Black Book analysts forecast an annual depreciation rate of 15% in 2019 as the supply of used cars and trucks increases, up from a "noticeably strong" 12.4% depreciation rate in 2018.
Read More →
Outside factors such as a record-spanning government shutdown, the polar vortex, and a hit to consumer confidence led to a slow start to used sales in 2019.
Read More →
Valuation and forecast solutions provider Black Book’s Used Vehicle Retention Index registered 113.8 for March, a 0.6% decline from February (114.5) but a 1.7% improvement from March 2018 (112.0).
Read More →
Truck and car values both saw a bump last week, as the spring market continues to lift overall values, according to Black Book's April 8 Market Insights report.
Read More →
The website iSeeCars compiled a list of top 10 vehicles with the highest rate of entering the used market one year after being purchased as new. Of those top 10, eight were luxury vehicles.
Read More →
Overall truck segments are declining but some truckmakers saw increases of up to 5% due to new 1/2-ton pickups.
Read More →
In the month preceding the start of the Spring season, trucks continued to show the resilience they've shown in past months. A few key segments showed particular strength and luxury vehicles continued to struggle.
Read More →
Overall depreciation was lower last week and midsize car values, in particular, saw a noticeable lift.
Read More →
Luxury car and truck values fell last week, as demand continues to climb for more affordable vehicles, according to Black Book's March 11 Market Insights report.
Read More →
Analysts say a late start to the spring selling season could be to blame for a third consecutive monthly decline in Black Book’s Used Vehicle Retention Index.
Read More →
