Buying at Black Book Price?

[crazycoder]

Used car prices on autotrader through private party or through dealers go way above black book, sometimes 2-3x more.

Does anyone have any tips or experiencing in using canadian black book trade in value as a price point for negotiation?

[Pete_Coach]

The Black (or Red or Green or Blue) book is a guide with a tremendous amounts of variables. Dealers, insurance companies and banks use the data collected by the book publisher for their own (read for their benefit) purposes. The Black book is current for for a short period and the values in it begin to diminish as soon as the book is published (it is published semi-monthly).
It is generally a wholesale value book and chances of you getting the car for the black book price are slim (if at all).

[rays101]

There are 2 different black book from the same company from what I understand.

The one you find on dealer sites and probably you are referring to are the trade in value which is what a dealer would give to the public for a car which is below wholesale.

There is a separate wholesale/retail black book which is available to dealers but are not available to the public which is higher values (as per black book website). http://www.canadianblackbook.com/html/consumer.html

Don't expect to get the "trade in" black book price for cars.