Pre-Owned Car Trade-In Value from Black Book, black book car values.#Black #book #car #values


Pre-Owned Car Trade-In Value from Black Book

Widely known and highly respected in the industry, Black Book is an online leader in offering timely, independent and accurate used car values. To learn the Black Book appraisal value of your Pre-Owned Car, simply follow the directions below. It’s as easy as 1..2..3!

Getting a Pre-Owned Car Trade-In Value from Black Book

Appraising your Pre-Owned Car’s trade-in value isn’t an exact science. Trade-in values will vary between regions, times of the month – even between dealerships. For example, the used car manager at a Mercedes-Benz dealership may give you less on your used Kia than the used car manager at the Kia dealership, because it’ll be harder for him to sell.

Using Black Book to Appraise Your Pre-Owned Car

Knowing your trade-in’s value before you visit your new car dealer is essential. If you don’t know how the industry appraises cars, you won’t be able to effectively negotiate your current car’s appraisal value. So use the Black Book Appraisal form and be sure you’re totally honest when indicating the condition of your trade-in. You’ll get a fair estimate of your used car’s value that you’ll be able to take to the dealer.

Note: The price range shown on your final Black Book Appraisal form is a guideline. The dealer will confirm a final price for your car based on their analysis of market trends and vehicle condition.

We take privacy seriously. By submitting your request, you agree that you are subject to the NewCars.com privacy policy and terms, and you are expressly agreeing to have us and/or sellers/partners contact you. You also agree that we and/or sellers/partners may use an autodialer to text or call, and that a portion of any call may be pre-recorded. Consent is not required to purchase goods/services.

A member of the Cars.com family. NewCars.com is a registered trademark. Copyright 1995 – 2017.

Are you a dealer? Become a NewCars.com Dealer Partner today.

Black book car values NewCars.com is a member of the Better Business Bureau.

Black book car valuesCertain specifications, prices and equipment data have been provided under license from Chrome Data Solutions (“Chrome Data”). 2017 Chrome Data Solutions, LP. All Rights Reserved. This information is supplied for personal use only and may not be used for any commercial purpose whatsoever without the express written consent of Chrome Data. Chrome Data makes no guarantee or warranty, either expressed or implied, including without limitation any warranty of merchantability or fitness for a particular purpose, with respect to the data presented here. All specifications, prices and equipment are subject to change without notice.


Trucks – Kelley Blue Book, black book car values.#Black #book #car #values


Trucks

Cargo capacity and tow ratings are as important as ever, but creature comforts now capture a truck buyer s attention as well. Today’s trucks offer a lot more than the rugged bare minimum and have more passenger space and in-cabin technologies than ever before.

Select a Make

  • 1 of 4

Featured Truck

The 2017 Ford F-150 continues to impress with innovative new features and more power for America’s best-selling full-size pickup.

by KBB.com consumers

NHTSA Crash Test Rating

Featured Truck

Built for heavy-duty towing and hauling, the all-new tech-filled 2017 Super Duty is now more capable, stronger and more luxurious than ever.

NHTSA Crash Test Rating

V8, Flexible Fuel, 6.2 L

3 years or 36000 miles

Chevrolet’s 2017 Silverado offers full-size pickup muscle and capability, but its interior features make it feel more like a luxury SUV.

KBB.com Expert Rating

V6, EcoTec3, Flex Fuel, 4.3 L

3 years or 36000 miles

Chevrolet’s Silverado HD for 2017 gets an improved diesel engine with more power for towing and hauling.

KBB.com Expert Rating

V8, Flex Fuel, 6.0 L

3 years or 36000 miles

Buyer’s Guide Videos

Black book car values

New Truck Photos Videos

Black book car values

Black book car values

Black book car values

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Black book car values

Black book car values

Latest Truck News

Black book car values

2018 Chevrolet Colorado ZR2 Adds Special Editions

Chevrolet is growing its midsize Colorado pickup truck offering for the 2018 model year with two new ZR2 special editions: Midnight and Dusk. The all-black 2018 Colorado ZR2 Midnight Edition includes black Chevy bowtie emblems, 17-inch 5-spoke black accessory wheels, and a black sport bar with off-road LED lights that includes ZR2 logos on the bar’s sail Read more.

Black book car values

This Week in Car Buying: Texas State Fair trucks bonanza

If Texas had an official state car, it would be a truck. That’s why manufacturers use the annual Texas State Fair to introduce new versions of pickups ranging from standard half-ton units up through their heavy duty ranges. Fiat Chrysler Automobiles’ Ram division took the wraps off an updated 2018 Laramie Longhorn Southfork model as well as a Heavy Duty Read more.

Chevrolet Truck: 100 years celebrated with special editions

Chevrolet’s 2018 truck lineup is about to mark its 100th birthday and the bowtie brand is celebrating the occasion with two special-edition trucks, a national rollout of its Chevy Legends Truck program, and a day to celebrate it all. On the hardware side of things, Chevy used the truck-loving state of Texas and its annual state fair to unveil Centennial Read more.

2017 Nissan Titan Long-Term Update: Hauling

No matter how nicely they ride, how richly they’re appointed, or how packed with luxury features they may be, people choose pickup trucks over other options because they’re going to haul big, heavy, and sometimes dirty things. So, when I decided to redo my front yard in the current California fashion–lots of rocks around a handful of plants–you’d better Read more.

2018 Ram Harvest Edition pickups salute the American farmer

Ram has announced an expansion of its 2018 pickup family to include new Harvest Edition models that set off a selection of cosmetic and functional upgrades with exterior trims that match Case IH and New Holland tractors and other agricultural equipment. “Farmers have been asking for these colors,” said Mike Manley, Head of Jeep Ram Brands, FCA Global Read more.

Hyundai to Launch Compact Pickup

Hyundai has gotten the green light to build a compact pickup truck similar to the Santa Cruz concept that Korean automaker first showed at Detroit’s North American International Auto Show two years ago. The company’s vice president of product planning, Michael O’Brien, told Reuters that the parent company has given the go ahead for the project, which could Read more.


Get Black Book Trade-In Value, black book car values.#Black #book #car #values


Get a Black Book Used Car Appraisal

If you do not want a new car price quote, click here to get your Black Book used car value.

Black book car values

What’s Your Used Car Worth?

Black book car values

We take privacy seriously. By submitting your request, you agree that you are subject to the NewCars.com privacy policy and terms, and you are expressly agreeing to have us and/or sellers/partners contact you. You also agree that we and/or sellers/partners may use an autodialer to text or call, and that a portion of any call may be pre-recorded. Consent is not required to purchase goods/services.

Getting a Used Car Trade-In Value from Black Book

Appraising your used car’s trade-in value isn’t an exact science. Trade-in values will vary between regions, times of the month – even between dealerships. For example, the used car manager at a Mercedes-Benz dealership may give you less on your used Kia than the used car manager at the Kia dealership, because it’ll be harder for him to sell.

Using Black Book to Appraise Your Used Car

Knowing your trade-in’s value before you visit your new car dealer is essential. If you don’t know how the industry appraises cars, you won’t be able to effectively negotiate your current car’s appraisal value. So use the Black Book Appraisal form and be sure you’re totally honest when indicating the condition of your trade-in. You’ll get a fair estimate of your used car’s value that you’ll be able to take to the dealer.

Note: The price range shown on your final Black Book Appraisal form is a guideline. The dealer will confirm a final price for your car based on their analysis of market trends and vehicle condition.

Black Book vs. Kelley Blue Book

Both Kelley Blue Book and Black Book gather thousands of data points from auctions, banks and leasing companies all over the country. Black Book® updates its online information daily while Kelley Blue Book or KBB, updates its information weekly.

Traditionally dealers have relied upon Black Book for determining how much they should pay for trade-ins. If you plan to sell your car yourself, you’ll want to also research the Kelley Blue Book® Private Party value, which is typically higher than trade-in value.

Ultimately, whether it’s Black Book or Kelley Blue Book used car values, your trade-in value is dependent on several factors including make, model, year, condition, accessories and mileage.

A member of the Cars.com family. NewCars.com is a registered trademark. Copyright 1995 – 2017.

Are you a dealer? Become a NewCars.com Dealer Partner today.

Black book car values NewCars.com is a member of the Better Business Bureau.

Black book car valuesCertain specifications, prices and equipment data have been provided under license from Chrome Data Solutions (“Chrome Data”). 2017 Chrome Data Solutions, LP. All Rights Reserved. This information is supplied for personal use only and may not be used for any commercial purpose whatsoever without the express written consent of Chrome Data. Chrome Data makes no guarantee or warranty, either expressed or implied, including without limitation any warranty of merchantability or fitness for a particular purpose, with respect to the data presented here. All specifications, prices and equipment are subject to change without notice.


Used Car Trade-In Value from Black Book #car #loans


#trade in value of car
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Get a Black Book Used Car Appraisal on Your Trade-In

In addition to your used car appraisal, get a free new car price quote.

Widely known and highly respected in the automotive industry, Black Book is an online leader in offering timely, independent and accurate used car values. Black Book pulls actual numbers that vehicles are fetching at wholesale auctions nationwide and uses them to find an accurate, up-to-date value for your used car or truck. To learn the Black Book appraisal value of your used vehicle, simply follow the directions below. It’s as easy as 1..2..3!

If you do not want a new car price quote, click here  to get your Black Book used car value.

Related Topics

There’s no such thing as exact pricing when it comes to your used car trade-in. The exact appraisal amount will change based on where you live, the time of the month even who does the work-up. So to control the process, work with the used car appraisal system that more dealers count on.

Coming in with a Black Book appraisal gives you credibility with the dealer. After all, those are the numbers a majority of dealers use and those are the numbers you’ll be negotiating with. And make sure to print out your Black Book appraisal and bring it to the dealer. That way the dealer will know up front that you’ve done your homework.

Using Black Book to Appraise Your Used Car

One more thing. The Black Book appraisal you receive doesn’t replace the actual on-the-lot appraisal. The final price may be lower (or higher) on that day based on market trends and your used car’s condition. Good luck!

We take privacy seriously. By submitting your request, you agree that you are subject to our privacy policy and terms, and that an Internet dealer or their representatives may call you using an automated telephone dialing system or automated voice message. Your agreement is not a condition to the purchase of any goods or service.


NADA Guide vs. Black Book vs. Kelley Blue Book #diecast #model #cars


#used car pricing guide
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Throwing the Book at You: Which “Blue Book” Gets You the Best Deal?

“Blue Book pricing!”

“We’re selling below Blue Book!”

“Get true Blue Book value for your trade-in!”

Whether you’re buying or selling a car, or even just conscious these days, you can’t get away from Blue Book mania. At one time “Blue Book” value was a used car insider’s term like cream puff or cherry, but today the phrase is, er, all over the lot.

Born of the original restricted-circulation, dealer-only NADA guide of used car wholesale and retail values, the Blue Book has become one of the major merchandising devices of modern vehicle selling. From seedy used car lots, to new car dealers, to million dollar national promotions for major automobile manufacturers, they all claim to sell cars at or below “Blue Book.”

What, actually, is a Blue Book? Who started this whole arbitrary pricing bible? How accurate are they and how do they get their numbers? Most importantly, do they provide truly valuable information to help you get the best deal, whether you’re buying or selling new or used? Read on.

Although the real Blue Book goes by the brand name Kelley Blue Book. like Kleenex for tissues, the term has become generic for all vehicle pricing guides. There are three principal reference sources heading a wide array of vehicle pricing information available today through printed matter, the Internet, and high zoot communicators such as BlackBerries and Treos.

Kelley Blue Book

Eighty-one years old, this guide boasts that one out of three people who buy a new or used car in the United States use this service. Kelley Blue Book (often misspelled as Kelly Blue Book) collects its information by attending auctions throughout the country where it bases used car evaluations: Excellent, Good, Fair and Poor. From those, Kelley Blue Book then sets wholesale values based on what are called “front line” (as in traffic stopper) vehicles, which also includes costs for reconditioning, transportation and auction fees.

Why should Kelley Blue Book be the book you depend on for the best deal? They claim it is most valuable to you, because you can get a quote from a Kelley Blue Book in Steubenville, Ohio and it will be the same at thousands of dealerships across the country. This means that buying or selling, you’re getting a fair deal.

Nada Guide: Blue-and-Orange/Yellow Book

Spokespeople for the 74-year-old NADA guide say their book is superior to the others because the NADA book is the official data guide issued strictly for dealer members of the National Automobile Dealers Association (NADA) trade group, and it has access to totally exclusive data, such as dealer retail sales, and it analyzes additional data from more than 500,000 various points of sale and other market data.

They say the circulation of the NADA guide out-guns the competition by almost five to one. The wholesale and retail pricing listed in the NADA guide seems to be higher in some areas than Kelley Blue Book due to its preset standard that all trade-ins be in very clean condition. Since “front line” might not accurately describe your vehicle, (only 5 percent of trade-ins or wholesale vehicles are) be prepared to adjust your expectations downward from what the NADA guide says.

Black Book

The 52-year-old, widely-used Black Book guide is circulation controlled, restricted to dealers and financing sources. Unlike kbb.com and NADA.com, the Black Book Web site does not provide data, only links you to dealers. The Black Book is the only value guide issued weekly instead of monthly, reflecting the latest prices direct from actual or online automobile dealers.

Whereas other value books or value Web sites may break down value into WHOLESALE and RETAIL numbers or TRADE-IN, PRIVATE PARTY and RETAIL, Black Book truly specializes in WHOLESALE VALUE, determining the value of used cars within categories of EXTRA CLEAN, CLEAN, AVERAGE or ROUGH. Although the others also issue editions for special interest/classic/rare cars, the Black Book’s Cars of Particular Interest (CPI) value guide contains over 14,000 vehicles, dating from 1946 to 2007.

What Do the Pros Use?

According to Lynn Faeth, referring to the used car operation of his nationally-noted The Scout Connection dealership in Fort Madison, Iowa, “I use the Kelley Blue Book and the Black Book for used car valuation. But the Black Book CPI is my mainstay in determining the true value of any rare or unusual vehicle which I buy or sell.”

Seconding Faeth’s comment, is John Gorton who runs Gerton Auto Sales, a large, successful used car enterprise in Mt. Vernon, Indiana, “I use the Black Book — the electronic version — exclusively in my operation, because its used car pricing seems to be more accurate and up to date, coming out weekly instead of monthly.”

“The system I use,” adds longtime Southern California car salesman Roger Himmel, “combines checking value of a trade-in or used car purchase in Kelley Blue Book and the NADA guide, then telephoning wholesalers or other dealers to see what the value is to them. After all, for every thing I buy, I must find a buyer.”

Back to the books, since each of the three value data industry leaders claim to offer the most accurate information and the best deal to buyers and sellers, AOL Autos decided to investigate by researching the used car values of three different types of vehicles in each of the three books, Kelley Blue Book (KBB), Black Book and the NADA guide.

The Subjects

1998 Dodge Durango SLT: An older American-made hemi-muscles big iron SUV

2004 Honda Civic EX: A gas-squeezing highly popular late model Japanese sedan.

2002 Porsche Boxster S: German sports car.

All are in clean condition, all are standard factory equipped.

Here, based on the actual data in the May 2007 books and electronic data from these three sources are the AVERAGE comparisons. The first number is what the guides say you can expect selling or trading in your used car. The second column is the starting point for negotiations on what the used car dealer wants for the same vehicle, if you are buying.

Based on these numbers, it would appear that your lead sled Durango is going to fetch the prettier penny from dealers who favor the Black Book. If you’re buying, you want the NADA guide users.

You can also see that the differences of the Honda’s wholesale value could fit under a spare tire cover. But when it comes to retail, the Kelley Blue Book value is out there thousands of dollars over the other two.

It appears that you would get top buckster for your used Boxster from the Black Book gang, but if you’re shopping for one, the NADA guide-using dealer would appear to be your best bet.

However, remember these comparisons can change week to week (for Black Book), month to month (for the others) and definitely region to region. For example, in an earlier study, Black Book data showed lower wholesale values than the NADA Guide, but higher than the Kelley Blue Book numbers. Go figure.

In addition, situations can change. If gas went back to a buck a gallon, OK even two bucks, what would the Durango be worth then? Would the high-mileage wonders like Prius and the MINI lose their high esteem and growing demand cachets?

So, the bottom line as to which book to use is that there is no steady, set, fixed bottom line; they are all good, dependable, honest sources of information, some better than others for specific vehicles or markets or needs or purposes. When it comes to buying and or selling a new or used vehicle, you might say the best method would be to use a combination of a used car classifieds search, your judgment and these sources as your own value guide, remembering most importantly that they are guides, not the Magna Car-ta.


Used Car Prices Black Book vs. Blue Book #japanese #cars


#black book car values
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Used Car Prices Black Book vs. Blue Book

The used car prices Black Book and Blue Book values serve different purposes. Both books claim to be the more accurate source of used car pricing guides. The Kelley Blue Book gets more traffic when it comes to being used by buyers. They have been around since 1918, while Black Book started in 1955.

The Blue Book started with just used car ratings and values, but evolved to include new prices. The Blue Book, although being used the most, is usually thought as a little less accurate in their prices. They offer no guarantee in their price valuations, and often times they are very different than the Black Book. The Black Book offer many different books, such as the Black Book Daily, Black Book First Values and a few others. The Black Book also has premium subscriber content that involved dealer auctions and wholesale prices. This makes their valuations more specific.

Find Your Next Used Car Get Started Now

The Blue Book is a consumer driven book, where drivers can look to see what they can expect to pay or receive for their vehicle. The Black Book on the other hand, is a dealer driven book. The pricing deals with wholesale values and the most up to date car sales. These books are both good for valuing cars, but they are on opposite sides of the spectrum. As a consumer you want the “KBB,” while a dealer looks more at the Black Book.

How to Find a Used Car Price Online

Finding a used car price online takes only a few minutes of your time. Kelley’s Blue Book has the most user friendly used car price search out there, and their values are respected and highly accurate. Here are some steps to get a quick price from Kelley Blue Book.

  • Once you are on the KBB website, go to the used car page
  • You can search by price range, body style (SUV, minivan, sedan, etc.) or by exact make, model and year
  • Select the value you want, whether it be suggested retail value, trade in value or private party value
  • If there are multiple trims for your model, select that exact trim
  • The next step is very important. Input the mileage on the car as that can have a big effect on price
  • All of the available features for that trim of that year are listed. Check off any features your car has
  • Select the condition of the car. Most cars are “Good,” while five percent of used cars fall in the “Excellent” condition category
  • Your price will be displayed. You can also view the other value types by clicking their names on the same page

Six Sigma Black Belt Certification – Become Black Belt (CSSBB) Certified #six #sigma #certification, #black #belt #cssbb


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Six Sigma Black Belt Certification CSSBB

Process: Learn Affidavit Prepare Apply Certify Recertify

The Certified Six Sigma Black Belt is a professional who can explain Six Sigma philosophies and principles, including supporting systems and tools. A Black Belt should demonstrate team leadership, understand team dynamics and assign team member roles and responsibilities.

Black belts have a thorough understanding of all aspects of the define, measure, analyze, improve and control (DMAIC) model in accordance with Six Sigma principles. They have basic knowledge of lean enterprise concepts, are able to identify non-value-added elements and activities and are able to use specific tools.

Note: Six Sigma Black Belt certification requires that you complete at least one Six Sigma project and submit a project affidavit. Review frequently asked questions regarding projects and the affidavit/verification.

ASQ Members $388 (save $150)

Non-members $538
Retakes $338

Requirements

Here are the experience and exam specifics for the Certified Six Sigma Black Belt.

Work Experience

Six Sigma Black Belt requires two completed projects with signed affidavits or one completed project with signed affidavit and three years of work experience in one or more areas of the Six Sigma Body of Knowledge. For more information, please see the list of Six Sigma Project Affidavit FAQs. You do not need to be a Certified Six Sigma Green Belt.

Work experience must be in a full time, paid role. Paid intern, co-op or any other course work cannot be applied towards the work experience requirement.

Expectations

These are the minimum expectations of a Certified Six Sigma Black Belt.

I: Organization-wide Planning and Deployment

  • Will understand how to deploy six sigma within a project.
  • Will be able to implement tools and techniques to deploy strategic directions for initiatives.
  • Will understand the roles and responsibilities for six sigma projects and how each group influences project deployment, and will be able to support communications about the project deployment.
  • Will be able to apply operational change management techniques within their defined scope or domain.

II: Organizational Process Management and Measures

  • Will be able to define various types of benchmarking.
  • Will be able to describe various types of performance measures, and select an appropriate financial measure for a given situation and calculate its result.

III: Team Management

  • Will understand the components and techniques used in managing teams, including time management, planning and decision-making tools, team formation, motivational techniques and factors that demotivate a team, performance evaluation and reward.
  • Will be able to describe elements that can result in a team s success.
  • Will be able to use appropriate techniques to overcome various group dynamics challenges.
  • Will be able to select data collection methods and collect voice of the customer data, and use customer feedback to determine customer requirements.
  • Will understand the elements of a project charter (problem statement, scope, goals, etc.) and be able to use various tools to track the project progress.
  • Will be able to define and use process flow metrics and analysis tools to indicate the performance of a process.
  • Will be able to develop and implement data collection plans, and use techniques in sampling, data capture, and processing tools.
  • Will be able to define and describe measurement system analysis tools.
  • Will apply basic probability concepts, and understand various distributions.
  • Will be able to calculate statistical and process capability indices.
  • Will be able to analyze the results of correlation and regression analyses.
  • Will be able to define multivariate tools.
  • Will be able to perform hypothesis tests for means, variances and proportions and analyze their results.
  • Will understand the components and concepts for ANOVA, Chi-square, contingency tables, and non-parametric tests.
  • Will understand the elements and purpose of FMEA and use root cause analysis tools.
  • Will be able to identify and interpret the 7 classic wastes.
  • Will be able to use gap analysis tools.
  • Will be able to define and apply design of experiments (DOE) principles, and distinguish among the various types of experiments.
  • Will be able to apply various lean tools and techniques to eliminate waste and reduce cycle time.
  • Will understand how to implement an improved process and how to analyze and interpret risk studies.
  • Will be able to apply, use, and analyze the various statistical process control (SPC) techniques.
  • Will understand total productive maintenance (TPM) and visual factory concepts.
  • Will be able to develop control plans and use various tools to maintain and sustain improvements.

IX: Design For Six Sigma (DFSS) Framework and Methodologies

  • Will understand common DFSS and DFX methodologies, and elements of robust designs.

Body of Knowledge

The topics in this Body of Knowledge include additional detail in the form of subtext explanations and the cognitive level at which test questions will be written. This information will provide guidance for the candidate preparing to take the exam.

The subtext is not intended to limit the subject matter or be all-inclusive of what might be covered in an exam. It is meant to clarify the type of content to be included in the exam. The descriptor in parentheses at the end of each entry refers to the maximum cognitive level at which the topic will be tested. A complete description of cognitive levels is provided at the end of this document.

Please Note: The Body of Knowledge for certification is affected by new technologies, policies, and the changing dynamics of manufacturing and service industries. Changed versions of the examination based on the current Body of Knowledge are used at each offering.

Download the Certified Six Sigma Black Belt Body of Knowledge

Prepare for the exam

ASQ designed these resources to help you get ready to take the exam. Have you already reviewed these items? Then choose an exam date below.

Review a list of references that provide the basis for the exam questions. These items give you a better idea of the material covered in the exam.

Take an interactive sample exam to receive additional feedback on the questions that appear in the sample exam. Print out the paper-and-pencil sample exam (PDF, 349 KB) to see the actual test format, including instructions and test questions from past exams.

ASQ offers many books and training opportunities to help you prepare.

Training

Need more training options? ASQ Sections and ASQ Forums/Divisions offer more training opportunities.

Books

Examination

Each certification candidate is required to pass an examination that consists of multiple-choice questions that measure comprehension of the Body of Knowledge.

Computer Delivered – The CSSBB examination is a one-part, 165-question, four-and-a-half-hour exam and is offered in English only. 150 questions are scored and 15 are unscored.

Paper and Pencil – The CSSBB examination is a one-part, 150-question, four-hour exam and is offered in English only.

All examinations are open book with the exception of the constructed response (essay) portion of the CMQ/OE exam. Each participant must bring his or her own reference materials. Use of reference materials and calculators is explained in the FAQs .


Canadian Black Book Value #diesel #cars


#black book car values
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Canadian Black Book Value – A Car’s Value in Canada

Wanting a car is not a rarity nowadays. It gives you the convenience of going wherever you please. You are in control compared to when you commute. But, buying a new one can be very costly.

A good alternative is to purchase a used car. It is a wise decision considering that it will be your first car. But before signing a check or handing over cash, you should first know the value of the car is. It is always wiser to come with knowledge of its true value by consulting either NADA Guide or Kelley Blue Book for a Blue Book Value .  Evaluate the trends in pricing cars to make sure that you are not being tricked into paying more what it deserves. There are many markets in Canada that puts used cars up for sale and most are looking for information regarding their prices.

The internet is a good source of guides that can help you in determining a car’s value in the market like NADA Guide or Kelley Blue Book for a better Blue Book Value. And unlike antique cars, you should consider a well maintained car with a good overall condition as worthy of a higher price. But, if it looks like that a little bit more tinkering needs to be done, then the estimated sum for the repairs should be deducted from the original value. And it is fair enough that it should be. So dealers should be very particular with the overall condition of the cars that they are selling in order to get the most value for the car.

On the other hand, a vehicle at its top condition or a model of luxury with very little depreciation can be priced even more in comparison to what the guides show. The price could increase up to five percent of the original price which, again, is fair considering the amount that they may have spent in order to keep the car in tip top shape.

Car models which are in demand in the country may have higher prices compared to those which are not. This can be attributed to the rarity of acquiring one in the market considering the number of people who wants to take a hold of it. And dealers are wise enough to make the decision of increasing the price.

And knowing this might be another important asset in getting your price right. It puts dealers and buyers on common ground; no one will have the upper hand. This information can be seen in the classified of magazines and daily newspapers in the country. But it may be best to look at the Canadian Black Book or Canada’s Red Book for a more official list of a car’s value since this is what companies handling insurance and banks use. 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. You can also use the power of the internet in order to look up the value of cars which are available in the market.

Which leaves one question in mind: Where can you turn to in order to find a car’s true value in Canada?

One of the many options is using the power of the internet and log on to VMR.com. This website becomes more convenient because of the lack of difference in the value of cars in each region; there is uniformity. So, the site provides a more comprehensive list of the prices of each car which is up for grabs in the Canadian market so to speak. In addition, it also provides a depreciation calculator which can be used to look into the car type, the year it was manufactured, and the number of kilometers that it has traveled.

The second option is the Canadian Black Book which is commonly used by insurance companies and banks. Canadian Black Book takes into consideration the kilometers it accumulated, its appearance, and the mechanical condition of the car. The values registered in the Canadian Black Book are based on the auctions across the country. It is published twice a month. Its red counterpart on the other hand, only takes into consideration those in the Toronto region.

Lastly is Sanford Evan’s Gold Book which is the most comprehensive of its kind, but is only published annually. This takes into consideration the car’s value from British Columbia, Eastern and Western Canada.


Car Guy Garage: 8, 000lb. Black Deluxe 4 Post Service & Storage Lift #car #hire #canada


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Home Storage Car Lifts 8,000lb. Black Deluxe 4 Post Service & Storage Lift

Item Number: #69200

This 8,000lb. Black Deluxe 4 Post Service Storage Lift provides more than just smooth operation and good looks, it’s safety features and durability makes it the best choice for your service storage lift needs.

Features:

  • Carriages completely enclosed for safety
  • Redundant ladder lock safety system with auto engage locking bar in the event of cable failure
  • Extra large slider blocks for added stability
  • 10 lock positions
  • Aircraft quality cables rated at 14,500 lbs
  • 18 wide runways formed with one-piece 3/16 non-skid diamond plate
  • Easy operation: Lock release handle located near power unit
  • Large 3 diameter cylinder
  • Comes standard with casters, jack tray, and steel approach ramps
  • Overall length with ramps: 207 1/8
  • Overall width: 103 1/2
  • Overall height: 86 1/4
  • Track length: 165 1/2
  • Lifting height: 74 3/4
  • Width between posts: 94 1/2
  • Runway widith: 81
  • Maximum clearance: 70
  • Shipping Weight: 1,640 lbs
  • Lifting capacity: 8,000 lbs.
  • 110v / 1 ph.

This unit features manual locks and does not require an air supply to disengage them.

This lift will arrive at your location on an LTL semi truck. If you want to unload the lift at your home garage, we suggest calling up a tow truck company that has a tow truck with a boom on the back that is capable of hoisting the lift off the shipping truck when it arrives. It is the customers responsibility to have the necessary equipment to off-load the lift upon delivery. Please note that lead transit time can vary from 1-4 weeks after the build lead time due to procurement of appropriate freight truck. This is dependent on your location.


VBA6 – Black-Scholes Option Pricing Model #black #and #scholes #option #pricing #model


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The value of a call option (based on the original B-S model) has been described as a function of five parameters:

The following assumptions have been used in developing valuation models for options: 1. The rate of return on the stock follows a lognormal distribution. This means that the logarithm of 1 plus the rate of return follows the normal, or bell-shaped, curve. (The assumption ensures continuous trading – the stock rate of return distribution is continuous.) 2. The risk-free rate and variance of the return on the stock are constant throughout the option s life. (The two variables are nonstochastic.) 3. There are no taxes or transaction costs. 4. The stock pays no dividends. (This assumption ensures no jumps in the stock price. It is well known that the stock price falls by approximately the amount of the dividend on the ex-dividend date.) 5. The calls are European, which does not allow for early exercise. The B-S option pricing model is formulated as followed:

where N( ) = the cumulative normal distribution function of ( ).
In( ) = the natural logarithm of ( ).

Once we have the price for a call option, we can derive the price of the put option which written against the same stock with the same exercise price using the put-call parity developed by Stoll in 1969:

In this example, we derived call and put option price based on the Black-Scholes model. The function procedures are used. The first function, SNorm(z), computes the probability from negative infinity to z under standard normal curve. This function provides results similar to those provided by NORMSDIST( ) on Excel. The second function and the third function compute call and put prices, respectively. The call price is computed on cell C13, and the put price on cell C14. The two formulas are listed on B17 and B18 for reference purpose.

Function SNorm(z)
c1 = 2.506628
c2 = 0.3193815
c3 = -0.3565638
c4 = 1.7814779
c5 = -1.821256
c6 = 1.3302744
If z 0 Or z = 0 Then
w = 1
Else: w = -1
End If
y = 1 / (1 + 0.2316419 * w * z)
SNorm = 0.5 + w * (0.5 – (Exp(-z * z / 2) / c1) * _
(y * (c2 + y * (c3 + y * (c4 + y * (c5 + y * c6))))))

Function Call_Eur(s, x, t, r, sd)
Dim a As Single
Dim b As Single
Dim c As Single
Dim d1 As Single
Dim d2 As Single

a = Log(s / x)
b = (r + 0.5 * sd ^ 2) * t
c = sd * (t ^ 0.5)
d1 = (a + b) / c
d2 = d1 – sd * (t ^ 0.5)
Call_Eur = s * SNorm(d1) – x * Exp(-r * t) * SNorm(d2)

Function Put_Eur(s, x, t, r, sd)
Dim a As Single
Dim b As Single
Dim c As Single
Dim d1 As Single
Dim d2 As Single

a = Log(s / x)
b = (r + 0.5 * sd ^ 2) * t
c = sd * (t ^ 0.5)
d1 = (a + b) / c
d2 = d1 – sd * (t ^ 0.5)
CallEur = s * SNorm(d1) – x * Exp(-r * t) * SNorm(d2)
Put_Eur = x * Exp(-r * t) – s + CallEur