![]() In 1995, Edmunds became one of the first automotive information websites for consumers. This data is availability for CarEdge members. Just similar other evaluators, they using as lot data as feasible about the object car at reach a value. Additionally, they have subsections based on the reported prerequisite of that car. The Black Book Used Vehicle Retention Index is calculated using Black Book’s published Wholesale Average value on two- to six-year-old used vehicles, as percent of original typically-equipped MSRP. What, actually, is a Blue Book? Who started this whole arbitrary pricing bible? How accurate are they and how do they get their numbers? Most importantly, do they provide truly valuable information to help you get the best deal, whether you're buying or selling new or used? Read Moreįind used car trade in, resell, certified pre-owned and retail values of used vehicles based on the condition, mileage and other factors of the car sale. ICBC solely relies on the Canadian Black Book valuation which might not accurately reflect your cars true value, if it has defects. The company was originally known for producing a small paperback book filled with car values. Black Book gives different values for wholesale, trade-in, private party, and retailer trades. Captured throughout hundreds of wholesale physical and online auto auctions across the country. From used car lots to new car dealers, they all claim to sell cars at or below Blue Book while buying your trade-in well above Blue Book! The pricing deals with wholesale values and the most up to date car sales. The Black Book value is essentially the wholesale or auction value of a car. The Kelley Blue Book has become one of the major merchandising devices of modern vehicle selling. The Black Book on the other hand, is a dealer driven book. At one time the Blue Book value was a used car insider's term like 'cream puff' or 'cherry', but today the phrase is, uh, all over the lot. "Blue Book pricing!" "We're selling below Blue Book!" "Get true Blue Book value for your trade-in!" Whether you're buying or selling a car, truck or SUV, you can't get away from what we'd call Blue Book mania.
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