Tagged Black Book

Vehicle Depreciation Reaches 'Seasonal High Declines'

Both car and truck wholesale values continued to fall last week, according to Black Book’s Nov. 20 Market Insights report.

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Small Pickups See Rise in Weekly Wholesale Value

Small cars saw the biggest weekly fall in average wholesale value while small pickups saw the strongest retention last week, according to Black Book’s Nov. 13 Market Insights report.

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Resilient Used Vehicles Keeping Depreciation at Bay

Used vehicles from one to five years old fell 1.4% in value in October in a steady used-vehicle market that showed significant improvement from a year ago with large pickups leading the way, reports Black Book.

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Weekly Car and Truck Depreciation Rises

Both cars and trucks saw a noticeable rise in depreciation last week, according to Black Book’s Nov. 6 Market Insights report.

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Black Book's Index Continues Upward March in October

The firm attributed the strong vehicle retention in October to increased replacement activity stemming from Hurricanes Harvey and Irma. However, the increased replacement activity seen in October is expected to be the last boost to come from the hurricanes.

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Used Car Leasing Could Boost Remarketing Activity

With the number of off-lease vehicles coming into the used car market projected to grow in the coming years, it might be the time for used car leasing to make a return, which would boost demand and price at wholesale for several used car segments, according to Swapalease.com.

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Weekly Wholesale Values Remain Flat

Average wholesale values saw little change last week compared to the week before it, with depreciation falling in both the car and truck segment, according to Black Book’s Oct. 30 Market Insights report.

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October Depreciation Rates Seasonally Low

Depreciation trends for both car and truck segments are seasonally lower than what is normally expected this time of year, according to Black Book’s Oct. 23 Market Insights report.

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Black Book Adds Valuation Data to AutoAlert Software

Black Book will begin offerings it valuation data AutoAlert, a data-mining and communication solution, under a new partnership. Under this agreement, Black Book will populate AutoAlert’s algorithms with its proprietary vehicle values, the company has announced.

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Non-Houston Used Vehicle Values Fall

While average wholesale prices in Houston remain elevated, vehicles throughout the rest of the country saw higher rates of depreciation last week, according to Black Book’s Oct. 16 Market Insights report.

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