Does KBB work in Canada?

Yes. Pricing and other info on KBB.com is specific to the U.S., but in 2020, Kelley Blue Book started providing data for the Canadian market. Canadian pricing will follow soon and will be adjusted for each province & territory to reflect local economic and market conditions. You can find KBB Canada at KBB.ca.

What is the difference between trade in value and cash value?

Trade-in value is basically a car dealership’s valuation of your car when you opt for a trade-in. The vehicle’s valuation from the dealership is known as the actual cash value (ACV). The dealership uses the ACV when adding the car to its inventory books.

What is KBB private party value?

The Kelley Blue Book® Private Party Value is the starting point for negotiation of a used-car sale between a private buyer and seller. This is an “as is” value that does not include any warranties. The final price depends on the car’s actual condition and local market factors.

What is KBB in Canada?

Kelley Blue Book is the trusted resource to find everything you need to value your car and find your next one.

What’s wrong with KBB?

Potential problems with Blue Book values include a delay as price information is assessed, the consumer tendency to overrate the value of the car they are selling or trading in, and a mismatch between wholesale values listed by Kelley and the prices used by dealers, who access special industry-only pricing info.

What does ACV stand for in car sales?

Actual cash value (ACV) is the amount equal to the replacement cost minus depreciation of a damaged or stolen property at the time of the loss. The actual value for which the property could be sold, which is always less than what it would cost to replace it.

What is Kelley Blue Book used for?

The term “Blue Book Value” refers to the value of a vehicle by a guide known as the Kelley Blue Book. The guide not only lists the value of new vehicles, but it also lists used car values. Since the 1920s, the Kelley Blue Book has served as a standard within the auto industry in the United States.

What is Canada’s Blue Book of vehicles?

Canada has also their version of America’s Kelley Blue Book but with slight difference in content. Canada’s blue book focuses more on offers for vehicles which can be driven off-road, boats and motorcycles which is why the previous two books are commonly used.

Is there a Kelley Blue Book in Canada?

In the United States, the Kelley Blue Book is the single most trusted source of information for price listings of a variety of vehicles. In Canada, there is no direct equivalent of the Kelley Blue Book.

Where can I find vehicle pricing and valuations in Canada?

Welcome to Canadian Black Book, the definitive source for unbiased vehicle Pricing and valuations in Canada for over 55 years. We offer free price and valuation tools where new and used car shoppers can look up the: Trade-in value when you want to trade your car to a dealership. Future Value of a vehicle to see how a car depreciates over time.

Is there a black book for used cars in Canada?

However, the Canadian Black Book is a publication released every two weeks to dealerships, insurance companies and auto wholesalers only. Private individuals cannot purchase the Black Book directly, so they must rely on third party companies or other assistance in calculating the most accurate used car prices.