New car dealers utilize the comprehensive used car auction results when valuing trade-ins. They also utilize our new vehicle price guides for information on dealer invoice and manufacturer suggested retail prices for cars, trucks, and optional equipment.
Used car dealers and wholesale buyers rely on Black Book’s weekly reports of used car auction results to stay current on pricing trends for used vehicles. They can monitor which vehicles are most in demand in what region to help them make informed buying and selling decisions.
For a loan on a new vehicle, most car loan lenders consider true dealer cost as the basis for determining how much they will loan for a car. To get reliable information on the dealer cost and make decisions on loan amounts, financial institutions turn to Black Book vehicle guides to provide accurate, market driven Finance Advance.
Black Book’s used vehicle guides provide Finance Advance values for finance purposes as well as certain products including VIN interpretations.
Government & Insurance
Governmental entities and the insurance industry depend on Black Book vehicle valuations when they are formulating vehicle owners’ tax and insurance responsibilities and coverage rates.