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Black Book collects data from wholesale auctions it attends in person or online, applies adjustments and compares them against dealer advertised prices. Access is restricted because it requires subscriptions, but public access to its price search features are accessible through third party sites such as Newcars.com. [4] Assessing car value is dependent on several factors including make, model ...
High consumer prices and production inefficiencies characterized the Canadian auto industry prior to the signing of the Canada–United States Automotive Products Agreement. The 1967 Automotive Products Trade Agreement or "Auto Pact" represents the single most important factor in making the Canadian automotive industry what it is today.
Currently, Canada produces around 10% of cars sold in the US (approximately 225,000 units), with Mexico supplying close to 20%. Interestingly, the US actually produces more cars for Canadian ...
The company reports market value prices for new and used automobiles of all types, as well as motorcycles, snowmobiles and personal watercraft. [16] For both new and used automobiles, Kelley Blue Book provides a fair market range and fair purchase price, based on actual transactions of what others are paying for a vehicle and adjusted regularly as market conditions change.
Trade-in value: This is the value of your car after trading it in to a dealer for another car. Trade-in value is calculated after the dealer assesses your vehicle’s condition and factors in what ...
Today, the average used car has around 70,000 miles, and some dealerships take in cars with up to 150,000 miles as trades. However, a vehicle with lower miles usually sells for a higher price than ...
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