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As December progresses, average wholesale vehicle values continue to decline, with subcompact cars and subcompact crossovers leading the pack in their respective segments last week, according to Black Book’s Dec. 18 Market Insights report.
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The hurricanes that swept through Texas and Florida destroyed and damaged as many as 900,000 vehicles, and the replacement activity that the catastrophic events spurred boosted retention by almost 2%, according Black Book.
Read More →Wholesale cars and truck depreciation has continued to accelerate through the midpoint of December, as the seasonal slide continues to take effect, according to Black Book’s Dec. 11 Market Insights.
Read More →The average price of a used vehicle from model years 2012 to 2016 depreciated in value by 2.2%, in November, according to Black Book. Year-over-year, the average value for these vehicles has depreciated by 13.2%.
Read More →Black Book's Used Vehicle Retention Index for November, rose 0.3% month-over-month from 114.6 to 115.0, its third straight monthly increase dating back to August when it was at 112.6.
Read More →Respectively, subcompact cars, compact cars, and subcompact crossovers realized the highest depreciation rates among all vehicles tracked at 1.12%, 0.86%, and 1.38%.
Read More →Sporty cars and compact vans saw the heaviest depreciation last week, according to Black Book’s Nov. 27 Market Insights report.
Read More →Both car and truck wholesale values continued to fall last week, according to Black Book’s Nov. 20 Market Insights report.
Read More →Wholesale prices for fleet lease consignor vehicles fell 1.6% in October from the prior month and 4.5% higher than a year ago, Tom Kontos said in his monthly commentary.
Read More →Small cars saw the biggest weekly fall in average wholesale value while small pickups saw the strongest retention last week, according to Black Book’s Nov. 13 Market Insights report.
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