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Blog Category: Black Book

Longer Trade-In Times Inspiring Better Design

2013 Ford Fusion

Two reports, by AutoMD and Black Book, are showing that owners are holding on to their vehicles longer and for more miles than ever, as reported by The Detroit Bureau. Ten years and 150,000 miles are no longer unusual.

The AutoMD survey showed 78% of owners plan to keep their vehicle for more than 10 years, with only 3% expected to change cars within 3 to 5 years. And according to the Black Book Study, most trade-ins will have 125,000 to 150,000 miles by the time owners get a new vehicle.

This is a significant change from the glory days of the automotive past.

TrueCar Adds Black Book Values to ClearBook.com Used Car Site

ClearBook partners with Black Book

The hardest part about trading in your pre-owned car, is knowing if you are getting a fair value for the car.  There are a number of resources, in print and online that can show you what the presumed value is and you can hope that you are making a good deal.

One of the best is Black Book.  No nonsense and completely independent, Black Book offers accurate and up to date pricing based not only on the condition of the car, but of other external markers that shape both the market and the industry.