Welcome to another edition of Black Book data and Beggs on the Used Car Market. I’m Ricky Beggs Editorial Director at Black Book. Thank you for tuning in to see some very interesting movements in the market value over the past week. Looking at the various comments gathered and reported by the Black Book survey personnel and editors as they stood on the auction lanes gave us as much of a wide spread of impressions of the market as I can remember…
ContinueAdded by John Sternal on November 26, 2013 at 9:44am — No Comments
Swapalease.com, the nation’s largest car lease marketplace, reports average car lease prices for cars on the road rose 1.2% year-over-year according to October new listings. Monthly prices averaged $586.00 in October compared with $579.93 in October 2012. These prices compare to an average of $582.02 in September.
Among today’s popular leases, The Infiniti G37 saw the largest year-over-year increase, jumping 20.2% ($535.81)…
Added by John Sternal on November 25, 2013 at 10:49am — No Comments
Swapalease.com, the nation’s largest car lease marketplace, reports credit approvals were relatively unchanged in October compared with the previous month. The year-to-date approvals for customer credit finished October at 72.8%, compared with September levels of 72.7%.
The current rate shows a marked improvement over last year’s percentage, when 64.4% of approvals were processed through the end of…
Added by John Sternal on November 20, 2013 at 3:33pm — No Comments
Gas Prices Impacting Certain Segments
Cars & Trucks
One of the most often mentioned topics to the Black Book editors during the week was related to the coming increasing supplies of used vehicles and ultimately an adjustment in value retention. Currently the level of adjustment in the market values is a result of the beginning of a few more choices in the market,…
Added by John Sternal on November 19, 2013 at 1:30pm — No Comments
Here is the latest used car market report from Black Book and Ricky Beggs, Editorial Director. Thanks for taking the time to tune into this video market blog from Black Book. While out in the field for a couple of days this past week, the number of comments I received from people who regularly watch…
ContinueAdded by John Sternal on November 13, 2013 at 10:12am — No Comments
According to Black Book data, used vehicles model years 2008-2012 overall depreciated -2.1% in October, marking a noticeable change from September data recorded at -1.3%. Domestic cars depreciated -2.5%; import cars were -2.3%; domestic trucks were -1.7%; and import trucks were -2.1%. Average pre-recession depreciation is historically between -1% and -2% monthly.
Full-size pickups and Full-size CUVs led all segments with the strongest monthly depreciation levels each at just -1.1%.…
Added by John Sternal on November 11, 2013 at 11:00am — No Comments
Following is the latest used-car weekly report from Ricky Beggs of Black Book USA. This data is for the week ending July 21, 2012.
Even though the overall market continues to move down at increasing dollar and percentage levels, the number of adjustments at 1,941 per day throughout the week was the 3rd lowest amount over the past 11 weeks. The average price…
ContinueAdded by John Sternal on July 25, 2012 at 1:30pm — No Comments
Following is the latest used-car pricing report from Ricky Beggs at Black Book USA. For the full report visit their data and videos center.
Even though the activity increased week over week, there were some interesting changes within the market values for the week. The softening in values continues as only 11% of all adjustments were…
Added by John Sternal on July 18, 2012 at 1:10pm — No Comments
Following is the latest Black Book pricing data on the used-car market. Additional analysis and chart information can be found here.
It was an interesting week regarding the market values. Sure the softening trend continued. The car segments were overall at very close to the level of the previous 4 weeks, at -$31 this past week. The lone increasing segment in the cars was the Premium Sporty Cars (PSC) at…
Added by John Sternal on June 20, 2012 at 1:54pm — No Comments
Boca Raton, Fla. - Black Book Online, the leading online vehicle trade-in sales lead generator, today announced an upgrade to its Activator™ platform with features designed to help automotive dealers generate more high quality trade-appraisal leads via mobile technology and social media.
New feature-rich…
Added by John Sternal on June 1, 2012 at 1:26pm — No Comments
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