Using the Edmunds appraisal calculator to find the value of your car is fairly easy. Edmunds offers a free appraisal tool to provide you with an estimated price for your vehicle. They have many tools to help the car-buying process, but they can also help car sellers. They do not provide descriptions of these conditions on the free portion of their website.Įdmunds is a website that seeks to improve the car-buying process by helping consumers view and compare car prices. Retail Value: extra clean, clean, average, and rough (Paid).Trade-In Value: clean, average, rough (Free).Wholesale Value: extra clean, clean, average, and rough (Paid).īlack Book determines a value for a wide array of vehicles, including light-duty cars, SUVs, and trucks, medium/heavy-duty trucks, powersports, collectible cars, and RVs. Vehicle 2: Three owners, minor accident, 42,000 miles.Vehicle 1: One owner, no accidents, 42,000 miles.They share an example of how they leverage vehicle history and market data to determine vehicle value. Using this valuation model, Black Book will flag vehicles for review and price vehicles for retail sale. They adjust the value based on mileage, optional equipment, region/state, and more. According to Black Book, they leverage data from many sources. Based on the vehicle history report, their unique model gives a History Adjusted Valuation. Black Book analyzes vehicle transactions and integrates vehicle history reports from AutoCheck. To determine vehicle value, Black Book assesses several factors. However, a free version is available that allows you to enter a few details about the model to get just the trade-in value. They aim to help dealerships make smarter business decisions, and they are a resource used by dealers (not typically car buyers/consumers). Black Book requires a paid subscription to access over the web or mobile device. Started in 1955 as a weekly car value report, Black Book is now one of the top resources dealers use to assess the value of a trade-in or used car. Private Party, Trade-In, Suggested Retail, Certified Pre-Owned Trade-In, Private, Dealer Retail, Certified Used Series of questions about car, but no contact info is needed Series of questions about car, but no contact info needed Make, model, condition, options, and contact info Most types, excludes any model before 1992 National Auto Research updates black book values each month.Most types, excludes any model before 1990 How Frequently Are Black Book Values Updated These sales are monitored to determine the black book value of a vehicle by National Auto Research. National Auto Research employs teams of people who attend car auction sales where dealers purchase vehicles at wholesale prices. National Auto Research is a business division of Hearst Business Media Corporation. National Auto Research publishes and provides Black Book values. Black book auto values are often referenced to gauge the auction price for a trade in car that a dealer may purchase. The black book value is provided within a pdf that is printable and also provides other information about the vehicle's value.īlack Book values refer to the estimated sale price of a vehicle at wholesale. The used car valuation report is sent to you via email immediately after this is provided. After submitting the car's details including mileage you will be asked to provide your contact information along with an email address. In order to receive the black book value, visit the website and enter the information for the car you want to obtain the black book value for. As part of this service, CarQuotes provides the trade in value black book provided by National Auto Research. Car Quotes is a website which provides a free car valuation service to consumers.
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