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Depreciation for 1- to 5-year-old vehicles saw a significant increase to 2.9% for October from the 2.3% September rate with passenger cars seeing greater weakness, according to Black Book.
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Black Book recently released a new analysis of vehicle depreciation rates, noting that April generally is the end of the spring buying season for used cars and that this was the case last month.
Read More →Build Data comprises "as built" content such as optional equipment specific to a unique 17-digit VIN. This new integration will allow for a higher degree of valuation precision for General Motors vehicles.
Read More →NEW YORK – Penton Media's The Automobile Red Book, an automotive valuation guide, has launched its new Web site, www.autoredbook.com,which provides online information for determining values of more than 45,000 unique car and light truck models.
Read More →TORRANCE, CA – Fleets are testing electric vehicles (EVs) to determine whether they have possible applications, but large-scale adoption has yet to occur.
Read More →GAINESVILLE, GA - The market segments with the greatest dollar depreciation for the three-month period ending May 1 mirror the pattern from the previous three-month time period.
Read More →TORRANCE, CA - After super storm Sandy, the used-car market is about to see changes that will slow down vehicle resale value depreciation and possibly even push up prices in some categories, according to Black Book’s Senior Analyst Ricky Beggs.
Read More →GAINESVILLE, GA - Black Book released a list of the top 5 vehicle segment resale value drops for 2012 in its car and truck segment categories. The Near Luxury Car and Full Size Van Cargo segments saw the largest drops during the first half of the year.
Read More →IRVINE, CA - This year, Kelley Blue Book celebrates its 80th anniversary. The third-party automotive Web site is available online at kbb.com with more than 10 million visitors per month.
Read More →Kathy Ward, past president and CEO of Canadian Black Book, passed away on Dec. 24 after multiple years of fighting cancer. She was 60.
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