According to Black Book® data, the average price of a used vehicle for model years 2013-2017 decreased slightly in value -0.3% during May, with cars changing -0.7% and trucks -0.1%. All vehicles are averaging a 12-month change of -14.1%. This is trending better than May of last year, when 2- to 6-year old vehicles declined in value by -1.2%.
Despite the slight dip in total vehicle values last month, eight segments saw positive changes in May, led by Sporty Cars, up +1.1% in May.…
ContinueAdded by Black Book on June 15, 2018 at 10:13am — 1 Comment
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…
ContinueAdded by Black Book on June 12, 2018 at 8:58am — No Comments
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. …
ContinueAdded by Black Book on June 5, 2018 at 3:02pm — No Comments
Monthly Index Has Declined Just Three Times Over Last Ten Months
Black Book, a division of Hearst that provides industry-leading used vehicle valuation and residual value…
ContinueAdded by Black Book on June 5, 2018 at 11:13am — No Comments
Used & Specialty Vehicle Valuations Data Integrates for Loan Originations
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 GOLDpoint Systems, a leading loan origination system utilized by auto lenders across the United States.
GOLDpoint’s suite of loan management software…
ContinueAdded by Black Book on June 4, 2018 at 11:17am — No Comments
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. …
ContinueAdded by Black Book on May 29, 2018 at 10:10am — No Comments
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…
ContinueAdded by Black Book on May 22, 2018 at 11:22am — No Comments
Spring is typically viewed as a strong season for dealers, since many people receive their tax rebate checks and immediately use them to purchase a used car or truck. This past spring season, which takes place between February 1 - May 1, four mainstream car segments increased on average by 3.0%:
Sub-Compact Car |
+2.6% |
Compact Car… |
Added by Black Book on May 21, 2018 at 12:11pm — No Comments
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…
ContinueAdded by Black Book on May 15, 2018 at 3:22pm — No Comments
According to Black Book® data, the average price of a used vehicle for model years 2012-2016 increased in value by +0.3% during April, fueled by a strong spring selling season for cars, also up +1.3%; trucks saw a decrease of -0.4% on the month. All vehicles are averaging a 12-month change of -15.1%.
A total of nine vehicle segments increased in overall value during spring, including five car segments, led by Mid-Size and Compact Cars, each up +2.5% on the month.
Vehicles in…
ContinueAdded by Black Book on May 14, 2018 at 10:18am — No Comments
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. …
ContinueAdded by Black Book on May 8, 2018 at 1:58pm — No Comments
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…
ContinueAdded by Black Book on May 1, 2018 at 12:43pm — No Comments
Strength of Spring Has the Index Declining in Just One of Last Four Months
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 April showing that it remained unchanged from the…
ContinueAdded by Black Book on May 1, 2018 at 9:19am — No Comments
Black Book, a division of Hearst that provides industry-leading used vehicle valuation and residual value forecast solutions, announced today a new inventory recommendation solution named Black Book Cherry. Available on desktop or mobile, Black Book Cherry helps personalize dealers’ inventory discovery by automatically identifying the most desirable vehicles at auction, appropriately known as “cherries”.…
ContinueAdded by Black Book on April 30, 2018 at 11:54am — No Comments
Black Book has some new insight showing increased collector interest in Japanese cars from the 1960s/1970s. Many of the below cars and trucks were in the “first wave” of Japanese vehicles, and were radically different from the typical large American cars of the time.
"Over the last few years, collectors have shown increased interest in the first generation Japanese imports, such as Honda Civics. For years these cars were overlooked, but have recently become sought after, especially…
ContinueAdded by Black Book on April 25, 2018 at 3:35pm — No Comments
VEHICLE BUYBACK PROGRAM
Black Book, a division of Hearst that provides industry-leading used vehicle valuation and residual value forecast solutions, announced today it has partnered with Mobility Sales Solutions and its new Vin-Up™ solution for automotive dealers and their service…
ContinueAdded by Black Book on April 25, 2018 at 9:26am — No Comments
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. …
ContinueAdded by Black Book on April 24, 2018 at 10:48am — No Comments
Dealers using the new AuctionACCESS Mobile App will be eligible for discounted Black Book Digital
Black Book, a division of Hearst that provides industry-leading used vehicle valuation and residual value forecast solutions, announced today it has partnered with AuctionACCESS, a leading dealer…
ContinueAdded by Black Book on April 19, 2018 at 1:44pm — No Comments
According to Black Book® data, the average price of a used vehicle for model years 2012-2016 depreciated in value by -0.4%, an improvement from February’s level of -1.1% due to a continued stronger-than-expected spring selling season. Cars increased in value by +0.6%, while trucks decreased -1.1%. All vehicles are averaging a 12-month change of -15.0%.
For the second-straight month, Sub-Compact Luxury CUVs showed the largest depreciation in March at -2.6% (February showed -2.8%).…
ContinueAdded by Black Book on April 18, 2018 at 9:25am — No Comments
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 March showing that it fell -1.2% on the month registering 112.0 and down from 113.3 during February. The Index has now changed -0.9% over the last twelve months (113.0). Click here to obtain a copy of the…
ContinueAdded by Black Book on April 5, 2018 at 10:43am — No Comments
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