Black book car12/25/2022 ![]() Tejani says "we have nothing to hide so if consumers think there car is worth a certain amount and the black book can show them that it's not - it's really better for everyone." Ward says "Dealers are under so many regulations now they have to put a car on their lot that is perfect to be sold and they have to spend money to do that."Īmin Tejani with Don Valley North Toyota says most dealers welcome the Black Book information being made available to consumers. A 2006 Chevrolet Impala for example may have a trade in value of between 4 and 6 thousand dollars – but have an average selling price between 9 and 11 thousand. Best of all the information is at no cost to the consumer, it's easy to access and there is no obligation.Ĭonsumers may be a bit surprised by the difference in pricing when comparing their car's value as a trade in and its average selling price. Cars are given a low, medium or high value. The website has information on trade-in values, average vehicle pricing and future values. Ward says "This is big news for consumers because now they will have a website where they can research vehicle pricing so they will be smarter when it comes to going through the process of buying a car." Once secretive information for bankers, car dealers and others in the automotive industry the Canadian Black Book is now going online – and it's free! Kathy Ward is President of Canadian Black Book and her father started the auto data business 50 years ago. It might not help you get a date but the Canadian Black Book will tell you what your used car is worth.
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