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Better-than-normal sales conversions are continuing into early March, according to Ricky Beggs, vice president and managing editor of "Black Book."
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Overall, the volume-weighted car values were flat from last week, according to Black Book. The volume-weighted truck values increased by +0.31 percent from the past week.
Read More →While most car segments continue to face generally higher depreciation compared with trucks, according to Black Book, this past week that it’s not just smaller cars feeling heavier depreciation right now.
Read More →More signs are on the horizon that the summer slowdown is taking shape. All car segments saw a decreasing change in values this past week, and comments straight from the lanes showed dealer inventories are at levels that make for a more discriminating buyer at auction.
Read More →Used vehicles from the 2011 to 2015 model years depreciated 1.5% in July, a slight improvement over June's 1.7% depreciation rate, reports Black Book.
Read More →GAINESVILLE, GA - The champion of the used-car market this week was the fact that 53 percent of the changes the editors of Black Book made were increases.
Read More →Compact SUVs held the strongest retention value in April, increasing 2.8 percent in a month that saw overall depreciation largely unchanged from March levels, according to Black Book.
Read More →Many small car segments saw improvements to their average wholesale values through March, however, a dip in values among larger cars resulted in an overall decline to used vehicle values, according to Black Book data.
Read More →The vehicle depreciation rate will reach 17.8% in 2017 on 17 million new-vehicle sales, slightly higher than the 17.3% mark recorded in 2016, according to latest forecast from Black Book and Fitch Ratings. Prior to the Great recession, annual depreciation trended between 16% and 18%.
Read More →This week’s Black Book Market Insights report shows that car and truck segments depreciated at nearly the same percentage this past week.
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