Canadian
Black Book
Canadian Black
Book Web Tool
With Canadian
black book step by step FREE web tool, you can easily
determine approximately what's
your car trade-in value especially
if
you are thinking about buying a new car.
Speaking of new cars, I have to admit that CarCostCanada
dealer invoice price
has been responsible for at least 25% of my dealership's
sales revenue
loss!
The site listed the average cost, invoice price
and
negotiation room for just about every makes and model that are sold in
Canada. You can even get a printed copy and bring it with you to the
dealership and save $$$ at the closing table.
I highly recommended it if you want savings on new
car
purchase. Make sure you take a look at the
Canadian new
car buyer's checklist.
Click Here to get the "Real
Wholesale Dealer Invoice Cost Price" now on new Canadian
vehicles
Fortunately,
Canadian Black Book is NOT as secrecy
as
their counterpart in the U.S. Canadian consumers now have the access to
a similar FREE online version. With the help of web tool, you can now
find out the approximate trade-in value of your vehicle.

Get Black Book Values Online FREE
With recent update on Canadian Black Book official
site,
consumers now are able to get an estimated trade-in value of their used
vehicle up to 12 years old.
Anything older than 12 years, you have to research
on
retail side then minus anywhere between $1000 to $5000 (depends on make
model supply demand of the market etc) for approximate wholesale values.
Let's do a quick demo on how to use this online
service,
remember this is just an estimate, and the vehicle shown here are up to
10 years old.
Click Here First Then click on "Go To Canadian
Black Book website"
You will proceed to Trade-In Estimator tool: enter
year,
make, model, trim line and style. For the purpose of demonstration we
will choose year 2003 Toyota Camry LE 4 door sedan. Click on NEXT.
Enter 100,000 as the current KM, hit NEXT one more time.

At this point, we have to enter some information
about
the vehicle we consider buying (even though we are not buying
ANYTHING), you just follow with it and hit NEXT.
We have to enter first and last name and a valid
email
address as they will send it to your mailbox (this have to be real
one), then your postal code. Check the the boxes to your right then hit
NEXT.

After that, it's just a matter of checking your
email
and read the numbers. Please see the screen capture as a reference.
Vehicles are classified into 3 categories:
- Clean
- Average
- Below Average
In order to appraise a vehicle properly,
appearance,
equipment, trim level, overall mechanical condition and mileage must be
taken into consideration.

Understand
Reconditioning Cost
Most vehicles require some form of reconditioning.
All
dealers inspect and test for appearance and performance. All mechanical
parts requiring service to bring them as close to specifications as
possible are serviced.
Window chips, scratches, dents or any other item
on the
vehicle that may need attention, needs to be corrected by the dealer
before that vehicle can be sold.
The values given here do not account for ANY
deduction.
You must consider the level of repairs or any other expenses the dealer
may incur in the course of re-selling your vehicle. This is the reason
why actual trade-in value is ALWAYS lower than the book value.

In our case, as of July, 2009 the 2003 Toyota
Camry LE
4cyl sedan with 100,000 km valued between $6,800 - $8,460 MINUS any
Reconditioning Costs.
The retail value of this Camry will be anywhere
between
$1,500 to $4,000 higher than the trade-in value.
Used Car Profit Margin
A dealer's mark up usually between $1000 to $4500
per
vehicle. Sometimes more for high end models. keep those figures in mind
next time when you are on the negotiation table.
Did you know that you can get a copy of Canadian
Used Car Prices - wholesale/retail value guide from Canadian Black Book
website?
This book is an excellent tool for researching used cars in Canada. If
you buying or selling your personal used vehicles, use the book as a
guideline for negotiations. For more information visit their site at
www.canadianblackbook.com and click on for consumers.
Once again, I highly recommend you check out CarCostCanada
and their car dealer invoice price if you are in the market
of buying new vehicles. You will for sure save at least $500 to $2,000
min on a new car purchase!
Remember most people come to new car dealership without knowing the
exact sticker price of the car of their choice. Not to
mention the packages
and
addons can easily suck you in your additional hard earned
$$$.
To save more on new
car
purchase. Make sure you take a look at the
Canadian new
car buyer's checklist.
Go to Used Cars Advice home page


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