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  • How Are Vehicles Valued at Go Auto Outlet?

    At Go Auto Outlet, we make it easy to sell your vehicle. Why go through the risky and time-consuming process of private sales when you could receive an on-the-spot appraisal from an Alberta Motor Vehicle Industry Council (AMVIC)-certified appraisal expert? Learn how go Auto Outlet values vehicles whether you’re interested in trading-in or just taking a cash payment.

    Close up view of the Go Auto Canadian Black Book that sets benchmark standards for used vehicle prices

    Black Book Value

    The first step to determining a ballpark value range of your vehicle at Go Auto Outlet is by using the Canadian Black Book. Canadian Black Book (or CBB) is a tool that sets benchmark standards for used vehicle prices across Canada. Published by National Auto Research, CBB provides a third-party-determined value to provide a starting point for both buyer and seller. This objective valuation is the first tool Go Auto Outlet appraisers use to estimate vehicle values.

    Canadian Black Book data collectors visit over 60 auctions nationwide per week, and compares the data against dealer-advertised pricing. However, it is important to understand that CBB prices are approximations. If your vehicle is excellently maintained (with records), has additional accessories, and/or is in exceptional condition, your value may actually be higher than the Black Book suggested price. Conversely, if your vehicle is overdue on maintenance, running poorly, or is otherwise damaged, your vehicle’s worth may be less than the suggested value. You can learn more about the Canadian Black Book and research your own vehicle’s value range on this page. This gives us a starting place to work from when determining how much your vehicle is worth.

     

    Service technician inspecting the bottom of a vehicle that was raised up

    INSPECTION

    After determining your vehicle’s Canadian Black Book value range, our AMVIC-certified appraisal experts give your vehicle a complete inspection. Mechanical performance, physical condition, and condition of wear components like brakes and tires are all carefully evaluated. An inspection gives us a sense of your vehicle’s true condition, so we can compare it against the CBB range. Appraisals typically take an hour or less, and our appraisal experts are on staff at each of our West Edmonton, Leduc, and Red Deer location. To have your vehicle appraised, you can schedule an inspection appointment here.

     

    Offer

    After researching your vehicle’s Black Book value and performing an inspection, we can present an offer. The formula we use to determine value is as follows:

    Canadian Black Book Value Range – Reconditioning Costs = Purchase Offer Amount

    In special circumstances, other factors may affect the offer amount. For example, your offer may be increased if it is a popular vehicle in high demand. Offers can usually be presented within the day of appraisal, and will always include upfront reasoning for the calculated value.

    Car Salesman at a vehicle dealership smiling while holding paper documents in his hands

     

    Negotiation

    The last step of the appraisal process is negotiating. There may be room for flexibility, especially if you’re trading-in for an upgrade to a different Go Auto Outlet vehicle. Be sure to ask your appraisal expert about organizing the offer financing, service, accessories, or other perks.

    Our goal at Go Auto Outlet is to create an excellent buying and selling experience. Contact a location in Edmonton West or Leduc today to book an appraisal.

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    Go Auto Outlet West

    17860 102 Ave
    Edmonton, AB
    T5S 1M9

    Go Auto Outlet South

    6615 Sparrow Dr
    Leduc, AB
    T9E 7L1

    Go Auto Outlet Yellowhead

    13072 Yellowhead Trail
    Edmonton, AB
    T5L 3C1

    Go Auto Logo

    | A Go Auto Dealership

    Go Auto Outlet West

    17860 102 Ave
    Edmonton, AB
    T5S 1M9

    Go Auto Outlet South

    6615 Sparrow Dr
    Leduc, AB
    T9E 7L1

    Go Auto Outlet Yellowhead

    13072 Yellowhead Trail
    Edmonton, AB
    T5L 3C1

    Go Auto Logo

    | A Go Auto Dealership

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    *Where a photo is identified as a stock photo, the vehicle may not be exactly as shown. Stock photos may not reflect the vehicle’s exact colour, trim, options or other specifications. Please contact the dealership for verification or if you would like more information on this vehicle. *Prices for the provinces of Ontario, Alberta and British Columbia include dealer-installed accessories, optional equipment physically attached to the vehicle, transportation charges, taxes (other than GST/HST) and any applicable administration fees, but do not include GST/HST, insurance or licensing fees. For all other provinces (excluding Quebec), prices exclude taxes, insurance, licensing and other applicable fees. Price may not include dealer-installed options, accessories, administration fees, and other dealer charges. *All prices are in Canadian Dollars unless otherwise stated. *The Payment Calculator is for comparison purposes only and is based on the vehicle price, the entered term in months, the entered percentage rate and any other fields you are prompted to enter. Taxes, insurance, and licensing fees are additional. All financing is OAC. Please contact our dealership for more information.
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