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.
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.
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.