Automotive Marketing Professional Community for Car Dealers, OEM and Suppliers
Black Book has not received a gift from an ADM Member
VEHICLE BUYBACK PROGRAM
Black Book, a division of Hearst that provides industry-leading used vehicle valuation and residual value forecast solutions, announced today it has partnered with Mobility Sales Solutions and its new Vin-Up™ solution for automotive dealers and their service customers. Under the agreement, automotive dealers are immediately alerted to each vehicle’s latest Black Book value when vehicles come in for service,…Continue
Dealers using the new AuctionACCESS Mobile App will be eligible for discounted Black Book Digital
Black Book, a division of Hearst that provides industry-leading used vehicle valuation and residual value forecast solutions, announced today it has partnered with AuctionACCESS, a leading dealer…Continue
According to Black Book® data, the average price of a used vehicle for model years 2012-2016 depreciated in value by -0.4%, an improvement from February’s level of -1.1% due to a continued stronger-than-expected spring selling season. Cars increased in value by +0.6%, while trucks decreased -1.1%. All vehicles are averaging a 12-month change of -15.0%.
For the second-straight month, Sub-Compact Luxury CUVs showed the largest depreciation in March at -2.6% (February showed -2.8%).…Continue