Trade in value - Who to use for a more accurate quote?
What tools have you used before to get a trade in value and who seems to be the most accurate of all?
Thanks in advance.
May 6th, 2020 9:56 pm
May 6th, 2020 10:43 pm
May 6th, 2020 10:45 pm
May 6th, 2020 10:47 pm
May 6th, 2020 11:04 pm
For Trade-In values all auto dealers use the business version of the Canadian Black Book that lists true wholesale values of vehicles.
May 6th, 2020 11:09 pm
Thanks. If I'm getting a ballpark of $7000 to $9800 on the regular consumer sites, how far off will it be from the business version?
May 6th, 2020 11:21 pm
It's about how much is your time and life worth entertaining random kijiji idiots and lowballers DURING a pandemic.
May 6th, 2020 11:31 pm
Wouldnt know that unless your vehicle was actually looked up. Pricing can be all over the place from different publishing sources whether it be online or via a paper publication.
May 6th, 2020 11:38 pm
Got it thank you! Appreciate it!mikeymike1 wrote: ↑ Wouldnt know that unless your vehicle was actually looked up. Pricing can be all over the place from different publishing sources whether it be online or via a paper publication.
The CBB business version is the industry standard used by pretty well all auto dealers including banks and leasing orgs. FI's use them to evaluate LTV values for lending security.
But unless you know someone in person who works in the industry that either has the business CBB wholesale guide online or as a paperback version in their pocket you will never know what value is going to be correct.
One thing I will reveal is the business version has 4 wholesale pricing categories for each listed vehicle, they are rough, average, clean and extra clean.
May 7th, 2020 12:06 am