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Here is the latest used-car market report from Ricky Beggs, Managing Editor at Black Book. Over the last couple of years many of us in the industry have said we are not in a normal market. This has referenced supplies, value trends that have seen both up and down movements and some of those trends do not match the…Continue
Added by John Sternal on December 13, 2012 at 7:25am — No Comments
Mid-November Used Car Market Report courtesy of Black Book:
There have been numerous headlines in the news over the last couple of weeks that could create or be a part of a reaction within the used car market. First is a continuation of the effects of Hurricane Sandy, which is now being followed up with an early Nor’easter dumping cold temperatures and wet snow. This second…Continue
Added by John Sternal on November 15, 2012 at 12:51pm — No Comments
Here is this week's used-car market report for the week of Nov. 7, according to Black Book market data. The initial impact was the sudden loss of existing new and used sales which greatly altered the October new car sales totals and prohibited the SAAR from reaching September’s 14.9 million level. With the number of flooded cars expected to greatly exceed the 640,000 cars destroyed during Katrina’s destruction in 2005, the November number will depend upon …Continue
Added by John Sternal on November 7, 2012 at 7:09am — No Comments
Here is the latest data on the used-car market from Ricky Beggs, analyst at Black Book USA.
This past week has presented some amazing insights and situations within the market and the resulting used vehicle values. As the calendar turned to a new month, there were some more aggressive efforts from some of the buyers. The number of adjustments that were increases at 19% was the …
Added by John Sternal on August 9, 2012 at 7:31am — No Comments
Following is the latest Black Book pricing data on the used-car market. Additional analysis and chart information can be found here.
It was an interesting week regarding the market values. Sure the softening trend continued. The car segments were overall at very close to the level of the previous 4 weeks, at -$31 this past week. The lone…
Added by John Sternal on June 20, 2012 at 10:59am — No Comments