What is Black Book Value?
What it is
Black Book provides the wholesale or auction value of your car, which is the amount a dealer might pay for
Black Book acquires their pricing data from wholesale auctions, and retail transactions nationwide.
Black Book updates their used car prices on a weekly basis.
Frequent updates allows for faster response to market fluctuations.
Your car’s value
High mileage, vehicle damage, and the cost to recondition your car for resale all have an impact on the
overall value of your car.
Black Book vs. NADAguides & Kelley Blue Book
Kelly Blue Book (KBB) and the National Automobile Dealers Association (NADA) are two other popular providers of
valuation information. While these valuation tools share commonalities with Black Book, there are a few differences
among data sources between them, the frequency at which they compile data and the resulting values that