We use a proprietary statistical expert system in which machine learning techniques are aided by our subject matter experts – analysts with a combined 250+ years of industry experience. MethodologyĪll Black Book values are data driven. Marketplace before any data trends emerge. Properly identify changes in buying behavior, demand, and supply in the They: inspect sold vehicles, record weather, attendance and other localĬonditions, and interact with the industry’s front line. Our survey personnel attend and report on over 65 auctions each week where Of all auction sales, and we account for all available sources, not just Lenders, dealer-to-dealer auction platforms, and more.

Sales data from most NAAA member auctions, as well as a variety of upstreamĪuction feeds from OEMs, fleet management companies, rental car companies, Relationships and agreements nationwide, Black Book receives transactional Most comprehensive view of the wholesale market. Sales Dataīlack Book’s wholesale price is based on the Through the use of real-time data, powered by AutoCheck, we incorporate over 1,200 VIN specific history data elements, and adjust the value accordingly, based on our proprietary algorithm, ensuring our users incorporate all potential variables into the true wholesale value. Recently, Black Book introduced a VIN specific valuation (History Adjusted Value) that considers the individual history of each vehicle, including the number of owners, vehicle usage, number of accidents and corresponding severity, title issues, flood/hail/fire damage, CPO history, and other variables that are not obvious when physically inspecting a vehicle. Precision, in the timeliest manner possible. Project a vehicle’s value, nor do we imply what the value should be rather,īlack Book reports the current valuation.

As an independent data guide, Blackīook’s mission is to agnostically report the market, therefore we do not The published values reflect daily changes in the marketplace and are adjustedįor mileage, condition history, and region. Over 60 years, Black Book’s Wholesale Values have been utilized by industryĮxperts, including buyers, sellers, and lenders, as the Gold-Standard toĪccurately represent the current fair value of a vehicle on the open auction.

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