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Trade-In Appraisal
Black Book: How It Is Used
When it's time to part ways with your old car and upgrade to something newer, the first step is figuring out how much your current vehicle is worth.
The automotive industry can be quite tricky, making it challenging to determine a car’s value. That's why vehicle valuation tools have become absolutely essential.
One of the most popular valuation tools is the Canadian Black Book (CBB). Although it's no longer an actual book — it now resides online — Canadian Black Book continues to be a leader in automotive pricing.
CBB analyzes historical and transactional sales data at the provincial level to provide the most accurate vehicle values to buyers, sellers, and dealers.
What Is Canadian Black Book?
Canadian Black Book has transitioned into an online publication and continues to be a trusted source for valuing new and used vehicles.
It also offers custom data licensing solutions and supports lenders with origination and risk analysis.
For those looking to buy or sell cars and trucks privately, Canadian Black Book is a go-to resource for figuring out your car's trade-in value or assessing whether the price you're about to pay is fair or a bit too high.
They develop these values by diving deep into nationwide auction and online sales data.
How To Use Canadian Black Book?
It’s simple, start by filling out your vehicle's basic information below and then follow the prompts as provided. Once you reach the final step, be sure to have your evaluation emailed directly to you so you can show the brand ambassador you’re working with.
