Black Book Trade-In

Black Book Trade-In: Black Book describes its trade-in offering as tools built on its live market data, which the company says produce valuation ranges reflecting current buying and selling behavior. It draws on wholesale sales, retail trends, auction results, depreciation patterns and local demand, and looks at factors such as mileage, trim, features, region and condition.

Black Book Trade-In: Black Book Trade-In

A trade-in tool lets a customer generate a trade-in value from a set of questions about the vehicle. Black Book says the questions, inputs and thresholds are customizable to a dealer's needs.

A Black Book announcement describes a partnership with the TradeVelocity trade widget for nationwide launch, which shows the data powering a dealer-website tool.

Manufacturer sites also use it. Chevrolet and Cadillac present trade-in appraisal pages that name Black Book, and individual dealership sites, such as Star Ford of Big Spring, carry a Black Book value-your-trade tool.

Those pages show how the data reaches shoppers through several routes.

Black Book publishes an article on how dealers can use trade-in values to close more deals. It updates invoice and MSRP data on a regular schedule according to outside descriptions.

For buying at auction or setting trade offers, dealers use the guide's values with their own view of condition and market.

Carketa and dealer sites publish comparisons of Black Book and Kelley Blue Book, and Autocorp describes the Canadian Black Book data.

A used car manager would ask how the value is generated and shown to the customer, how the store controls the range, how leads flow to the CRM, how the guide is licensed and integrated with the store's appraisal tools, and how often the underlying data refreshes. Get it in writing.

Ask what is included.

Black Book Trade-In functions
Product or serviceFunction
Black Book Trade-InA trade-in valuation product.