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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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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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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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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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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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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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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GAINESVILLE, GA - The rise in gasoline prices have been positive for 60 percent of the used-car segment types. On the other hand, the trucks overall have not been adversely affected.
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GAINESVILLE, GA - The recent "Beggs on the Market" report by VP and managing Editor Ricky Beggs of Black Book discusses the recent Conference of Automotive Remarketing (CAR) and a strengthening used-car market.
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GAINESVILLE, GA - The results of Black Book's market studies this past week showed a major turn into a more positive market. The spring market has definitely arrived, as Black Book's adjustments showed over 66 percent of the changes were increases in value.
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