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Black Book is a division of Hearst Business Media Corporation. The magazine is circulation controlled, restricted to dealers and financing sources. Black Book is issued weekly, reflecting the latest prices direct from actual or online automobile dealers. [2] National Auto Research Inc, provides vehicle pricing.
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.
This value will also include a profit margin for the dealer. Certified pre-owned value: A certified pre-owned value is the value of a vehicle that has been inspected by third-party inspectors ...
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 ...
Cox entered the automotive industry in 1965 with the purchase of Black Book. Three years later, Manheim was purchased by Cox as well. In the 1980s, Manheim acquired its first non-U.S. auction in Toronto, Canada, making Cox an international company. In 1997, Autotrader.com was founded revolutionizing the way people buy and sell used cars. In ...
Shopping for a car can quickly go from exciting to stressful, especially when you're sticking to a budget. According to Kelley Blue Book, as of May 2020, a new small car averages $20,000, while the...
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