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According to Black Book® data, the average price of a used vehicle for model years 2010-2014 depreciated by just -0.1% during April, signaling what is usually the last strong month of the spring season.
At the close of 2015, twelve-month truck depreciation was just –9.2% compared with –18.2% for cars. However, the last twelve-months of results show depreciation rising to -14.3% for trucks and -20.6% for cars. More noteworthy, the twelve-month annual depreciation shows the gap between…Continue
Black Book, a division of Hearst Business Media that provides new- and used-vehicle valuation services and custom data licensing solutions, today announced a distribution agreement with HP360 that enables the full-service marketing company to offer Bullseye Prospecting, a turnkey solution for its dealer clients looking to launch more efficient marketing campaigns.
"Bullseye Prospecting allows our team to expand our 360-degree marketing concept throughout our entire network of…Continue
Black Book® today released results of its recent survey taking the pulse of the lender community on the strength of the automotive market, use of data and their outlook for 2016. Black Book Lender Solutions surveyed dozens of automotive lender executives during February, 2016, and found that roughly a third of lenders believe loan balances will plateau in 2016, and interest rates will see a steady climb to 2008 levels. Here are complete results of the survey.