The car loan Equity Calculator will help you identify when your car, truck or SUV is worth more than the outstanding loan amount. In other words, it will show you when you are in a positive equity state.

Welcome to Canadian Black Book, the definitive source for unbiased vehicle valuations in Canada for over 55 years. we offer a free equity calculator tool for your vehicle. As loan terms get longer and longer, understanding the equity of your car compared to borrowing costs becomes more important. With this tool, you will be able to forecast at what point in your loan term you will have positive equity. To get started, select the correct Make & Model of the vehicle you want a valuation for.