![]() Join to gain access to Black Book values and much more. Car dealership solutions such as DealerTrack and Eleads integrate with Black Book to provide their sales staff with real-time Black Book values.ĬarEdge is the first non-dealer, non-financial institution to provide Black Book values directly to consumers. Why would you pay a fee to evaluate your car one time? That is a big reason why most consumers aren’t aware of Black Book (until they get to the dealership).īlack Book valuations are provided through many different mediums, most notably a weekly magazine that is circulated among approved sources, and in other formats, including their website and app. Something that is unique about Black Book is that they charge a subscription fee, which means that their book values are typically only available to car dealerships and lenders. What is Black Book?įounded in 1955, Black Book has grown and evolved every decade, but their mission has remained the same: To provide the most accurate car valuations out there. While consumers are often familiar with a book of a different color (yes, we’re talking about you Blue Book), Black Book is often the one that dealers trust and use. Today, we’re going to take a look at one of the gold standards for car dealerships: Black Book. There are quite a few different evaluation resources out there, usually known as “books.” Each one of these books has its own unique method for evaluating how much a car is worth. Without knowing your car’s value, you risk expecting too much or selling it for far too little. What are their prices? Are they close to what you hope to get for your bike or are they close to the Kelley Blue Book Motorcycle values listed? Remember to take all factors into consideration before you label a dealership “bad or unfair” because their pricing was off.Understanding how much your car is worth is vital when you want to sell it privately or trade it in at a dealership. Head over to some local dealership’s websites and take a look at similar motorcycles for sale. If you use a website like eBay, it can be easy to do price comparisons. If you want to buy or sell a motorcycle, do your due diligence and compare other listings. Nobody wants to be told their motorcycle is worth $3,000 less than what they saw online! I would think dealers tend to loath the Kelley Blue Book Motorcycle values because it can often lead to negative customer experiences. I’m sure if you look closely at their terms of service, you’ll get a better idea. Not only do they have a brick and mortar store to deal with, but they also have advertising, employees, insurance, and a number of other expenses.Īll of these have to be calculated in their monthly budget and the revenue for this has to come from somewhere. What a lot of people tend to forget is these dealerships have a lot of overhead that goes into their pricing. National automobile dealers are in the same boat. Motorcycle dealers, similar to car dealers, tend to get a bad reputation when it comes to trade-ins and sales transaction mark-ups. Looking for professional motorcycle advice? Check out The Seasoned Wrench> The Kelley Blue Book motorcycle values don’t guarantee any pricing information that you receive, so don’t expect that to be the magic number when you get to the dealer. When we see this number, the thing to keep in mind for trade-ins is the number is just a reference. At the end of the walk-through, you’ll be given an estimated trade-in value for your bike, it will also have a range that depends on several factors and the condition of the motorcycle. ![]() Pick the best one that fits your bike and then walk through the questionnaire. When you get to the KBB site, you’ll see a ton of different motorcycle categories to choose from. When it comes to trading in your motorcycle, you’ll likely hop on over to the Motorcycle KBB, put in your motorcycle’s information like VIN number, styles, model, year, mileage, and so on. ![]()
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