#BLACK BOOK VALUE BY VIN HOW TO#
#BLACK BOOK VALUE BY VIN PDF#
#BLACK BOOK VALUE BY VIN SOFTWARE#

One major drawback is that most customers are not familiar with it. Drawbacks of Black Bookīlack Book is a powerful tool for dealers, but it is not perfect. However, if you are in a highly competitive market and want to gain an edge, Visual Analytics is worth exploring. Visual Analytics is probably overkill for most dealers.

Recognize & Forecast Depreciation Trends.

Identify New and Emerging Opportunities.

Detailed Segment and Model Analysis to Understand Market Trends.

With Visual Analytics, dealers can identify market trends and opportunities and share them with beautiful graphics. Visual Analyticsįor dealers who want to go even deeper into the data, Black Book offers Visual Analytics, a subscription-based tool that provides Tableau-like data visualization. It gives dealers powerful insights to run more successful businesses. The Black Book API does more than just provide vehicle valuations.

Lookup by Chrome ID – Use a Chrome Style ID and option codes to retrieve vehicle values.

Standard equipment – a list by category of equipment, for example: dimensions.

Colors – a list by category of interior and exterior colors.

#BLACK BOOK VALUE BY VIN PDF#

Specification PDF – Provides options and equipment that were available on the vehicle when it was new.Finance advance value – market driven value for loan originations.(For Canada, only selected months are available) Residual values – 1 to 72 month residual values.

Private Party values – (three conditions) clean, average, rough.Wholesale, Trade-In, and Retail values – (Available for US only).History Adjusted Valuations – an adjustment made for events present on the Experian AutoCheck® report.Retail values – (four conditions) extra clean, clean, average, rough.Trade-in values – (three conditions) clean, average, rough.Wholesale values – (four conditions) extra clean, clean, average, rough.The Black Book API allows dealers to access:

#BLACK BOOK VALUE BY VIN SOFTWARE#

The API integrates with websites and backend software solutions to add the power of Black Book to your existing tools. Say you want to add Black Book valuations to your dealership’s website. Since no two vehicles are exactly the same, history adjusted valuations give dealers a more precise appraisal value. The Black Book Digital subscription comes with history adjusted valuations that account for a vehicle’s accident history, past owners, and other historical factors. Dealers who have a Black Book subscription can access the pricing book online, on mobile, or in the original print edition, published weekly. But what can Black Book do for dealers, specifically? Vehicle Valuationsīlack Book vehicle valuations are the most popular use case for dealers. For example, financial institutions use Black Book data as the basis for loan originations.

Professionals from around the auto industry rely on Black Book for a variety of data-driven activities. Autocheck Black Book Use Cases for Dealers While it’s used for day-to-day vehicle valuations, Black Book is capable of so much more. Black Book data is published daily by National Auto Research, a division of Hearst Business media, and the company maintains offices in Georgia, Florida, and Maryland as well as the Canadian Black Book in Toronto.”īlack Book data goes below the surface to give auto professionals a deeper understanding of the market. A leading provider since 1955, Black Book has continuously evolved to ensure that it achieves its goal of delivering mission-critical information to its customers, along with the data analytics necessary to successfully buy, sell, and lend. “Black Book® is best known in the automotive industry for providing timely, independent and accurate vehicle pricing information, and is available to industry-qualified users through online subscription products, mobile applications and licensing agreements. Here’s how Black Book describes itself in its own words : Their products include historical, current, and projected pricing values, industry analytics, and a data visualizer tool for easy reporting. Black Book creates data-driven tools for dealers, lenders, OEMs, and other automotive professionals. Unlike Kelley Blue Book and NADA, Black Book is almost exclusively an industry resource, not a consumer tool.

#BLACK BOOK VALUE BY VIN HOW TO#

In this Dealer’s Guide, we’re going to take you through the in’s and out’s of Black Book and show you how to get the most out of it. It can be overwhelming to navigate the features for the first time, but once mastered, Black Book will become an invaluable resource. Since its founding in 1955, Black Book has grown into a fleet of powerful tools for the data-driven auto professionals. Black Book is a more than just a pricing book.

Black book value by vin