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John Sternal's Blog – June 2013 Archive (7)

Price Changes Better Than A Year Ago In Car Market

Here is the latest used car market report from Black Book, with the results of the market from the more conventional lanes. When looking at the overall change, both cars and trucks have larger average segment declines for the week. The cars declined only slightly more at -$37 this past week compared to the -$33 the previous week. Some of the individual segments with the largest declining amounts two weeks ago were some of the smaller declining levels this past week. One of the more often…

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Added by John Sternal on June 19, 2013 at 12:05pm — No Comments

Volvo & Lincoln Perceived As Undesirable In Car Leasing Market

In a nationwide survey to more than 3,000 leasing drivers, only 12.5% of respondents feel Lincoln is very desirable, while 9% feel the same way toward Volvo according to data compiled by Swapalease.com. Participants were asked to rank their perceptions of certain luxury-type brands including Jaguar, Land Rover, Porsche, Infiniti, Lincoln and Volvo. Porsche scored the highest, with…

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Added by John Sternal on June 13, 2013 at 7:33am — No Comments

Mid-Size Pickups See Increase In June

Here is the latest used car market report from Black Book and Ricky Beggs. It has been a busy week for the Black Book Editorial team as a couple of us had the opportunity to get behind the wheel of several new models, gathering insight that will assist us in both the new vehicle residual projections and eventually the valuations as used…

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Added by John Sternal on June 11, 2013 at 2:25pm — No Comments

Hybrid Vehicles Have Grown In Both Number of Players and Retention Rates

The penetration of hybrid and plug-in cars is growing, but ever so slightly. The primary driver today is as much related to the CAFÉ standards causing manufacturers to step forward with these new products, as it is related to pure consumer interest and demand. With there now being over forty hybrid-related offerings and another dozen plug-in vehicles, the overall volume is growing. According to…

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Added by John Sternal on June 7, 2013 at 2:08pm — No Comments

Chevy Cruze & Toyota Corolla Lease Drivers See Low Payments

Lease prices for vehicles on the road showed a mixed bag in May according to listings recorded by national car leasing marketplace, Swapalease.com. Yesterday’s Experian Automotive Finance Report shows leasing at 27.5% and at the highest level since 2006. What are people currently paying on their…

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Added by John Sternal on June 5, 2013 at 2:19pm — No Comments

Entry Level Cars Show Most Growth In Used Car Market

Here is the latest used car market report from Black Book. It was an interesting week within the auction lanes. As we looked at the commentary provided by the Black Book survey personnel who spend time on the lanes every week, they were pointing out the interest and demand for SUVs and smaller cars. Another pointed out the need for trucks and their limited offerings. A third even mentioned the focus from many buyers the desire to purchase 3 to 4 to 5 year old…

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Added by John Sternal on June 4, 2013 at 2:04pm — No Comments

Specialty Market Vehicles Show Better Retention

Here is the June edition of the Black Book specialty markets report. The most recent monthly activity with all four specialty markets is showing some of the better retention levels since the first part of 2013. The improving overall economy and especially for the medium and heavy-duty truck market, the signs of construction, both residential and commercial, are…

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Added by John Sternal on June 3, 2013 at 2:30pm — No Comments

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