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John Sternal's ADM Blog (405)

Prices Still Dropping for Used Cars Across Multiple Segments

Used Vehicle Prices Continue To Drop Across Many Segments

 

Black Book editors and survey personnel continued their auction attendance gathering current market data and insight from all across the country, enabling us to make the most accurate and current Daily adjustments to the published values.

Gas prices continue to climb, this past week up another $.02 to a national average of $3.74 per gallon. The comments…

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Added by John Sternal on August 29, 2012 at 12:14pm — No Comments

Auto Dealers Taking Advantage Of More Sub-Prime Opportunities

Fewer Delinquencies Boost Sub Prime Auto Loans For Dealers



A larger number of drivers are making their auto payments on time according to Equifax and TransUnion. This will have a significant impact on auto dealers looking to secure sub-prime auto financing for customers:



TransUnion says the number of drivers late on their car payments have dropped by 25%…

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Added by John Sternal on August 28, 2012 at 1:47pm — No Comments

Luxury Vehicles Still Seeing Large Pricing Declines

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 …

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Added by John Sternal on August 9, 2012 at 7:31am — No Comments

Black Book Vehicle Pricing Report For June 19, 2012

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…

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Added by John Sternal on June 20, 2012 at 10:59am — No Comments

Black Book Online Offers New Features For Activator Technology

Boca Raton, Fla. - Black Book Online, the leading online vehicle trade-in sales lead generator, today announced an upgrade to its Activator™ platform with features designed to help automotive dealers generate more high quality trade-appraisal leads via mobile technology and social media.

 

New feature-rich enhancements are highlighted by a mobile version of Trade-In…

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Added by John Sternal on May 29, 2012 at 7:31am — No Comments

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