Loading data...
Black Book analysts forecast an annual depreciation rate of 15% in 2019 as the supply of used cars and trucks increases, up from a "noticeably strong" 12.4% depreciation rate in 2018.
Read More →
Outside factors such as a record-spanning government shutdown, the polar vortex, and a hit to consumer confidence led to a slow start to used sales in 2019.
Read More →Valuation and forecast solutions provider Black Book’s Used Vehicle Retention Index registered 113.8 for March, a 0.6% decline from February (114.5) but a 1.7% improvement from March 2018 (112.0).
Read More →Truck and car values both saw a bump last week, as the spring market continues to lift overall values, according to Black Book's April 8 Market Insights report.
Read More →The lull that the wholesale market experienced through January and February was upended in March, as the industry saw the traditional spring bounce in values, according to the most recent Manheim Index report.
Read More →Vehicle depreciation accounted for 32.9% of the total cost of ownership over the past 12 months, which continues a three-year trend of declining depreciation costs, according to a new study from Motus.
Read More →Overall truck segments are declining but some truckmakers saw increases of up to 5% due to new 1/2-ton pickups.
Read More →The Federal Reserve has voted unanimously that it would not hike interest rates any further for the remainder of 2019.
Read More →New-lease marketplace Wantalease.com reports falling average lease costs for a variety of Chevrolet and Ford vehicles.
Read More →In the month preceding the start of the Spring season, trucks continued to show the resilience they've shown in past months. A few key segments showed particular strength and luxury vehicles continued to struggle.
Read More →
