Canadian Used Cars Price Guide
The most well-known Canadian used cars price guide for trade-in values is the Canadian Black Book, and for retail values, there is the Red Book.
These used car price guides used to be generally restricted to the reseller dealers, and thus not available to the public. The situation in the U.S. has been different, where the Kelley Blue Book has been widely available since the early 90s. The situation for Canadiens changed in the the late 90s, with the introduction of Canadian Black Book values online. Canadian Used Cars Price Guide - Black Book The Black Book publication is a trademark of Hearst Business Media Corporation, used under license by Wm. Ward Publishing Ltd in Canada. You can purchase their publications in a printed format, or see the trade-in values from online services. However, the prices for the Black Book are not available at canadianblackbook.com, the main web site of the publication, but rather at dealer web sites, including: * daimlerchrysler.ca * gmcanada.com * toyota.ca The on-line prices at these sites are trade-in values. These are prices calculated differently than wholesale. It is a range of values the Black Book company would expect a dealer to give a consumer trading in a vehicle on the purchase of a new vehicle, based on the dealer not seeing the car and allowing for worse case scenarios. The dealer has to repair, clean, market and maintain that vehicle on their lot until sold, and is investing a significant amount based on that. Additionally, if that vehicle does not sell within a reasonable timeframe, the dealer will have to auction the vehicle, adding to their expense. Canadian Used Cars Price Guide - Red BookFor retail values, there is a publication called Canadian Red Book of used car values. The Red Book is available in printed format. It gives you a complete listing of cars and light duty trucks, and the database is updated 12 times a year. Price information goes back a full 7 years, which is actually one year longer than for competing guides. What you get in the Red Book includes: * SRP/POE list prices * Wholesale values * Retail values * Vehicle Identification Number (VIN) section * Provincial value conversion chart * Major optional equipment charts * Complete odometer tables The guide's official web site is located at canadianredbook.com.
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