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Used vehicle prices experienced a reversal in May, falling 1.2% from the previous month, according to Black Book.
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Wholesale vehicles averaged a 12-month depreciation of 13.2% in 2017, compared to a 12-month depreciation of 17.3% in 2016, according to Black Book.
Read More →Last year the depreciation rate on used vehicles reached 12.1 percent, which was lower than the initial forecast. For 2015, depreciation levels are expected to hit 14.5 percent, according to a new report from Black Book and Fitch Ratings.
Read More →Exotic and high-end luxury cars that sell for more than $75,000 in some cases have been giving buyers significant bargains when they sell at auction, according to recent data from Black Book.
Read More →Rising used vehicle depreciation pulled average April values into the red in a month that's typically the last strong month of the spring season, according to Black Book.
Read More →Two- to six-year old vehicles depreciated 0.8% in February, with trucks and vans showing relative strength, while luxury and sporty cars again fell hardest, especially when compared to year-ago values, according to Black Book.
Read More →Wholesale values have continued to decline at a relatively high rate in recent weeks, a foreseen trend caused by the impact of seasonality.
Read More →GAINESVILLE, GA - According to Black Book, The four car segments that increased this past week have been consistently strong over the last two months. The Upper Mid-size Cars (UMC), up by $27, have increased for the past eight weeks. The remaining three increasing segments have all increased nine of the previous ten weeks.
Read More →Used vehicles model-years 2008-2012 overall depreciated -2.1 percent in October, marking a noticeable change from September data recorded at -1.3 percent.
Read More →The first thing that really stood out over the past week of auctions was the increase in the number of 2013 models that received their initial market driven wholesale values. Black Book editors added 26 different 2013 models with market-based values.
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