GAINESVILLE, GA - The strong used-vehicle demand and activity that began the second week of November has continued throughout December and continues to be driven by the strong demand to replace the damaged and destroyed vehicles of Hurricane Sandy.
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GAINESVILLE, GA - New cars sales strength can have a number of effects on the used-vehicle wholesale market. Great retail for new vehicles will undoubtedly bring in more trades, which could ultimately be the next retail piece that doesn’t have to be purchased at an auction.
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GAINESVILLE, GA - Over the last few years, many of us in the industry have said we are not in a "normal market." This has referenced supplies, value trends that have seen both up and down movements, and some of those trends do not match the more historical patterns.
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GAINESVILLE, GA - This weeks' "Beggs on the Market Report," is a sit-down interview with the leadership of the National Auto Auction Association (NAAA).
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GAINESVILLE, GA – According to Ricky Beggs, managing editor of “Black Book,” the auction market continues to be influenced by the aftermath of Hurricane Sandy, at least in the New England and other Eastern markets.
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GAINESVILLE, GA - Black Book announced that Jared Kalfus has been promoted to vice president of Automotive Licensing.
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TORRANCE, CA - After super storm Sandy, the used-car market is about to see changes that will slow down vehicle resale value depreciation and possibly even push up prices in some categories, according to Black Book’s Senior Analyst Ricky Beggs.
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GAINESVILLE, GA - Values on used cars improved overall over the past week, with the average segment change being -$61, the lowest decline in the past 10 weeks all the way back to the week ending August 10, 2012.
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GAINESVILLE, GA - he strength of the used market going forward is expected to be less aggressive than the current market levels.
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GAINESVILLE, GA - The final quarter of 2012 has arrived and with this time of the year there are plenty of new 2013 models arriving at the franchised dealers’ lots.
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