Kelly Blue book provides pricing information for any type of automobile. It covers the years between 1990 to the present day. Because the tool is so useful, many assume that it can provide information about a car’s pricing no matter where the car was bought. Unfortunately this isn’t the case. For instance, Kelly Blue Book wouldn’t be able to give you information about a vehicle that you bought in another country.
One of the reasons behind this is the fact that despite their similar appearance, cars made outside of the U.S often differ greatly as far as the make of the engine, the standards of safety, and what equipment would be optimal for the car. So while a place like Canada may not have a ‘blue book’ of its own that you can utilize, it does boast a Red Book, which is basically the same concept. The Canadian Red Book provides value prices for used Canadian cars. There’s also a Canadian Black Book which is a little different from the Red Book as it provides wholesale pricing.
While Canada doesn’t have a blue book that can be used for automobiles, you can visit canadianbluebook.com, and for a fee, find pricing for dealers of new and used motorcycles, snowmobiles, ATV’s and ect. Before purchasing a new car or selling your current one, always be sure to check what its book value is. Even though the Canadian ‘blue book’ only provides information for things like boats, motorcycles, and off road vehicles, there are other places you can look to find the information you need. As mentioned earlier, the Black and Red Books are good sources of information.
The Canadian Black Book looks at major dealer auctions across the country to determine their values. Published bi-monthly, the Black Book takes into account a host of things when determining the value of a car, including the amount of kilometers, how it looks, and what condition it’s in. Meanwhile, the Red Book only focuses on sales in the Toronto area when looking for comparisons. There’s also the Sanford Evan’s Gold Book available. As the most comprehensive resource for car values, the Gold Book is only published once a year. The wait is more than worth it however considering that it assesses car values from Western Canada all the way to British Columbia. If all else fails, you can always visit VMR.com.
There, you’ll be able to use the deprecation calculator to determine the value of a Canadian car. The calculator looks at the year, type, and kilometers. The site can come in handy, especially since unlike America, Canadian values aren’t regional and therefore don’t vary too considerably from one area to the next.