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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.

Canadian Black Book Trade-In-Estimator

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.

Canadian Black Book Trade-In-Estimator

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.

Car Research and Pricing at Edmunds.com

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.

Canadian Black Book

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.

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