. The kelley blue book gets more traffic when it comes to being used by buyers. The red book could prove useful if you want to know how much your old rig is worth. Your complete source for auto information formerly canadian driver. The car guide is the benchmark of excellence for the canadian automotive landscape. Canadian dealers call for government assistance during.
Guide to black book car values lovetoknow new and used cars. Black books cars of particular interest cpi collectible vehicle value guide offers pricing on vehicles dating from 1946 to current model years. Black book data and mobile apps buy now and fuel your business. Kelley blue book canada an easier way to check out a cars. Top 3 tools to determine your cars value car news auto123.
At the canadian international auto show, canadian black book cbb announced that it will begin allowing its brand to be featured on select vehicle window stickers at used car lots nationwide. The used car prices black book and blue book values serve different purposes. However, the canadian black book is a publication released every two weeks to dealerships, insurance companies and auto wholesalers only. Some of the popular cars hyundai manufactures include the sonata, santa fe, elantra and the fgv1. Canadian black book has good news if youre buying a vehicle, bad news if you. 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. Toyota is a japanese car maker that ranks among the highest volume manufacturers in the world.
However, unlike previous downturns in the economy, the unknown is the impact of social distancing on consumer buying behavior. Kelley blue book canada an easier way to check out a car. Bcaa the british columbia automobile association is a member of the canadian automobile association caa and the american automobile association aaa, serving members in british columbia and the yukon. Used 2011 bmw 1 series now costs more than a brand new. 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. This memberonly service provides used car tradein values for vehicles up to 14 years old. Both the black book and the kelley blue book can help in. Used car book values new cars, used cars for sale, car. View details of this 2019 toyota corolla on canadian black book classified listings. Black book used car values new cars, used cars, car. New cars for 2020 2021 motor trends new car buyers guide can help you narrow down your choices when deciding on your next new car. Otherwise, it might be preferable to use black book and save your money. Choose a vehicle model below to view comprehensive car.
Black book finance advance gmac is the only lender that recognizes black book used vehicle values, and this publication will tell you what gmac will lend on a certain year, make, and model vehicle. There is such a thing as the canadian blue book, but it focuses on values for small motorized vehicles like snowmobiles and motorcycles. Canadian market used car and truck values 20181984. But the black book cpi is my mainstay in determining the true value of any rare or unusual vehicle which i buy or sell. Simply put, the canadian black book best retained value awards. The blue book, although being used the most, is usually thought as a little less accurate in their prices. This is a first for canadian black book using our brand directly on a vehicle to help the consumer make a smart buying decision, said kathy. I use the kelley blue book and the black book for used car valuation. New vehicle sales, however, are expected to plummet in the coming weeks as consumers stay home or hold off on new car purchases. The hyundai auto canada corp distributes hyundais cars across canada and is headquartered in ontario. We ve partnered with several of canada s leading financial services providers so that we can provide the best, most competitive auto financing rates possible. Brian murphy, vp of research and analytics at canadian black book, credits improved vehicle quality and an uptick in auto leasing in 2016, when roughly onethird of all new vehicles were leased. The expectation is that there will be a supply chain impact on new cars and an affordability problem for new sales, so dealers are preparing for an increase in demand for affordable, quality used units. Get a black book dodge ram 1500 appraisal new cars.
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. Accurate canadian red book is the vehicle valuation guide of choice for canadian governments, insurance companies, financial institutions, auto dealers and appraisers. We are the all canadian automotive resources directory. Blue book value is notably related to kelly blue book car values derived from vehicle auctions that run in the america, versus canadian black book values, which are based off of canadian auction sale prices. After world war ii, ford motor companies gained a majority share in the ford motor company of canada and further plants in canada were opened. View details of this 2020 chevrolet equinox on canadian black book classified listings.
The canadian black book roster is an excellent tool for determining just how big or small a hit the car you own, or are considering, might take. Toyota big winner in canadian black book ratings wheels. Acura alfa romeo amc audi bmw buick cadillac chevrolet. Automotive data with black book powering the auto industry with. It was to become the largest dealership in the world and, along the way, spawn a need for placing values on used and even new cars, known as blue book values. If you dont know how the industry appraises cars, you wont be able to effectively negotiate your current car s appraisal value. Powered by carfax canada, red book provides the information our clients need in two simple, easytouse formats. The kelley blue book is the most popular used car buying guide. 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 the canadian black book value of your vehicle through go auto. Black book provides the wholesale or auction value of your car, which is the amount a dealer might pay for it. A 1985 graduate of the university of georgia, compton earned a bachelors degree in management information systems. Toyota big winner in canadian black book ratings the star.
New vehicles are holding their value better than ever, says canadian black book. Mar 11, 2020 the canadian black book is the closest equivalent to the kelley blue book. Adesa is beginning to reopen their digital sales this week at select locations sales rates at the digital sales that have remained open continue to trend low canadian black book classified listings. 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. The black book was established in 1955 by three businessmen in gainesville. Class, innovation and performance sporting elegance. Vehicle depreciation is the single biggest newcar expense but most owners dont realize. Canadian black book provides free car values, new and used car prices, and vehicle listings. Tradein value when you want to trade your car to a dealership.
New car sales, used car prices could fall by record levels due to covid19. 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. To generate a vehicle value, please use our free tools on. In the usa, kelley blue book seems to be the number one used auto pricing resource while in canada insurance companies and banks etc. Compare real, custom auto loan offers from up to 5 lenders in minutes. The best tool to determine your cars value car news auto123. Honda was also one of the first brands to release a luxury car in 1986, namely the acura.
Kelly blue book now operates in canada, and the trade values between the 2 tools should be similar. Lynn faeth, owner of the scout connection dealership in iowa, had this to say on the two uses. If you dont know how the industry appraises cars, you wont be able to effectively negotiate your current cars appraisal value. Toyota is a very popular japanese automotive brand with headquarters based in japan. Step 1 simply tell us a bit about your vehicle make, model, year and trim. Welcome to canadian black book, the definitive source for unbiased vehicle pricing and valuations in canada for over 55 years. 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. The cars are sold and serviced by 192 canadian dealerships. However, the kelley blue book doesnt have a direct counterpart in canada. The model c was the first vehicle to be produced in canada, with the company going on to establish its own subsidiaries in australia, new zealand, south africa and india. We offer free price and valuation tools where new and used car shoppers can look up the. The average value of a fouryearold vehicle in canada is. Canadian black book is a service that allows drivers to learn the estimated value of their preowned vehicles aka their canadian black book value.
Canadian black book covid19 update, is published in the dealer. Visit canadian black book and select a make and a model to find the right car that suits your need. At march 2020 month end, canadian black book is taking the opportunity to update our clients and the auto sector with our current auto industry outlook for canada. Not only do they sell a range of performance vehicles, but they also manufacture a wide range of cars and commercial trucks. Black book values focuses on data points that can help lenders and dealers better identify vehicles with lower risks and higher potential profitability. For 2020, the overall brand awards for car go to toyota. Canadian black book financial is the auto financing arm of canadian black book canada s trusted source for auto values for more than 55 years. An updated version of this article is now available. Both books claim to be the more accurate source of used car pricing guides. Over 90% of the fleet management and rental car industry use black book. We have an extensive listing of new and used car dealers throughout the canadian provinces. Canadian car prices new and used car information blue book. Heres a look at just how trustworthy it is plus a comparison with the competition.