
Hertz Global Holdings’ monthly net per unit vehicle depreciation expense decreased 13% to $302 for its U.S. operations, during its first quarter of 2018.
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Prices for vehicles from fleet lease consignors increased 6.6% in March and are 4.9% higher than a year ago driven in part by a strong spring selling season that boosted the values significantly from February levels, according to KAR Auction Services.
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Used compact and midsize passenger cars held their value better than pickups and cargo vans in April, and overall vehicle depreciation eased due to a strong spring selling season, according to Black Book.
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Car values were up for the second month in a row last week, however, the segment's wholesale values show signs of leveling off, according to Black Book’s May 7 Market Insights report.
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AutoNation saw more used vehicle sales and higher used vehicle profits during its most recent quarter, on a same-store basis, according to AutoNation’s first quarter earnings call.
Read More →The Jeep Wrangler Unlimited retained the highest percentage of its value after the first year of ownership, according to analysis conducted by ISeeCars.com, a consumer shopping portal for used cars.
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Car values continued to rise last week, marking the seventh week of rising car values, driven in part by the performance of sporty and mid-size cars, according to Black Book’s April 30 Market Insights report.
Read More →Car values continued to rise last week, marking the seventh week of rising car values, driven in part by the performance of sporty and mid-size cars, according to Black Book’s April 30 Market Insights report.
Read More →Through a partnership between Black Book and Mobility Sales Solutions, dealers will now be able to provide service customers with up-to-date used vehicle values, in order to incentive the purchase of a new vehicle.
Read More →Overall, average car segment wholesale values were up 0.29% last week, compared to a 0.15% rise the week before. Overall truck segment values depreciated by 0.04% last week, compared to 0.16% depreciation the week before.
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