Black Book Live has been developed specifically to help dealers eradicate the issue of inaccuracy in car valuations. We recognise that working off valuations that are incorrect or out-of-date can have serious consequences on your ability to buy and sell for maximum return in the shortest possible time. Black Book Live is unique in that CAP is the ONLY independent valuations company offering valuations that are accurate every day.
- Up-to-date valuations: Offering an average of 19,000 mid-month valuation changes, you have complete confidence that the valuation you see is always up-to-date. The traditional monthly guide has the potential to be out-of-date a few days after its release. With Black Book Live your valuations are accurate 365 days a year.
- Access to more cars: Black Book Live provides access to around 50,000 makes, models and derivatives at any one time. This gives you piece of mind that the car data we hold matches the car you are looking to buy or sell. It removes the risk of incorrect valuations which cost you money. Compare this to the 8,000 cars covered in the more traditional monthly book releases.
- Accurate valuations: CAP is considered the industry benchmark for used car valuations. Why? Amongst other things, CAP is the only valuations company to employ Editors who have dealership experience in valuing vehicles. Our Editors take the time to investigate and research car values, trends and the market to ensure the values you see are accurate.
- Expert commentary: CAP is the only valuations company in the UK to provide a commentary for every vehicle value that changes, giving you the understanding as to why a valuation has moved.
- Eradicating errors: Our Valuation Anywhere service uses VRM look up to get you to the exact model and derivative you're interested in. Simply type in the Registration number and the mileage and Black Book Live gives you an instant valuation that is up-to-date. There's no more trouble identifying the exact derivative or model pack on the car, allowing you the confidence that the value provided is accurate. A manual look up facility is also available through Valuation Anywhere.
- Market intelligence: Black Book Live's accurate valuations and commentary provides our customers with the ability to enhance unit profitability as more informed stock decisions can be made where rising trade values occur. Access to up-to–date data also provides our customers with the opportunity to minimise unit profitability exposure in a falling market. You no longer need to delay any buying or selling decisions because you're waiting to see whether values have moved, allowing you more freedom to make more immediate decisions on your stock and thereby, gaining competitive advantage over those who rely on monthly data.
- Real-time, independent market view: Whilst CAP works with many organisations within the industry to provide accurate valuations, we are not affiliated to or governed by anyone. Our independence is key in providing the most objective view of market values and trends.
- Excellent coverage: Not only does CAP cover all the main models, makes and derivatives, but includes data going back more than 20 years for relevant models.
- Easy to understand values: Values are set at 3 condition points and are used by the motor industry as the benchmark for accurate valuations. CAP pioneered this approach and has been using the same consistent approach for more than 30 years.
