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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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The wholesale used-vehicle market finished 2015 stronger than expected with an average 13.2% depreciation rate for used vehicles two to six years old and trucks retaining their value 9% better than passenger cars on average.
Read More →The vehicles should finish the year as the only category that will increase in residual value, while the broader market should depreciate more than 12 percent.
Read More →Depreciation can account for a large portion of a vehicle’s lifecycle costs. While there is no escaping from the fact that vehicles are depreciating assets, there are ways to control and minimize the depreciation costs you incur.
Read More →Volkswagen's diesel models have lost their value in the auction lanes at a much sharper rate than comparable gasoline models since revelations came to light that the company had included a software cheat in the vehicles to beat emissions tests.
Read More →Smaller cars showed the highest depreciation levels in June, while SUVs, pickups, and vans showed relative strength in a used-car market that's now tilted toward larger, less fuel efficient vehicles.
Read More →GAINESVILLE, FL - “Higher no sales,” “some reluctant to buy,” “short on cars,” “sellers are adjusting floors,” “cheaper doing better,” “Extra Clean and Clean selling well” were just a few of the comments from the dealers that were reported to Black Book survey personnel during the past week.
Read More →GAINESVILLE, GA - The Black Book Three Month Rolling Average market trend report, which tracks the values of two year old (2006 MY) vehicles, indicates that trucks, vans, and SUVs continue to depreciate at higher-than-normal rates.
Read More →GAINESVILLE, GA - Black Book reports that recent comments from dealers, survey personnel, and some auctioneers focused on a "more catious buyer" where "mpg is everything" and the real demand was on the $12,000 and below vehicles.
Read More →GAINESVILLE, GA - Over the past few weeks Black Book has seen signs that the normal summer slowdown for the wholesale side in sales and prices that occurs around the 4th of July arrived a little early.
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