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John Sternal's Blog – March 2018 Archive (11)

Jumpstart Automotive Media Path To Purchase Insights: Midsize And Full-size Sedans Starting To See Growth In Shopper Interest During February

Jumpstart Automotive Media, a leading media, insights, and marketing solutions company, today released its monthly shopper interest data results, with sedans representing four of the top-five fastest growing models for shopper interest in February. Mazda and Kia each saw strong interest, and sedans in both the midsize and full-size segments saw significant growth during the month.

Shopper interest in midsize sedans on both the luxury and non-luxury sides  grew 10%  compared to…

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Added by John Sternal on March 26, 2018 at 10:00am — No Comments

Hearst Autos Announces Two New Car and Driver Shopping Tools for Dealers and Automotive Shoppers: TRADE-IN VALUE and CREDIT SCORE

New Car and Driver Trade Appraisal and Credit Score Tools Elevate Confidence Among Consumers; Build More Flexibility Into the Transaction Price and Deliver Dealers a More Qualified Shopper

Hearst Autos, parent to Car and Driver, Jumpstart Automotive Media, Road &…

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Added by John Sternal on March 26, 2018 at 9:45am — No Comments

BLACK BOOK VALUATIONS CHOSEN FOR ROUSH PERFORMANCE PRODUCTS

Black Book, a division of Hearst Business Media that provides industry-leading used vehicle valuation and residual value forecast solutions, announced today it has signed an agreement to provide vehicle valuation data for ROUSH Performance Products, a company offering an extensive line of aftermarket performance parts, vehicles and crate engines.…

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Added by John Sternal on March 26, 2018 at 7:24am — No Comments

Racing to the Dealership: Baby Boomers and Millennials Show Off Their Credit Savvy in New Survey

New Equifax survey finds generational behavior differences in auto buying, prime & subprime Millennials believe they can afford vehicles at similar price points

ATLANTA, March 23, 2018 – When consumers need loans for auto purchases, understanding their own credit risk situation matters. In its latest consumer automotive survey, Equifax Inc. (NYSE:  EFX), a global information solutions company, analyzed…

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Added by John Sternal on March 23, 2018 at 11:02am — No Comments

J.D. Byrider Applies Equifax Ignite™, Increases Auto Buyer Approvals by 10 Percent

When J.D. Byrider, a  leading used car sales and finance enterprise, expanded geographically and organically, they began an engagement with Equifax Inc. (NYSE:  EFX), a global…

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Added by John Sternal on March 20, 2018 at 12:00pm — No Comments

All Non-Luxury Car Segments Increased in Value

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full…

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Added by John Sternal on March 20, 2018 at 8:59am — No Comments

BLACK BOOK FEBRUARY DEPRECIATION REPORT SHOWS SPIRITED START TO THE SPRING SELLING SEASON FOR SEVERAL CAR SEGMENTS

According to Black Book® data, the average price of a used vehicle for model years 2012-2016 depreciated in value by -1.1%, significantly better than January’s level of -2.6% due to a spirited start to the spring selling season. Cars decreased -0.7%, while trucks decreased -1.4%. All vehicles are averaging a 12-month change of -14.9%.

Sub-Compact Luxury CUVs showed the highest depreciation in February at -2.8%. Vehicles in Sub-Compact Luxury Crossover segment include the Audi Q3, BMW…

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Added by John Sternal on March 13, 2018 at 1:05pm — No Comments

Six Weeks in a Row of Higher Depreciation in Trucks vs. Cars

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full…

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Added by John Sternal on March 13, 2018 at 8:15am — No Comments

Lease Credit Approval Rates Rise to 65.2% in February

LEASE CREDIT APPROVAL RATES RISE TO 65.2% IN FEBRUARY

 

Healthy Lease Approval Rating in February Driven By Increase In Shoppers of Payments Under $499 Per Month

Swapalease.com, the nation’s largest car lease marketplace, reports car lease credit applicants registered a 65.2% approval rate in February, a…

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Added by John Sternal on March 7, 2018 at 6:00am — No Comments

Best Week YTD For Vehicle Depreciation

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full…

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Added by John Sternal on March 6, 2018 at 1:50pm — No Comments

NEW BLACK BOOK INFOGRAPHIC SPELLS OUT INNOVATIVE ANALYTICS PROCESS FOR VALUATIONS

Black Book, a division of Hearst Business Media that provides industry-leading used vehicle valuation and residual value forecast solutions, announced today a new educational infographic to help dealers, remarketers and lenders learn how the company’s History-Adjusted Valuations can drive more profits during appraisals. Click here to view the…

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Added by John Sternal on March 6, 2018 at 1:48pm — No Comments

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