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Depreciation

Hurricane Replacement Still Boosting Used Vehicle Prices

The average price of used vehicles model years 2012-2016 fell 0.7% in September, with the lion’s share of that depreciation coming from the car segment, according to Black Book. As of September, all vehicles are averaging a 12-month depreciation of 14.5%.

Small Pickups Showing Strongest Retained Value

Small pickups performed the best in February, according to Black Book, increasing their value by 0.2%. Vehicles in the small pickups segment include the Toyota Tacoma, Chevrolet Colorado, Nissan Frontier, and Honda Ridgeline.

Yes Virginia, There is Depreciation

Depreciation is a necessary evil in our industry. Knowing your risks and knowing your OEM partners won’t make depreciation go away but it can make it more manageable.

Controlling Creeping Fleet Costs

Running a successful fleet means keeping an eye on both your front office costs, as well as what’s happening in your shop and in the yard.

Pickups Show Lowest January Depreciation

Small and large pickups were among the top performing segments in January with a 1.1% depreciation rate among two- to six-year-old vehicles sold in auction lanes, according to Black Book.

Used Medium-Duty Truck Values Declining

After the first month of the year, depreciation rates for medium-duty trucks are up and overall orders for the segment are down, according to Black Book’s Feb. 7 Market Insights Report.