![]() ![]() ![]() We cover more than 95% of all auction sales, and we account for all available sources, not just one. Īdditionally, our survey personnel attend and report on over 65 auctions each week where they: inspect sold vehicles, record weather, attendance and other local conditions, and interact with the industry’s front line. Through proprietary relationships and agreements nationwide, Black Book receives transactional sales data from most auctions, as well as a variety of upstream auction feeds from OEMs, fleet management companies, rental car companies, lenders, dealer-to-dealer auction platforms, and more. Sales Dataīlack Book’s trade-in price is based on the most comprehensive view of the automotive market. Through the use of real-time data, powered by AutoCheck, we incorporate over 1,200 VIN specific history data elements, and adjust the value accordingly, based on our proprietary algorithm, ensuring our users incorporate all potential variables into the trade-in value. Recently, Black Book introduced a VIN specific valuation (History Adjusted Value) that considers the individual history of each vehicle, including the number of owners, vehicle usage, number of accidents and corresponding severity, title issues, flood/hail/fire damage, CPO history, and other variables that are not obvious when physically inspecting a vehicle. Our goal is to report the market with precision, in the timeliest manner possible. As an independent data guide, Black Book’s mission is to agnostically report the market, therefore we do not project a vehicle’s value, nor do we imply what the value should be rather, Black Book reports the current valuation. The published values reflect daily changes in the marketplace and are adjusted for mileage, condition history, and region. For over 60 years, Black Book’s Trade-In Values have been utilized by industry experts, including buyers, sellers, and lenders, as the Gold-Standard to accurately represent the current trade-in value of a vehicle. ![]()
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