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Black Book's ADM Blog (88)

BLACK BOOK & FITCH RATINGS: DEPRECIATION DRIVEN BY SUPPLY AND VEHICLE SEGMENTS IN 2015

Black Book® and Fitch Ratings, Inc., today released their latest joint vehicle depreciation report, showing that overall vehicle depreciation is expected to reach between 14.0% – 14.5% by the end of 2015, and the main factor driving depreciation rates will be rising used vehicle supply, varying by vehicle segments. Click here to download the full report.



Fitch does not believe marginally rising…

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Added by Black Book on August 26, 2015 at 10:25am — No Comments

Some Truck Segments Continue to be Resilient

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.

 

According to analysis by Black Book, a handful of segments are showing distinct depreciation patterns over the past 16 weeks. In contrasting patterns, the Full-Size pickups have depreciated just 1.8% while the Entry-Level…

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Added by Black Book on August 26, 2015 at 6:18am — No Comments

Fully-Loaded Vehicles Feeling Heavier Depreciation

Sophisticated vehicle features, technology and add-ons are one of the reasons why transaction prices have increased on new cars and trucks. But Black Book has noticed that these "fully loaded" vehicles are experiencing more depreciation than their "base model" counterparts. One reason for this is that the typical used-car buyer is still shopping for value rather than technology, which means the fully loaded model is often found near the similar price of a base model.



As an…

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Added by Black Book on August 20, 2015 at 11:34am — No Comments

Market Continues Steady 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 report.

 

According to Black Book editors, trucks have started to see depreciation rates pick up steam over the last few weeks, highlighted so far by their largest weekly drop of 2015 this past week (0.41%). In looking at the…

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Added by Black Book on August 18, 2015 at 6:57am — No Comments

TRUCKS BUCK SUMMER TREND AND SHOW LIGHTER DEPRECIATION ACCORDING TO BLACK BOOK

According to Black Book® data, the average price of a used vehicle for model years 2010-2014 declined -1.3% in July. Domestic cars decreased -2.1%; import cars changed -1.7%; domestic trucks changed -0.6%; and import trucks changed -1.3%. Average pre-recession annual depreciation was continually recorded between -15% and -18%, and Black Book expects 2015 depreciation near -14.5%.



Truck segments held seven of the top spots for strongest retention on the month, led by Full-Size SUVs…

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Added by Black Book on August 12, 2015 at 7:58am — No Comments

Market Values Depreciate at a Steady Pace

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.

 

Based on auction observations and dealer feedback, the Black Book editors noticed a reversal of the typical pattern of depreciation over the last few months, with car segments averaging lighter than normal depreciation and…

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Added by Black Book on August 12, 2015 at 7:56am — No Comments

Smaller Cars Hit Hardest in Depreciation over the Last 3 Months

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. This week’s report also includes highlights and insights from the Specialty Markets. Click here to download the full report.

 

The Black Book editors conducted a thorough analysis of segment depreciation performance over the last three months. It is clear where…

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Added by Black Book on August 7, 2015 at 10:17am — No Comments

EV Facing Heavier Depreciation Than Gas Counterparts

New data and insight from Black Book shows where mainstream electric vehicles (EV) are feeling some of the heaviest depreciation curves, especially in comparison to their gas sister models. In some instances, the premium is +$20,000 difference between EV and gas sister model on new MSRP, however those same vehicles show the EV price at -$900 difference on a three-year-old used model.

Black Book editors looked at the prices of a new Nissan Leaf vs. Versa; a Mitsubishi i-MiEV vs.…

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Added by Black Book on August 5, 2015 at 10:41am — No Comments

Car Values Depreciate at Twice the Rate of Truck Values

 

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.

 

While most car segments continue to face generally higher depreciation compared with trucks, the Black Book editors noticed this past week that it’s not just smaller cars feeling heavier depreciation right…

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Added by Black Book on July 28, 2015 at 8:09am — No Comments

All Car Segments Declined While Pickup Trucks Held Values

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.

 

Given the time of year, Black Book editors are beginning to notice a healthy amount of 2015 model-year vehicles entering the auction lanes. This is in line with typical seasonal patterns, especially as dealers…

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Added by Black Book on July 21, 2015 at 9:28am — No Comments

BLACK BOOK’S RICKY BEGGS INDUCTED INTO PRESTIGIOUS NIADA RING OF HONOR

Black Book is proud to announce that Ricky Beggs, previously Senior Vice President, was honored as the newest member of the prestigious Ring of Honor for the National Independent Automobile Dealers Association (NIADA). The award is presented annually to an executive who has exemplified outstanding performance, leadership and has added to the growth of the automotive industry.



Beggs served Black Book for 34 years before retiring in April earlier this year. During his time with the…

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Added by Black Book on July 15, 2015 at 10:17am — No Comments

Trucks Remain Ahead While Most Car Values Declined

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.

 

In this week’s report, the Black Book editors saw data that showed a brief change in car retention in early July before car patterns quickly returned to a more “summer normal” rate of depreciation this past week.…

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Added by Black Book on July 14, 2015 at 10:41am — No Comments

WOMEN AND MEN ARE MOSTLY IN FAVOR OF THE TESLA MANUFACTURER-DIRECT CAR SHOPPING MODEL

Swapalease.com, the nation’s largest car lease marketplace, released results of its latest survey asking how interested consumers are to Tesla’s manufacturer-direct model when car shopping. According to the survey results, 67.4% of women and 75.0% of men are “all in favor of it”.



The online survey was presented to more than 2,500 consumers across the U.S. from May 10 – May 30, and the purpose was the find out if car shoppers are interested in buying or leasing a car directly from…

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Added by Black Book on July 13, 2015 at 10:38am — No Comments

CUVs Decline more than 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. This edition also includes the monthly Specialty Markets report. Click here to download the full report.

 

The Black Book editors saw a few interesting changes during the July 4th holiday week, especially with large declines in the Crossover segments as…

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Added by Black Book on July 7, 2015 at 2:04pm — No Comments

SMALLER CARS AND DOMESTICS FEEL THE LARGEST DEPRECIATION DURING JUNE ACCORDING TO BLACK BOOK

According to Black Book® data, the average price of a used vehicle for model years 2009-2013 declined -1.6% in June, compared with -1.2% in May. Domestic cars changed -2.8%; import cars changed -2.4%; domestic trucks changed -0.8%; and import trucks changed -1.0%. Average pre-recession annual depreciation was continually recorded between -15% and -18%, and Black Book expects 2015 depreciation near -14.5%.



Entry-Level Cars felt the strong post-tax season slump, falling -4.7% in…

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Added by Black Book on July 7, 2015 at 12:33pm — No Comments

All Car Segments Decline and Pickups Defy Normality

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.

 

As summer picks up steam, so does the depreciation of just about every car segment with the exception of Premium Sporty Cars, which has outperformed the average car for eight straight weeks. Click through to see how cars…

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Added by Black Book on June 30, 2015 at 9:34am — No Comments

Sporty Cars and Trucks Remain Ahead While Most Car Values Declined

 

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.

 

The Black Book editors and survey personnel have identified select trends this week that show where dealers and remarketers need to pay close attention to inventory management strategies.…

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Added by Black Book on June 23, 2015 at 11:51am — No Comments

Car and Truck Segments Show Broad 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 Market Insights report includes data, trends and insight showing a broader decline for the majority of…

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Added by Black Book on June 16, 2015 at 11:26am — No Comments

Car and Truck Segments Show Broad 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 Market Insights report includes data, trends and insight showing a broader decline for the majority of car segments, and even many of the truck segments. Smaller cars are leading the weekly depreciation with…

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Added by Black Book on June 9, 2015 at 1:53pm — No Comments

All Car Segments Declined While Full-Size Vans Increased

All Car Segments Declined While Full-Size Vans Increased  

 

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.

 

The team of Black Book editors are seeing more signs that the summer slowdown is taking shape. All car segments saw a decreasing…

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Added by Black Book on May 27, 2015 at 7:41am — No Comments

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