Canadian Black Book Archives

Wholesale Vehicle Prices in Canada Experience Sharp Decline, Surpassing Sixfold the Historical Average

The Canadian automotive wholesale market witnessed a substantial decline last week, with average vehicle prices dropping significantly, marking the most considerable decrease of 2023. According to the latest data from Canadian Black Book (CBB), this decline surpassed six times the...

December 10, 2023

Why educating customers about residual value can be a major selling point at your dealership

Eric Ibara, Director of Residual Values for Kelley Blue Book discusses the importance of residual values and how automotive dealers can leverage resale values as a major selling point. In this video, Ibara says that dealers can showcase the vehicles that hold...

March 27, 2021

Canadian Used Vehicles Worth More Than Ever According to CBB Awards

Markham, ON, March 22, 2021- Today, Canadian Black Book announced its 2021 Best Retained Value Award Winners. The fourteenth edition of the much anticipated awards featured the highest ever industry average used vehicle retained value across all vehicle models in Canada,...

March 26, 2021