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Used Vehicle Values

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Used Values Decline for Fifth Straight Month

A Black Book index that measures the strength of the used wholesale vehicle market has declined...

Black Book's Used Vehicle Retention Index fell to 113.6 in April, a 0.2% decline from March. Despite the index now falling for five straight months, it is still 1.4% higher than the 112 registered a year ago.

News

New Vehicle Sales Down 2.3% in April

Sales of the Genesis brand improved by an industry-best 56% in April, helping to offset a weak...

U.S. new-vehicle dealers sold 1,328,649 cars and light trucks in April, a 2.3% year-over-year decline and a full 3% loss to start the year compared with the first four months of 2018.

News

Weekly Values Show Spring Bounce Continues

Within the car segment, subcompact cars, compact cars, full-size cars, and sporty cars realized...

Overall car segment values last week were up 0.29%, compared to up 0.25% the week before. Overall truck segment values were up 0.19% last week, compared to a decline of 0.01% the week before.

News

Used Fleet Vehicle Values Rise 2.3% in March

Average wholesale prices for used vehicles remarketed by fleet/lease consignors were up 2.3% on...

The spring / tax season market uptick helped make March a strong month for used vehicle sales, and late-model sedans from fleet leasing consignors continue to outperform their SUV/CUV counterparts, according to Tom Kontos, KAR's chief economist.

News

2019 Depreciation Rate Up Sharply to 15%

In a new report published in partnership with Fitch Ratings, Black Book analysts say a growing...

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.

News

Depreciation Costs Decline, Now 32.9% of TCO

The cost of a year of depreciation over the past 12 months amounted to nearly a third of total...

Vehicle depreciation accounted for 32.9% of the total cost of ownership over the past 12 months, which continues a three-year trend of declining depreciation costs, according to a new study from Motus.