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Old 07-15-2012 | 10:49 PM
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Default red book value

Anyone know the red book value of a 2007 turbo with 53xxx kms?
Old 07-15-2012 | 11:57 PM
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I'm afraid I don't know what Red Book is...dealer values?

But there's this for what it's worth:

http://www.canadianblackbook.com/black-book-values

Something to replace the red one?
Old 07-16-2012 | 08:40 AM
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Red book is what the MTO uses to peg a value if they don't believe your bill of sale. As far as I know, they're the only people in the industry that use it. I've never heard of a dealer even mentioning it, much less using it. Last time I looked, which was a decade ago, their values were higher than black book.

Aside from MTO use, I wouldn't put any trust in their numbers.
Old 07-16-2012 | 02:42 PM
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Just for writting up the bill of sale....Make sure guy doesn't may to much tax?
Old 07-16-2012 | 03:03 PM
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go buy the used vehicle package from the ministry. it is shown there and it is supposed to be supplied by the seller anyhow by law.
Old 07-16-2012 | 03:05 PM
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Originally Posted by Turbodan
go buy the used vehicle package from the ministry. it is shown there and it is supposed to be supplied by the seller anyhow by law.
Ya, I'm doing that this afternoon.. Thanks
Old 07-16-2012 | 06:23 PM
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55k that's all ! Lol
Old 07-16-2012 | 11:26 PM
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As long as the buyer recognizes this would be the value of the car the insurance company will start calculating from if there ever was a major repair claim required, or a total loss claim, it's a decision the buyer will have to make him/herself.
Old 07-16-2012 | 11:55 PM
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Good point! I will make him aware! Thanks I didnt think about that.
Old 07-17-2012 | 01:01 AM
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he could always use a 19a to cover the appraised value.
Old 07-17-2012 | 01:12 AM
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Originally Posted by 997inTO
55k that's all ! Lol
Omg



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