used car pricing guide
Verify we have the Car, Truck, Van, Minivan or SUV listed that you are thinking of buying, selling or trading in!
Some Common Knowledge
What Does Everything Mean?
Canadian Black Book
Canadian Red Book
The Stanford Evan’s Gold Book
Trade In Value
Certain auto manufactures provide a Canadian Black Book trade-in estimating tool. You can find a list of these manufactures on the Canadian Black Book site. Know however, the results display a value range that is reflective of a vehicle that has been unseen.
The condition and mileage of your vehicle plus local market conditions at the time you trade, will determine the final value. It is nearly always worth giving your new car supplying dealer an opportunity to purchase your trade-in. He is interested in supplying you with your new car so he will be motivated to give you a good price. The trade-in value will usually be approximately equal to the wholesale black book value, (The amount credited is typically five percent below the wholesale value of the vehicle).
Dealer Invoice Pricing
How can we help?
In addition to the latest true average national wholesale & retail pricing numbers we have a number of very useful articles related to selling or buying a new or used vehicle. One feature is a handy printable used car buying checklist, articles on how to prep your vehicle for sale and tips on negotiating a sale with car dealerships. We have informative car care and maintenence literature that is a must read for anyone wanting to keep their vehicle in tip top visual and mechanical condition.
Buy with confidence knowing that you are not paying too much for a used car, truck, van, minivan or suv vehicle in Canada! As an AutoClub Member you will have unlimited access to look up wholesale and retail pricing information on as many vehicles as you wish during your 30 day membership period!
Remember: If it’s not used car pricing information from the Canadian Black Book , you could be relying on information that is literally hundreds of dollars off current Canadian market values!
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Used Car Marketplace Information
Fact: The average mark-up on a used car is $1,500 to $3,000.
Fact: Typically, offering $2,000 below the display price is a good spot to begin negotiations.
Fact: Offering to pay cash for a vehicle limits your ability to negotiate with the dealer. Instead, if you tell the dealer you’d like to arrange a way to finance your purchase, they may be willing to knock of the price a little bit, because they make some money on the financing side.
Fact: To get a top dollar value for your trade-in, you should spend some time cleaning and polishing your car to look its best!
Fact: According to estimates by AutoCheck, there are more than 89,000 vehicles with rolled back odometers on the used car market in Canada.
Check Before You Buy! – Check the VIN number on the car. For about $15.00 you can check the vehicle’s true history by purchasing a Vehicle History Report.
Fact: Your offer to the dealer should always be conditional on getting an independent mechanical inspection.
Fact: A new car experiences significant depreciation in it first year because, you have paid retail price and yet can only recover the wholesale value of your car once you have left the lot.
Fact: A car loses between 15 and 20% of its value each year.
- A 2 year old car is worth 80 to 85% of what its value was after its first year.
- A 3 year old car is worth 80 to 85% of what its value was after its second year.
Highest four-year resale value percentages in Canada of MSRP.
less than $70,000
- Toyota RAV4
- Dodge Sprinter
- Mini Cooper
- Toyota Echo
- Smart Fortwo
- Honda Civic
- Toyota Tacoma
- Toyota Corolla
- Toyota Matrix