Loading data...
Average wholesale values continued their downward trend last week, as the spring market comes to an end, according to Black Book’s May 15 Market Insights report.
Read More →
A 0.5% on a month-over-month increase in wholesale used vehicle prices (on a mix-,mileage, and seasonally adjusted basis) in April, brought Manheim’s Used Vehicle Value Index to 124.7%, representing a 1.6% year-over-year increase and the first time this year that the index has risen on a month-over-month basis, according to the company.
Read More →Trucks outperformed cars last week, driven in large part by the strength of compact vans, according to Black Book’s May 8 Market Insights report.
Read More →Full-size cars and compact vans continued to thrive, with wholesale values increasing by 0.46% and 0.39% respectively over the prior week period, according to Black Book’s May 1 Market Insights report.
Read More →Wholesale market values remain healthy as overall car values continue to increase and truck values remain flat, according to Black Book’s April 25 Market Insights report.
Read More →In March, prices were down 2.5% year-over-year for current and one-model-year-old units and down 2.6% for three-model-year-old units, according to ADESA. Overall, wholesale used prices were up 2% compared to February and up 1% year-over-year.
Read More →High vehicle demand delivered strong showings across nearly all vehicle segments in the past week, according to Black Book’s April 17 Market Insights report.
Read More →Cox Automotive has named Jonathan Smoke as its new chief economist, according to a company announcement. In his new role, the company added, Smoke will be responsible for leading the creating of an economic industry insights office.
Read More →eAutoAppraise, a provider of online trade-in valuation and credit prescreening services, said that with this move, it’s dealer partners would now have access to Black Book’s accurate vehicle valuation services.
Read More →Overall used car values were up 0.09% compared to the week before, while overall truck values were essentially flat on a volume-weighted basis, according to Black Book’s April 3 Market Insights report.
Read More →
