Tagged Used Vehicle Values

Fleet Consignor Prices Rise 4.1% in January

Wholesale used vehicle prices for vehicles from fleet or lease consignors increased 4.1% in January from the prior month, but fell 0.3% from the same month a year ago, according to the latest Kontos Kommentary.

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Late-Model Auction Volume Favoring Cars: J.D. Power

In a reversal from the new-vehicle trend of trucks overtaking cars in market share, auction volume from the 2015 to 2018 model years favored the car segment in January. Late-model car auction volume accounted for 54% of the auction volume in January while trucks accounted for 46%.

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Tax Season Boosts Weekly Compact Van Values

Vehicles led by compact vans are continuing to hold their values well through the midway point in February, thanks in part to tax season demand, according to Black Book’s weekly Market Insights report.

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Flat Is Up for Weekly Compact Car Values

Compact cars values remained flat last week in average wholesale value, representing the best week for the segment this year, according to Black Book’s Feb. 12 Market Insights report.

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Wholesale Prices Decline for Third Straight Month: Manheim

Wholesale used-vehicle prices decreased 0.74% month over month in January. This brought the Manheim Used Vehicle Value Index to 131.0, a 4.9% increase from a year ago but the lowest level since last July.

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Carvana Brings Next-Day Delivery to South Carolina

Carvana has added Charleston, S.C. to the list of cities that it offers next-day delivery to, according to a company announcement.

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Black Book Used Vehicle Retention Index Dips 1.2%

Contrary to expectations, Black Book’s Used Vehicle Retention Index fell only 1.2% year-over-year in January, registering 113.1.

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Weekly Car Values Recover

As the tax season begins to roll in, stronger sales at auction resulted in some of the lowest depreciation for cars seen this year, according to Black Book’s Feb. 5 Market Insights Report.

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Weekly Wholesale Depreciation Beginning to Stabilize

After a few weeks of rising depreciation, truck and car depreciation appear to be stabilize, according to Black Book’s Jan. 29 Market Insights report.

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Weekly Vehicle Depreciation Continues to Accelerate

Overall, average wholesale car segment values declined 0.76% last week, compared to 0.63% the week before. Overall, truck segment values declined 0.48%, compared to 0.39% the week before.

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