The used car prices black book and blue book values serve different purposes. This service helps you attain and compare used car tradein values for vehicles up to 14 years old. At one time the blue book value was a used car insiders term like cream puff or. Lynn faeth, owner of the scout connection dealership in iowa, had this to say on the two uses. Canadian black book provides free car values, new and used car prices, and vehicle listings. We offer free price and valuation tools where new and used car shoppers can look up the. Kelley blue book canada an easier way to check out a car.
Research the latest new car prices, deals, used car values, specs and more. I use the kelley blue book and the black book for used car valuation. Widely known and highly respected in the industry, black book is an online leader in offering timely, independent, and accurate auto values. 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. However, the black book is now rising in popularity among everyone looking to sell or buy. Surprisingly, its been around since 1955 and was introduced by the national auto research division of hearst business media corporation. Book value get the book value of your car easily and free. Kelley blue book is the most commonly known means to get an estimated value of a vehicle. Black book provides the wholesale or auction value of your car, which is the amount a dealer might pay for it. Get used car, truck and suv values with edmunds car value appraisal tool.
Black books wholesale average is a benchmark value for used vehicles selling in the wholesale auctions with the vehicle quality in average. Get a free new car price quote with your used car value. In addition to taking a vehicles year, make, model, mileage, location and condition into consideration, carfax historybased value is powered by vehiclespecific data thats unique to carfax and tied directly to each car through its vehicle identification number vin. Used vehicle retention index black book used car values. To guide you before you buy or sell, check caaquebecs tips and list prices. Search for your next used car at, the site you trust the most. Whether youre trading your vehicle in at a dealer or. 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 is a car valuation guide that can be used to help determine the value of used cars. 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. Get used car pricing and explore thousands of car listings at kelley blue book. Both the black book and the kelley blue book can help in. Depending on the method of disposal, there actually may be more than one blue book value for the consumers car, truck or suv. Black book used car values kelly black book nadaguides. Appraising the value of a used vehicle its not easy to do your own estimate of how much a used vehicle is worth. If youre using a used car pricing guide to help you in your used car shopping process, you may be wondering which has the most accurate pricing information.
Knowing your vehicles tradein value before you visit your new car dealer is essential, as you wont be able to effectively negotiate your current cars appraisal value. Nada guides is the leader in accurate vehicle pricing and vehicle information. These values are calculated from the same black book data dealers use to appraise vehicles, giving you the best estimated value. Kelley blue book is probably best known for trade in values and private party values for the car you already have. Use the black book tool to tradein used car value online know your used car trade in value free instant online auto resale car value appraisal. Get the kelley blue book value for your used car or tradein vehicle, find tools to help you with buying or. Whether youre buying or selling a car, truck or suv, you cant get away from what wed call blue book mania. If youre selling a used car, you need to know how much it is worth. 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. Vehicle history is an important factor in determining a cars value. Black book is considered authoritative for wholesaletradein pricing for several reasons. They assess the appearance of a car, its mileage, and the present mechanical condition.
For over 90 years, kelley blue book has been the trusted resource for used car values, helping car owners understand what their used car is worth. Black book values ontario april 2020 allclassifieds. To find the black book value of your new or used car, simply follow the link below. Welcome to canadian black book, the definitive source for unbiased vehicle pricing and valuations in canada for over 55 years. Trade in used car value online know your used car trade in value free instant online auto resale car value appraisal, used car truck trade in book value is based on vehicle and condition get the full resale price car market value by intelliprice. Data black book acquires their pricing data from wholesale auctions, and retail. To reach out to more potential clients, the canadian black book is known to publish issues every two months. If you choose to sell your car yourself, the private party value stands as a starting point.
Many people use this term, along with black book or edmunds tmv. Studies indicate that the kelley blue book provides lower pricing the black book car pricing. Get the kelley blue book value for your used car or tradein vehicle, find. Black book is the research tool that banks, car wholesalers, and dealers rely on when they buy a tradein. 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. The biggest issue has been locating, assessing, and evaluating inventory. Learn how to when to look up blue book and black book used car values, and the difference between the two reference guides.
Black book values focuses on data points that can help lenders and dealers better identify vehicles with lower risks and higher potential profitability. Getting a tradein estimate for your vehicle is as easy as 123. 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. Tradein value when you want to trade your car to a dealership. And with black book cherry it eliminates those issues saving my time, headaches, and money. Whether youre trading your vehicle in at a dealer or planning to sell it, edmunds makes it easy to. If you dont know how the industry appraises cars, you wont be able to effectively negotiate your current cars appraisal value.
To use the book value calculator, simply follow the steps above to get the approximate book value of your car. There are two valuable sources for gathering information about the value of your used car. They have been around since 1918, while black book started in 1955. Get a used car value range and average thats based on how much comparable vehicles have sold for in your area. I am a fairly new dealer in this used car business, and have faced numerous obstacles and difficulties getting my business off the ground.
Theyre all terms used to describe the estimated market. The original car book value calculator, online since 2008. Black book, best known for its wholesale used vehicle values, is now the official valuation service for, a thirdparty internet shopping site, the companies said today. It will help you work out the approximate book value of your car easily and free. There is a lot of disparity in the prices for a particular vehicle with a specific number of miles and in a certain condition. The best tool to determine your cars value car news. 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. Automotive data with black book powering the auto industry with. New car prices and used car book values nadaguides. 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. Both books claim to be the more accurate source of used car pricing guides. This is an as is value that does not include any warranties. The used 202007 and older 20061997 vehicle value guides combine to cover 17 model years a longer span than either black book or red book. The value of a used car can be difficult to estimate because many factors, such as year, make, model, condition and upgrades can all affect how much its worth.
The kelley blue book gets more traffic when it comes to being used by buyers. Knowing your tradeins value before you visit your new car dealer is essential. Car prices and values for trucks and suvs black book values. Black book acquires their pricing data from wholesale auctions, and retail. They are also lower than the edmunds price guide, and the nada. Get used car values with edmunds car value appraisal tool. The kelley blue book price is a trademarked car valuation from kbb.
Typically, dealers use black book to price the used cars they take in trade and kelley blue book for pricing the used cars they sell. This is because the black book receives prices for used vehicles based on 50 weekly auctions, where they calculate an average, and update that every week. Using canadian black book to find the value of your car. More consumers rely on the kelley blue book, but both can provide helpful pricing information. Nadaguides national appraisal guides and black book values offer vehicle valuation services. Find out what your car is worth at, the trusted resource for used car values. Black book new car lite black book used car values. We provide black book trade in value and market value, so you can get the most out of your used car. Nada blue book values for used cars, certified preowned cars and more, brought to you by the national automobile dealers association. Black book weekly values lite black book used car values. Use autotraders used car valuation tool to find the kelley blue book value of the car youd like to sell or buy. But the black book cpi is my mainstay in determining the true value of any rare or unusual vehicle which i buy or sell.