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Black Book's ADM Blog (135)

BLACK BOOK AND HP360 SIGN DISTRIBUTION AGREEMENT TO MARKET BULLSEYE PROSPECTING FOR AUTOMOTIVE DEALERSHIP CLIENTS

Black Book, a division of Hearst Business Media that provides new- and used-vehicle valuation services and custom data licensing solutions, today announced a distribution agreement with HP360 that enables the full-service marketing company to offer Bullseye Prospecting, a turnkey solution for its dealer clients looking to launch more efficient marketing campaigns.

"Bullseye Prospecting allows our team to expand our 360-degree marketing concept throughout our entire network of…

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Added by Black Book on May 5, 2016 at 6:15am — No Comments

ruck Values Improved while Car Segments Continued to Decline Last Week

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 Black Book on May 4, 2016 at 8:11am — No Comments

BLACK BOOK UNVEILS PULSE OF LENDERS SURVEY & 2016 OUTLOOK

Black Book® today released results of its recent survey taking the pulse of the lender community on the strength of the automotive market, use of data and their outlook for 2016. Black Book Lender Solutions surveyed dozens of automotive lender executives during February, 2016, and found that roughly a third of lenders believe loan balances will plateau in 2016, and interest rates will see a steady climb to 2008 levels. Here are complete results of the survey.

Key…

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Added by Black Book on May 4, 2016 at 8:10am — No Comments

Crossovers Continue to Be in Strong Demand

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 Black Book on April 27, 2016 at 1:06pm — No Comments

BLACK BOOK AGREEMENT WITH AUCTION SIMPLIFIED POWERS PROFIT-MINDED WHOLESALE AUCTIONS

Black Book, a division of Hearst Business Media that provides new- and used-vehicle valuation services and custom data licensing solutions, today announced a partnership whereby it becomes the exclusive provider of vehicle valuation data for Auction Simplified, a custom online auction service for individual dealers.

Wholesale vehicle buyers and sellers accessing Auction Simplified dealer auctions receive access to instant vehicle valuation data powered by Black Book. The data will be…

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Added by Black Book on April 20, 2016 at 8:57am — No Comments

Small Crossover Values Improved The Most Last Week

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. …

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Added by Black Book on April 19, 2016 at 12:28pm — No Comments

Depreciation slowed a Little from Last Week

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 Black Book on April 12, 2016 at 12:18pm — No Comments

BLACK BOOK: THREE SEGMENTS SEE INCREASED VALUE IN MARCH

According to Black Book® data, the average price of a used vehicle for model years 2010-2014 declined -0.9% during March. Cars declined -0.4% and trucks declined -1.3% during the month, demonstrating the peak of the spring selling season. 

In a sign that overall year-over-year depreciation continues to accelerate, the first quarter of 2016 saw vehicle depreciation of -3.6%, compared with -0.6% during the same time in 2015.

Full-Size Van led all vehicle segments with the highest…

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Added by Black Book on April 12, 2016 at 12:16pm — No Comments

Peak of the Season, mid-March thru mid-April

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 Black Book on April 5, 2016 at 9:10am — No Comments

BLACK BOOK ANNOUNCES DISTRIBUTION AGREEMENT WITH PROMAX TO MARKET BULLSEYE PROSPECTING

Black Book, a division of Hearst Business Media that provides new- and used-vehicle valuation services and custom data licensing solutions, today announced a distribution agreement with ProMax which will help expand the footprint of the new Bullseye Prospecting turnkey platform for dealer marketing campaigns. 

Under the agreement, ProMax will market the Bullseye Prospecting platform to its network of auto dealers throughout the United States. Powered by data from Black Book, Bullseye…

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Added by Black Book on April 1, 2016 at 7:00am — No Comments

Luxury Segments Show Larger Declines

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 report. This week’s Black Book Market Insights report takes a close look at the first twelve weeks of 2016 to determine where each of the car and truck segments are showing heavier depreciation and stronger retention. While much of the depreciation attention over the last twelve months has…

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Added by Black Book on March 29, 2016 at 10:53am — No Comments

BLACK BOOK LAUNCHES BULLSEYE PROSPECTNG TO STREAMLINE DEALER MARKETING CAMPAIGNS TO ACHIEVE HIGHER RESULTS

Black Book announces its latest innovation called Bullseye Prospecting, a comprehensive, all-in-one solution designed to help dealers and their marketing agency partners automate customer campaigns. During initial tests Bullseye Prospecting was found to deliver a 30 percent reduction in cost per car sold.

Powered by data from Black Book, Bullseye Prospecting is designed to reduce and consolidate the many different touch points involved in the development and execution of a customer…

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Added by Black Book on March 28, 2016 at 12:08pm — No Comments

BLACK BOOK & FITCH RATINGS UNVEIL LATEST JOINT VEHICLE DEPRECIATION REPORT

Black Book® and Fitch Ratings, Inc., today released their latest joint vehicle depreciation report, showing that overall vehicle depreciation for two- to six-year old vehicles is expected to reach 15% in 2016, an increase from the 13.2% level experienced in 2015. Click here to download the full report. Click here to download the report.

The projected level of depreciation will mark the first time in the previous five years that…

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Added by Black Book on March 25, 2016 at 11:42am — No Comments

Small Car and Pickups Values Show Stability

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 Black Book on March 23, 2016 at 11:00am — No Comments

No Spring Market Lift So Far…Small Car Values Continue to Decline

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 Black Book on March 15, 2016 at 1:26pm — No Comments

BLACK BOOK ANNOUNCES PREMIER, COLLABORATIVE PARTNERSHIP WITH DRIVIN

Black Book, a division of the Hearst Business Media Corporation that provides new- and used-vehicle valuation services and custom data licensing solutions, today announced an exciting, collaborative partnership with DRIVIN that will deliver real value to their extensive network of over 10,000 active dealerships. 

Black Book will be the exclusive vehicle valuation service provider to DRIVIN’s proprietary, inventory trading platform that analyzes over 2M VINs every day to source,…

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Added by Black Book on March 15, 2016 at 6:25am — No Comments

Depreciation Slowed A Little From Last Week

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 Black Book on March 8, 2016 at 11:41am — No Comments

BLACK BOOK: MID-SIZE CARS SEE NO DEPRECIATION IN THE MONTH OF FEBRUARY

LAWRENCEVILLE, Ga. (March 8, 2016) – According to Black Book® data, the average price of a used vehicle for model years 2010-2014 declined -1.1% during February. Cars declined -1.1% and trucks declined -1.2% during the month. 

Full-Size Pickups led all vehicle segments with the highest depreciation on the month at -2.7%. Vehicles in this segment include Chevrolet Silverado, Dodge Ram 1500, Ford F150, the Nissan Titan and the Toyota Tundra. Vehicles in this segment entered March…

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Added by Black Book on March 8, 2016 at 8:41am — No Comments

Small Car Segments Declined the Most…Bucking the Typical Seasonality Trend

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 Black Book on March 2, 2016 at 1:38pm — No Comments

Sub-Compact Car and Full-Size Pickup Experience Some Softness

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 Black Book on February 23, 2016 at 11:44am — No Comments

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