Buying or selling cars is not so easy in a lot of places and especially those places that do not have proper arrangements for the same. That is why it becomes very much important for you to know the exact values and evaluation of the cars that you want to buy or sell.
The United States is very lucky in this case as it has a special book for determining the values of various cars by calculating all the aspects related to the same. This book is the Kelley Blue Book of Canada. It is surely the best start to determine the exact value of your car and also of the other models of cars that you may dream to buy.
Also Read: Kelley Blue Book Used Cars
It should also be noted that the Canadian car valuation does not change from region-to-region and is the same unlike car valuation in the United States. The type of model of the car, its mileage, and the year of its making and launch is calculated properly and then a specific car value is taken out from the same.
Other types of Car Evaluation Books in Canada:-
Other than the Kelley Blue Book of Canada, some other books work in the car valuation as effectively as the Kelley Blue Book.
These books can be listed and described in detail as follows-
• The Canadian Black Book:
This book calculates the actual price of a car by comparing the various aspects of the same with the major dealer auctions taking place throughout the country.
This book focuses on the major attributes of a car such as its appearance, mileage, and its present mechanical condition to find out the exact value of the respective car throughout the market.
This book gets published in every 2 months so that it can calculate the value of the cars in a much better way and can also reach out to more and more customers in these 2 months period.
• The Canadian Red Book:
This book is opposite to that of the Canadian Black Book. Unlike the Canadian Black Book, this book studies and takes into consideration the sales of the car to calculate its current and accurate price.
Also, this book is limited only to Toronto and cannot go beyond this region because of a few of its incapabilities and shortcomings.
Only the regions of Toronto can get great benefits from this car valuation book.
• The Stanford Evan’s Gold Book:
This book gives the most comprehensive evaluation of the cars throughout Canada and is recognized as one of the most perfect books of car valuation.
But, there is a small problem related to this book and that is it gets published only once-a-year. This makes it difficult for the people to refer to this book for their car valuation as it cannot get hold of the current and ongoing car values for the rest of the year.
Its effect of value derivation is strong in Western Canada, Eastern Canada, and British Columbia.
Conclusion:-
The Kelley Blue Book of Canada is a very well-recognized and detailed book that makes you go through a lot of aspects of the car that you want to buy or sell. In the case of selling, this book can help you get the best value for your used car only if it is in good working condition.
However, the Kelley Blue Book and few of the other websites are accepted as authenticated only in the United States and not outside it. This may cause a little trouble for the people outside Canada and can also cause a little discomfort for them.
To solve this problem, there is an introduction of a new car valuation service that is brought forward by the Canadian Black Book. This service is very much similar to the Kelley Blue Book and gives accurate and up to the mark car valuation to the people outside Canada and the US.
Therefore, a proper analysis of all the aspects of car valuation will make you reach a good amount of profit whether you want to buy a car or sell it.