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Black Book

Pickups Perform Well in Resale Market

While the end of 2017 brought a record decline in weekly depreciation for cars, volume-weighted, overall truck segment (including pickups, SUVs, and vans) values declined by 0.54% the last week of 2017, according to Black Book. This is in line with the average weekly adjustment of 0.57% over the previous four weeks.

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How to Get the Most from Truck Resale

For some fleets, a truck’s value does not come up until it’s time for remarketing. But getting the most profit for these assets requires careful planning long before the truck goes up for sale.

Hurricane Harvey Could Create 1M Salvage Vehicles

While market watchers agree that Hurricane Harvey's impact stretches beyond Houston-area automotive business, estimates on exactly how many vehicles will need to be replaced vary between half a million and million vehicles, including as many as 18,500 fleet vehicles.

Class 4-7 Truck Resale Trends Holding Steady

Increased buying opportunities and a favorable economic climate are limiting price growth, and the supply of quality used trucks is expected to increase.

2015 Resale Forecast for Light-Duty Trucks

The full-size pickup fleet segment depreciated by only 4.9 percent over the past 12 months; however, this rate is unlikely to continue into 2015.

2015 Resale Forecast for Full-Size Vans

The used full-size van market has remained strong throughout 2014, but it is expected to decline in 2015. Part of the reason for the strength of the used van segment is the discontinuation of traditional U.S.-style vans by OEMs as the new European-style vans are released.

Forecast of Class 4-7 Truck Resale Market: Status Quo

After a steeper decline to start 2014, depreciation is expected to settle into the range of 1 percent to 1.5 percent per month for the rest of the year.

How Will the 'Cliff' Aversion Drive Truck Value?

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.

Resetting Management's Future Resale Expectations

All good things eventually come to an end. So, too, will today’s abnormally high used-vehicle prices. Today's resale values are an anomaly caused by a decrease in used-vehicle inventory in the wholesale market, resulting from the extremely low sales of new vehicles from 2009-2011. You need to educate management that today’s resale values will decline. Otherwise, you run the risk of being management’s future scapegoat for declining resale values due to their misperceptions of the market.