Canada Black Book Values

[SeeGeeWhy]

Does anyone have a link to a free estimate of Black Book Values on used cars?

[Bend it like Bourgeois]

Toyota's website has this feature to evaluate your trade in.

You have to build and price a particular model, and were you put in your trade value there is a little red box that links to canadian black book.

[Burninator]

http://www.toyota.ca/NWS/english/con...n_vehicle.html

[Ironhorse]

I have access to a dealer's Black Book. Or you could ask TimSJ in the Car Salesman thread.

[OilersBaby]

I wonder why they're called black books in Canada and blue books in the USA. Interesting.

[TimSJ]

The Black Book is a decent guide but really not worth the paper that it is printed on.. It is out of date way too quickly. We don't use it anymore. We rely on the actual auction data that is updated daily as cars sell.

[Sample00]

I have the Canadian Black book in paper and online, but I agree with Tim, its out of date way too quickly.
use resources such as Canada trader and the like to guage value of your vehicle.

[Miccara]

Originally Posted by TimSJ

The Black Book is a decent guide but really not worth the paper that it is printed on.. It is out of date way too quickly. We don't use it anymore. We rely on the actual auction data that is updated daily as cars sell.

Don’t agree entirely. I’ve had some discussion with the finance industry and Black Book. The price a vehicle sells for at auction is not necessarily the true value of the vehicle. The data I saw shows things like a Chev Z24 selling for $4500 one week, and two weeks later the same vehicle (same options, same trim, similar kilometres) selling for $5200. Black Book’s method is to collect the information over a three week period and benchmark the value of a vehicle over a given timeframe. This more accurately reflects the assets true value.

[ok, ok,....I get it]

Originally Posted by Miccara

Don’t agree entirely. I’ve had some discussion with the finance industry and Black Book. The price a vehicle sells for at auction is not the true value of the vehicle. The data I saw shows things like a Chev Z24 selling for $4500 one week, and two weeks later the same vehicle (same options, same trim, similar kilometres) selling for $5200. Black Book’s method is to collect the information over a three week period and benchmark the value of a vehicle over a given timeframe.

dude your font freaks me out.......the best way of finding out the value of your car is to compare what similair unit are selling for, using dealerships, canada trader, etc.

[burn_baby_burn]

Originally Posted by Miccara

Don’t agree entirely. I’ve had some discussion with the finance industry and Black Book. The price a vehicle sells for at auction is not necessarily the true value of the vehicle. The data I saw shows things like a Chev Z24 selling for $4500 one week, and two weeks later the same vehicle (same options, same trim, similar kilometres) selling for $5200. Black Book’s method is to collect the information over a three week period and benchmark the value of a vehicle over a given timeframe. This more accurately reflects the assets true value.

I believe that the finance industry does use the black book to determine used values. If the dealer who is actually buying the trade-in did the same. He could have a bunch of over priced used inventory that could sink the dealership in a hurry. Auction is a better indication to the dealer of what the buyer is actually willing to pay.

[Nancy]

If you are an AMA member, you can access Gold Book values online:

http://www.ama.ab.ca/cps/rde/xchg/am...rices-8449.htm