Unlike in the United States, where used car values have been widely available for years, Canadian used car values have been more difficult to locate. Canadians can now access Canadian Red Book retail vehicle values by ordering online at canadianredbook.com.
The Canadian Red Book Vehicle Valuation Guide is designed for easy reference and provides used car and truck values projected from thorough studies of the used car market. It is published for the Canadian motor vehicle retail trade and companies involved in vehicle finance, insurance and related business.
It is important to remember that used car prices are always moving. Knowledge of the local market is your greatest asset. If you are contemplating buying or selling in the near future, start now by checking used car websites like Used Cars Ontario™. Get a feel for what other people are asking for similar vehicles to the one you want to buy or sell and estimate that a fair market value is something lower.