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Black Book Offers New Valuations


Black Book Offers New Valuations
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Black Book has debuted VIN-specific history-adjusted valuations, an analytics-driven process for determining the impact a vehicle’s history has on its value.These valuations analyze multiple factors and events in a vehicle’s history such as number of owners, vehicle usage, accident and accident severity, title issues, flood/hail/fire damage, certified pre-owned history, and other variables that are not obvious when physically inspecting a vehicle.Black Book says that history-adjusted values are 31 percent more precise on average when compared to the auction transaction price than valuations without a history adjustment included.
Last modified on Wednesday, 10 January 2018 00:56

 

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