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GAINESVILLE, GA – 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.
Read More →Ricky Beggs, Black Book managing editor, said he believes the functionality of utility vehicles and the necessity of pickup trucks to many businesses’ operations is keeping those segments higher.
Read More →The two biggest segment drops for the first six months of 2012 are the Near Luxury Car and Full-Size Van Cargo categories, at -5.7% and -6.2% respectively.
Read More →Last month Beggs reported a pattern of decreasing wholesale prices for medium-duty trucks, and this month brings more of the same, especially with late-model medium- and heavy-duty vehicles.
Read More →Activity in pricing adjustments was ‘pretty substantial,’ reports Ricky Beggs, managing editor of Black Book, adding that with more than 2,300 vehicles adjusted each day throughout the week, the trend is very similar to the previous two weeks.
Read More →Resale values have been high for the past two years-plus in the wake of the automotive industry’s 2009 downturn, but recent values haven’t been quite as strong in a number of vehicle categories. As for fleet vehicle segments that are retaining value, core 'fleet' sedans, have resale values that are staying strong.
Read More →Black Book’s Ricky Beggs reports that average values for both cars and trucks increased for the first time this year.
Read More →Ricky Beggs, managing editor of Black Book, presents the Oct. 31 edition of "Beggs on the Used Car Market." In his weekly video, he discusses the performance of the various car and truck market segments, and the possible role of changing fuel prices.
Read More →These power plants, at a significant premium cost over the gas engines, from $7,200 to $7,800 when new, have a very positive retention value, currently at $7,400 for a used three-year-old model.
Read More →Thirteen of the 14 truck segments increased this week, while the full-size crossover segment continued to struggle for the seventh consecutive week.
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