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Compared to one year ago, cars are maintaining value slightly better, but the truck segments continue to drop.
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Five model years of used vehicles depreciated 2.3% in November, which showed a slight improvement from October and remained in line with the typical weakening of values at this time of year, according to Black Book data.
Read More →Used vehicles in the 2009-2013 model years fell 0.7 percent in value in March in a market bolstered by tax buying season and strong residual values of full-size vans, according to Black Book.
Read More →Sub-compact car retention rates for model-year vehicles older than two years has steadily declined in the month of August in the last five years, with 2014-model year vehicles falling about 30% more than comparable 2010-model year vehicles.
Read More →The truck segment outperformed cars and luxury car depreciation rates remained high last week, according to Black Book’s Feb. 20 Market Insights report.
Read More →When looking at the car segment changes the highest percentage changes come from the opposite extremes of fuel-economy levels. The trucks average segment change decline has increased for the third consecutive week but not at the same level as the cars.
Read More →The more prominently stable used-vehicle market was a result of the need to adjust fewer vehicles during the past week than any week of 2013.
Read More →GAINESVILLE, GA - The end of the year should be a little slower than normal in the wholesale market arena. This is typical, as many dealers are lying low during this end of the year stretch.
Read More →There continues to be much talk on the auction lanes regarding the “spring market” and this being “tax time," with several dealers saying anxious buyers are now coming in with checks in hand.
Read More →Volume-weighted, wholesale values for overall car and truck segments both showed gains for the ninth week in a row, increasing 1.46% overall last week (compared to 1.45% the prior week).
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