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Black Book’s report noted that although used vehicles depreciated 1.3 percent across all segments in June, the mid-size pickup truck category saw depreciation of only 0.7 percent for model years 2007-2011.
Read More →Currently, there are very few model options available in the mid-size pickup truck category, ultimately driving strong wholesale prices.
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Five used-car segments have resumed price declines after a strong Spring buying season, which is typically strong when shoppers purchase used vehicles with tax rebate money.
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A look back over the past decade may shed some light on what to expect from the recent fiscal crisis. Overall, Black Book anticipates a positive impact on values.
Read More →Automotive Fleet spoke with Black Book’s Ricky Beggs, senior analyst for the company, about the effect models introduced at the North American International Auto Show (NAIAS) in Detroit will have on used-vehicle values in the future.
Read More →Price drops for a number of used-vehicle segments are starting to slow as higher demand for vehicles in the wake of hurricane Sandy is starting to kick in, according to Black Book.
Read More →Post Hurricane Sandy, the used-car market is about to see changes that will slow down vehicle resale value depreciation and possibly even push up prices in some categories, according to Black Book’s Senior Analyst Ricky Beggs.
Read More →Values on used cars improved overall over the past week, with the average segment change being -$61, the lowest decline in the past 10 weeks, according to Black Book.
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Domestic used vehicles averaged $14,839 at the end of September, down from $15,055 at the beginning of the month.
Read More →Black Book reported that resale values declines in the car segment have become increasingly large since April, though the truck segment, on the other hand, has seen price drops slow.
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