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Vehicles led by compact vans are continuing to hold their values well through the midway point in February, thanks in part to tax season demand, according to Black Book’s weekly Market Insights report.
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Compact cars values remained flat last week in average wholesale value, representing the best week for the segment this year, according to Black Book’s Feb. 12 Market Insights report.
Read More →Wholesale used-vehicle prices decreased 0.74% month over month in January. This brought the Manheim Used Vehicle Value Index to 131.0, a 4.9% increase from a year ago but the lowest level since last July.
Read More →Carvana has added Charleston, S.C. to the list of cities that it offers next-day delivery to, according to a company announcement.
Read More →Contrary to expectations, Black Book’s Used Vehicle Retention Index fell only 1.2% year-over-year in January, registering 113.1.
Read More →As the tax season begins to roll in, stronger sales at auction resulted in some of the lowest depreciation for cars seen this year, according to Black Book’s Feb. 5 Market Insights Report.
Read More →After a few weeks of rising depreciation, truck and car depreciation appear to be stabilize, according to Black Book’s Jan. 29 Market Insights report.
Read More →Overall, average wholesale car segment values declined 0.76% last week, compared to 0.63% the week before. Overall, truck segment values declined 0.48%, compared to 0.39% the week before.
Read More →Average wholesale prices for fleet lease vehicles were down 1.9% month-over-month, but up 0.4% year-over-year, according to Tom Kontos, KAR Auction Services' chief economist.
Read More →Kelley Blue Book named Toyota as the winner of its 2018 Best Resale Value Award for the overall brand category, marking the third time that the company has received the award. For the luxury brand category, KBB named Porsche its winner.
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