Black Book's Blog (340)

BLACK BOOK POWERS ONLINE TRADE APPRAISALS FOR NSIGHTLIVE'S PIONEERING DIGITAL CONTENT PLATFORM

Black Book, a division of Hearst Business Media that provides industry-leading used vehicle valuation and residual value forecast solutions, announced today it will power the online trade appraisal resource for NsightLive, a leading content engagement company that delivers quality leads to dealers through its pioneering Live content platform.

With Black Book’s trade appraisal engine, NsightLive is filling the void for independent auto dealers who currently do not…

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Added by Black Book on April 26, 2017 at 10:08am — No Comments

Car segments continue to do well

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…

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Added by Black Book on April 26, 2017 at 10:07am — No Comments

BLACK BOOK USED VEHICLE RETENTION INDEX FALLS TO 113.0 ENTERING APRIL

Black Book, a division of Hearst Business Media that provides industry-leading used vehicle valuation and residual value forecast solutions, announced its latest Used Vehicle Retention Index figures, with the index listed at 113.0 at the end of March, a 0.8% decrease from the previous month’s mark of 113.9. Click here to obtain a copy of the latest index data.

 

The Black Book Used Vehicle Retention Index is calculated…

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Added by Black Book on April 19, 2017 at 1:54pm — No Comments

BLACK BOOK USED VEHICLE RETENTION INDEX FALLS TO 113.0 ENTERING APRIL

Black Book, a division of Hearst Business Media that provides industry-leading used vehicle valuation and residual value forecast solutions, announced its latest Used Vehicle Retention Index figures, with the index listed at 113.0 at the end of March, a 0.8% decrease from the previous month’s mark of 113.9. Click here to obtain a copy of the latest index data.

 

The Black Book Used Vehicle Retention Index is calculated…

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Added by Black Book on April 13, 2017 at 10:15am — No Comments

BLACK BOOK DEPRECIATION REPORT SHOWS CONTINUED IMPROVEMENT IN VEHICLE RETENTION VALUES

According to Black Book® data, the average price of a used vehicle for model years 2011-2015 depreciated by -0.6% in March. Cars overall saw depreciation of –0.3% versus trucks, which saw –0.8% depreciation. All vehicles are averaging a 12-month depreciation change of –17.9%.

In March, four vehicles including Compact Cars, Sporty Cars, Compact Vans and Full Size Vans, increased in value. Out of those vehicles, Compact Vans preformed the best, increasing by +2.1% in value. Vehicles in…

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Added by Black Book on April 6, 2017 at 11:18am — No Comments

Everyday Cars That Became Collectibles Over Time

Think it's possible for an everyday car at a dealership to one day become a collectible car worth millions? Vehicle valuation specialists, Black Book, analyzed several affordable cars that were once purchased modestly at MSRP and eventually became great collectibles. Here is the list, compiled by Black Book:

 

Make…

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Added by Black Book on March 21, 2017 at 12:13pm — No Comments

Commercial Compact Vans Getting another Look after Months of Low Performance

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…

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Added by Black Book on March 21, 2017 at 12:12pm — No Comments

Cars Performed Better than Light Trucks Last Week

Cars Performed Better than Light Trucks Last Week

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.…

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Added by Black Book on March 14, 2017 at 2:54pm — No Comments

BLACK BOOK LAUNCHES THE USED VEHICLE RETENTION INDEX FOR ACCURATE VIEW OF THE WHOLESALE USED VEHICLE MARKET

Black Book, a division of Hearst Business Media that provides industry-leading used vehicle valuation and residual value forecast solutions, announced today the Black Book Used Vehcile Retention Index, designed to offer an unbiased, accurate view of the strength of today’s used wholesale market values. Click here to obtain a copy of the latest Index.

The Black Book Used Vehicle Retention Index is calculated…

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Added by Black Book on March 13, 2017 at 10:55am — No Comments

Small Cars, Small SUVs and Vans Performed Best Last Week

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…

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Added by Black Book on March 8, 2017 at 1:15pm — No Comments

BLACK BOOK DEPRECIATION REPORT SHOWS INCREASED RETENTION STRENGTH FOR CARS

 According to Black Book® data, the average price of a used vehicle for model years 2011-2015 depreciated by -0.8% in February. Cars overall saw depreciation of –0.8% versus trucks, which saw –0.7% depreciation. All vehicles are averaging a 12-month depreciation change of –17.9%.

In February, Small Pickups preformed the best, increasing their value by 0.2%. Vehicles in the Small Pickups segment include the Toyota Tacoma, Chevrolet Colorado, Nissan Frontier and Honda Ridgeline.…

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Added by Black Book on March 8, 2017 at 1:04pm — No Comments

Small Cars and Crossovers Performed Better while Luxury Vehicles Dropped More

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…

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Added by Black Book on March 2, 2017 at 9:27am — No Comments

BLACK BOOK & FITCH RELEASE 2017 JOINT VEHICLE DEPRECIATION REPORT

Black Book, a division of Hearst Business Media that provides new- and used-vehicle valuation services and custom data licensing solutions, made available today its latest joint depreciation report with Fitch Ratings. The report, accessible by clicking here, forecasts 2017 vehicle depreciation to reach 17.8%, slightly up from the 17.3% mark recorded in 2016. Average pre-recession annual depreciation trended between…

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Added by Black Book on March 2, 2017 at 9:24am — No Comments

Truck Segment Values Held Better Last Week

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.…

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Added by Black Book on February 27, 2017 at 2:46pm — No Comments

Best Market Performance in Nine Months

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…

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Added by Black Book on February 8, 2017 at 10:30am — No Comments

NEW BLACK BOOK WHITE PAPER HIGHLIGHTS HOW DATA ANALYTICS ARE USED TODAY FOR AUTOMOTIVE

Black Book, a division of Hearst Business Media that provides new- and used-vehicle valuation services and custom data licensing solutions, made available today its latest insights white paper: “Data Analytics: Critical For Driving Today’s Automotive Decisions”. The paper offers an in-depth look at the role data analytics are now playing for automotive professionals, and how they can be used to make more profitable business decisions.…

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Added by Black Book on January 31, 2017 at 10:08am — No Comments

Best Retention in Car Segments in Six Months

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 report.

This week’s Black Book Market Insights report shows that car segments are retaining their values better than they have in the past six months. On the other hand, Compact Vans in the truck segment have depreciated the most with a 1.94% drop in value last week alone.

“Compact…

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Added by Black Book on January 25, 2017 at 3:09pm — No Comments

BLACK BOOK SAW STABILIZATION OF DEPRECIATION TRENDS TO CLOSE OUT 2016; SPRING SEASON BEGINNING TO SEE ACTION

According to Black Book® data, the average price of a used vehicle for model years 2011-2015 depreciated by -2.4% in December. Cars overall saw depreciation of –2.7% versus trucks, which saw –2.3% depreciation. All vehicles are averaging a 12-month depreciation change of –17.3%.

In December, Compact Vans saw the largest drop in value at –6.1% on the month, the largest single-month drop of any segment over the last twelve months. Vehicles in this category include the Ford Transit…

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Added by Black Book on January 4, 2017 at 1:56pm — No Comments

Used Luxury Cars in Low Demand at This Time of the Year

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 report.

This week’s Black Book Market Insights report shows increased depreciation in luxury vehicles. Trucks as a whole had a greater average depreciation this week as compared to cars. However, two vehicle segments within the truck segment had solid retention and even increased their…

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Added by Black Book on December 28, 2016 at 4:06pm — No Comments

Sub-Compact Car and Sub-Compact Crossover Values Decline the Most

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…

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Added by Black Book on December 21, 2016 at 9:39am — No Comments

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