Black Book Values Vs. J.D. Power
J.D. Power has cemented a reputation for professionally accumulating and analyzing data in the best interest of consumers. For the automotive field, verifiable & unbiased information of real-world experiences endured by real vehicle owners is gathered through surveying the market from the third month to the third year of vehicle ownership.
The feedback generated from verified vehicle customers is used to segment the car market by price & size to create car ratings.
J.D. Power Score Classifications
- Models within the "best" classification are the highest rated within their category according to their owner
- Models belonging in the "great" classification didn't rate high enough to be considered for the top of their category, but were better than the average ratings within their category
- Models within the "average" classification earned a par score within their category
- As a benchmark, the average 100-Point Score is settled at 80 for the most recent model year, and older models usually experience a lower average rating than 80
On top of all that, serving consumers with a fuller understanding of car pricing and value, our J.D. Power Verified Fair Price is a dependable indicator that one is not overpaying for the desired vehicle. Using the purchasing information from over 12 million retail transactions each year, we keep close tabs on the average price and the price range paid by the majority of the people. Dealers who qualify will have the J.D. Power Verified Fair Price badge applied! Seeing that badge grants the assurance that the price is close to the average in that region.