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NewsJune 21, 2012

Kalfus Joins Black Book as Director of Automotive Leasing

GAINESVILLE, GA – Black Book announced that Jared Kalfus has joined the company as its Director of Automotive Licensing.

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NewsJune 21, 2012

'If Sales' Turn to 'No Sales'

GAINESVILLE, GA The number of 'if sales,' where a seller just can’t pull the trigger as the high bid was close to the floor, but not close enough for an instant selling decision, declined. The decline in 'if sales' actually slid over to the on the spot 'no sales' category where the percentage went up.

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NewsJune 12, 2012

Black Book Says Seasonal Drop in Resale Values on the Horizon

TORRANCE, CA - Automotive Fleet magazine spoke with Black Book's Ricky Beggs about the factors driving the seasonal change in resale values, including which segments are holding strong and which are losing value.

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NewsJune 11, 2012

Several Factors Impact Used-Vehicle Values

GAINESVILLE, GA - Gasoline prices are continuing a downward decline according to the recent Beggs on the Market report, another 5.7 cents this past week to a national average of $3.61 per gallon at the pump.

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NewsMay 29, 2012

Less Aggressiveness on the Auction Lanes

GAINESVILLE, GA - The movement in the market this past week required Black Book to make the second largest number of daily adjustments during the past year

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NewsMay 21, 2012

Economic Improvement Starts to Open the Pent-Up Demand for Used Product

GAINESVILLE, GA - Even though the struggling economic news continues to lead the headlines from Europe, we are starting to see positive signs that the long awaited improvement in most economic venues in the U.S. is opening up the pent-up demand for both new and used product.

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NewsMay 9, 2012

Panic Buying of Economy Cars Has Gone Away

GAINESVILLE, GA - With gasoline prices settling down even lower this past week, wouldn’t you expect the car values to be a little weaker and the trucks to get a little stronger?

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NewsMay 7, 2012

Used-Vehicle Prices Experience Slight Decline

GAINESVILLE, GA - According to the recent Beggs on the Market report, overall, cars declined an average of $13 per segment type, which translates to a meager -0.1% decline.

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NewsApril 30, 2012

Solid, but Not Aggressive Used-Vehicle Market

GAINESVILLE, GA - According to Black Book, The four car segments that increased this past week have been consistently strong over the last two months. The Upper Mid-size Cars (UMC), up by $27, have increased for the past eight weeks. The remaining three increasing segments have all increased nine of the previous ten weeks.

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NewsApril 20, 2012

Auction Activity Slows After Spring Break

GAINESVILLE, GA - Spring break has come and gone in most parts of the country, and instead of an increase in activity at the auctions, things seemed to have slowed down just a bit. The demand from multiple buyers pushing for an extra bid or two has disappeared in many cases.

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