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Used Vehicle Values

Personal Use Decreases Vehicle Resale Values

While personal use averages 16%, outside market dynamics can cause personal use mileage to increase. For instance, when fuel prices increase, there is typically a spike in employees using fleet vehicles for personal use since the company pays for gasoline.

GMC Sierra 3500 Tops Resale Value List

The trucks and vans that topped J.D. Power's lists for 2019 Resale Value awards include the GMC Sierra 3500, Toyota Tundra, Toyota Tacoma, and Honda Odyssey minivan, the firm announced.

Black Book Adds VIN Valuation Tool

Black Book's ValuEngine batch processing tool now offers Enhanced Vehicle Matching, a more precise VIN-level valuation tool powered by machine learning and natural language processing.

Truck Values Decrease Slightly

Volume-weighted, overall truck segment (including pickups, SUVs, and vans) values decreased by 0.42% last week. In comparison, the market values decreased by 0.58% on average during the prior four-week period.

Experts Forecast the 2019 Used Vehicle Market

Prices and volume are not expected to plummet in 2019, but industry experts seem to feel that the best-case scenario will be a plateau, and more realistically, will fall slightly.