Black Book's Blog – July 2018 Archive (9)

Minivans and Compact Vans See Improved Values

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…

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Added by Black Book on July 31, 2018 at 12:04pm — No Comments

NEW BLACK BOOK ANALYSIS SHOWS VARYING RETENTION TRENDS OF DISCONTINUED MODELS

Not All Discontinued Vehicles Depreciation Alike

Black Book, a division of Hearst that provides industry-leading used vehicle valuation and residual value forecast solutions, made available today a new analytics-driven report that looks at why certain vehicle models were discontinued over the last several years, and how they’ve retained their values since discontinuation. Click here…

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Added by Black Book on July 30, 2018 at 10:22am — No Comments

Compact Cars Experience A Drop

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…

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Added by Black Book on July 24, 2018 at 1:13pm — No Comments

BLACK BOOK JUNE DEPRECIATION REPORT SHOWS HIGHEST BUT STILL BETTER THAN TYPICAL MONTHLY DEPRECIATION SO FAR IN 2018

According to Black Book® data, the average price of a used vehicle for model years 2013-2017 decreased in value -1.2% during June, with cars changing -1.6% and trucks -1.0%. All vehicles are averaging a 12-month change of -13.9%, which is a lower average depreciation than typical pattern of -16% to -18% annually.

Two segments each saw positive changes in their average values during June: Sporty Cars at +0.5%, and Compact Vans at +0.3%. Vehicles in the Sporty Car segment include the…

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Added by Black Book on July 23, 2018 at 4:21pm — No Comments

Light Truck Depreciation Higher Than Cars

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…

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Added by Black Book on July 17, 2018 at 10:47am — No Comments

BLACK BOOK BECOMES VALUATION PARTNER FOR MYEV.COM

Provides Vehicle Valuations for New Marketplace Catering to EV Vehicles

Black Book, a division of Hearst that provides industry-leading used vehicle valuation and residual value forecast solutions, announced today the integration of its vehicle valuation data with Motorsport Network’s MYEV.com, the first-to-market car shopping platform dedicated exclusively to the buying and selling of electric vehicles (EVs).

MYEV.com offers intuitive tools…

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Added by Black Book on July 16, 2018 at 3:10pm — No Comments

Originations through March 2018 reported as of May 2018

Auto Loan Originations Observations through March 2018 reported as of May 2018:

  • 5.82 million auto loans, totaling $130.6 billion, have been originated year-to-date. This is a 2.0% decrease in accounts and a 0.1% decline in balances from this time last year.
  • Auto loans represent 87.2% of all auto account originations and 90.3% of auto origination balances YTD.
  • 1.37 million auto loans have been originated YTD to consumers with a VantageScore® 3.0 credit score…
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Added by Black Book on July 12, 2018 at 9:52am — No Comments

BLACK BOOK USED VEHICLE RETENTION INDEX CONTINUES WITH GAINS LONG AFTER SPRING MARKET

Monthly Index Increased +0.3% During June

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 May showing that it increased 0.4% during June registering 113.3 and up…

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Added by Black Book on July 5, 2018 at 2:45pm — No Comments

Stability in Market Outside of a Few Luxury Segments

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…

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Added by Black Book on July 3, 2018 at 11:33am — No Comments

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