Is Canadian Black Book accurate?

Is Canadian Black Book accurate?

Is Canadian Black Book accurate?

A trusted source for over 50 years, Canadian Black Book can reliably estimate the value of your used car. Your Canadian Black Book value is the most accurate estimate of your pre-owned vehicle’s value that you’re likely to find.

What is black book value of a car?

The Black Book value is essentially the wholesale or auction value of a car. Black Book sources pricing data from both wholesale auctions and actual vehicle transactions from across the country. They update or validate their used car prices on a weekly basis.

What is the difference between Blue Book and Black Book?

The Blue Book® is where drivers look to know what amount they can expect to purchase a vehicle or sell a vehicle for. The Black Book, however, deals more with up-to-date car sales and wholesale pricing values, so the information is more useful for car dealers.

What is the difference between Red Book and Black Book car values?

Lastly, Black Book provides the average asking price in real time. You can double-check this information on websites like Red Book lists wholesale and retail values for specific vehicles based on the year, make, model, kilometres, and options. Two written documents (English only) are at your disposal.

Who owns Canadian Black Book?

William Ward Publishing
U.S.-based Black Book has acquired William Ward Publishing, best known for its Canadian Black Book vehicle values, for an undisclosed sum. The deal, announced by Richard Malloch, president of Hearst Business Media, will see the Canadian unit added to the massive company’s widely diversified portfolio.

What car best holds its value?

The Top 10 Cars That Hold Their Value

  • Nissan GT-R: 39.4%
  • Honda Ridgeline: 38.1%
  • Porsche 911: 37.2%
  • Toyota 4Runner: 36.5%
  • Toyota Tundra: 35.9%
  • Toyota Tacoma: 32.0%
  • Jeep Wrangler: 31.5%
  • Jeep Wrangler Unlimited: 30% If there’s one thing the two-door Wrangler is missing, it’s ease of access for the back-row inhabitants.

How much does a used car cost in Canada?

Cost effectiveness : Purchase price is one of the main factors for people buying used. Many of us simply can’t afford to or don’t want to spend $30,000 on a vehicle. The average price of a used car in Canada is half of this, at about $13,000.

How much tax do you pay on a used car in Ontario?

Tax on used vehicles How much: In most cases, buyers pay 13% RST in Ontario. The amount is based on the purchase price or the vehicle’s wholesale value, whichever is greater.