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 →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 →Commercial vehicle market led by class 3 vehicle growth; diesel continues to dominate.
Read More →Registrations of used commercial vehicles in the first half of the year reached 354,000, representing nearly 68 percent of the commercial vehicle market.
Read More →Prices for mid-size cars coming out of commercial fleets fell lower in June and July after hitting new records the previous three months.
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 →Affordable gas prices keep truck and SUV demand high while hybrids soften. The continued negative economic outlook drives strong subcompact and compact values.
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Used-vehicle prices are achieving highs that will start to drive used-vehicle buyers to new cars, says Tom Kontos in Adesa's April Current Used Vehicle Market Conditions and Outlook.
Read More →The new 3.9 percent incentive applies to the Pontiac G6 and Chevrolet Malibu certified used models.
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Wholesale used-vehicle prices in February averaged $10,138, a 3 percent increase from November 2009 and an 8.3 percent increase from the prior year. This is the first time since July 2009 that average prices have topped $10,000.
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