Black Book's Blog – February 2019 Archive (7)

Overall Depreciation Rates Stable

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full…

Continue

Added by Black Book on February 26, 2019 at 2:05pm — No Comments

Depreciation Rates Improve

Continue

Added by Black Book on February 19, 2019 at 10:44am — No Comments

Spring Car Shopping Demand May Be Smaller Due To Lower Tax Refunds

Vehicle pricing analyst firm, Black Book, believes there may be slightly lower demand for car shopping this spring due to lower tax refunds issued to Americans. Spring is typically among the busiest times of the year for car shopping since many people wait for their tax rebate check to go out and replace their aging vehicle.

Last year, the spring tax refund season was a catalyst that led to some of the strongest demand for used vehicles since the recession ended in 2010. In…

Continue

Added by Black Book on February 14, 2019 at 10:01am — No Comments

Overall Depreciation Trends Stable

Continue

Added by Black Book on February 12, 2019 at 10:25am — No Comments

BLACK BOOK ANNOUNCES KEY ENHANCEMENTS TO BLACK BOOK CHERRY MOBILE APP

Replaces Black Book Digital as Flagship Mobile App

Black Book, a division of Hearst that provides industry-leading used vehicle valuation and residual value forecast solutions, announced today new enhancements to its dealer-focused subscription application, Black Book Cherry. Available via…

Continue

Added by Black Book on February 11, 2019 at 9:59am — No Comments

BLACK BOOK USED VEHICLE RETENTION INDEX DECLINES FOR SECOND STRAIGHT MONTH

Lack of Strength in January Could Preview a 2019 Market with Less Momentum than in 2018

Black Book, a division of Hearst that provides industry-leading used vehicle valuation and residual value forecast solutions, released its Used Vehicle Retention Index for January (115.4), falling -0.7% from December’s listing of 116.3. The Index has now declined two months in a row. Click here…

Continue

Added by Black Book on February 6, 2019 at 2:18pm — No Comments