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Black Book's ADM Blog (258)

Truck Values Stable 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 22, 2018 at 8:22am — No Comments

Historical Impact of 2018 Spring on Car Values

Spring is typically viewed as a strong season for dealers, since many people receive their tax rebate checks and immediately use them to purchase a used car or truck. This past spring season, which takes place between February 1 - May 1, four mainstream car segments increased on average by 3.0%:

 

Sub-Compact Car

+2.6%

Compact Car…

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Added by Black Book on May 21, 2018 at 9:12am — No Comments

Sporty Cars & Compact Vans Up

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 15, 2018 at 12:22pm — No Comments

BLACK BOOK APRIL DEPRECIATION REPORT SHOWS NINE TOTAL VEHICLE SEGMENTS WITH AN INCREASE IN VALUE; FIVE OF WHICH WERE CARS

According to Black Book® data, the average price of a used vehicle for model years 2012-2016 increased in value by +0.3% during April, fueled by a strong spring selling season for cars, also up +1.3%; trucks saw a decrease of -0.4% on the month. All vehicles are averaging a 12-month change of -15.1%.

A total of nine vehicle segments increased in overall value during spring, including five car segments, led by Mid-Size and Compact Cars, each up +2.5% on the month.

Vehicles in…

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Added by Black Book on May 14, 2018 at 7:18am — No Comments

Spring Market Coming to An End

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 May 8, 2018 at 10:58am — No Comments

Sporty Cars Values Rising

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 1, 2018 at 9:43am — No Comments

BLACK BOOK USED VEHICLE RETENTION INDEX UNCHANGED FROM LAST MONTH

Strength of Spring Has the Index Declining in Just One of Last Four Months

Black Book, a division of Hearst that provides industry-leading used vehicle valuation and residual value forecast solutions, released its Used Vehicle Retention Index for April showing that it remained unchanged from the…

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Added by Black Book on May 1, 2018 at 6:19am — No Comments

BLACK BOOK LAUNCHES BLACK BOOK CHERRY, AN INTELLIGENT INVENTORY RECOMMENDATION SOLUTION

Black Book, a division of Hearst that provides industry-leading used vehicle valuation and residual value forecast solutions, announced today a new inventory recommendation solution named Black Book Cherry. Available on desktop or mobile, Black Book Cherry helps personalize dealers’ inventory discovery by automatically identifying the most desirable vehicles at auction, appropriately known as “cherries”.…

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Added by Black Book on April 30, 2018 at 8:54am — No Comments

1960s/1970s Japanese Collectibles See Increased Interest as of Late

Black Book has some new insight showing increased collector interest in Japanese cars from the 1960s/1970s.  Many of the below cars and trucks were in the “first wave” of Japanese vehicles, and were radically different from the typical large American cars of the time.

"Over the last few years, collectors have shown increased interest in the first generation Japanese imports, such as Honda Civics.  For years these cars were overlooked, but have recently become sought after, especially…

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Added by Black Book on April 25, 2018 at 12:35pm — No Comments

BLACK BOOK TEAMS WITH MOBILITY SALES SOLUTIONS ON VIN-UP FOR SERVICE CUSTOMER

VEHICLE BUYBACK PROGRAM

Black Book, a division of Hearst that provides industry-leading used vehicle valuation and residual value forecast solutions, announced today it has partnered with Mobility Sales Solutions and its new Vin-Up™ solution for automotive dealers and their service customers. Under the agreement, automotive dealers are immediately alerted to each vehicle’s latest Black Book value when vehicles come in for service,…

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Added by Black Book on April 25, 2018 at 6:26am — No Comments

Compact Cars in 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. …

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Added by Black Book on April 24, 2018 at 7:48am — No Comments

BLACK BOOK AND AUCTIONACCESS ANNOUNCE AUCTIONACCESS MOBILE PROMOTION

Dealers using the new AuctionACCESS Mobile App will be eligible for discounted Black Book Digital

Black Book, a division of Hearst that provides industry-leading used vehicle valuation and residual value forecast solutions, announced today it has partnered with AuctionACCESS, a leading dealer…

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Added by Black Book on April 19, 2018 at 10:44am — No Comments

BLACK BOOK MARCH DEPRECIATION REPORT SHOWS A CONTINUATION OF STRONG RETENTION FOR SEVERAL SMALLER CAR SEGMENTS

According to Black Book® data, the average price of a used vehicle for model years 2012-2016 depreciated in value by -0.4%, an improvement from February’s level of -1.1% due to a continued stronger-than-expected spring selling season. Cars increased in value by +0.6%, while trucks decreased -1.1%. All vehicles are averaging a 12-month change of -15.0%.

For the second-straight month, Sub-Compact Luxury CUVs showed the largest depreciation in March at -2.6% (February showed -2.8%).…

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Added by Black Book on April 18, 2018 at 6:25am — No Comments

BLACK BOOK USED VEHICLE RETENTION INDEX SHOWS MARCH DECLINE DESPITE HEALTHY SPRING SEASON

Black Book, a division of Hearst that provides industry-leading used vehicle valuation and residual value forecast solutions, released its Used Vehicle Retention Index for March showing that it fell -1.2% on the month registering 112.0 and down from 113.3 during February. The Index has now changed -0.9% over the last twelve months (113.0). Click here to obtain a copy of the…

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Added by Black Book on April 5, 2018 at 7:43am — No Comments

Two Weeks of Increases in Car 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…

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Added by Black Book on April 3, 2018 at 6:30am — No Comments

BLACK BOOK & FITCH RELEASE 2018 JOINT VEHICLE DEPRECIATION REPORT

Black Book, a division of Hearst Business Media that provides industry-leading used vehicle valuation and residual value forecast solutions, announced today its latest joint vehicle depreciation report with Fitch.

Black Book forecasts an annual…

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Added by Black Book on April 2, 2018 at 10:00am — No Comments

Strongest Week for Used Cars in Two Years

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 March 27, 2018 at 10:30am — No Comments

Spring Time Auction Sales Performing Well

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 27, 2018 at 11:19am — No Comments

New Black Book White Paper Shows How To Better Analyze Risk To Enable Growth Opportunities For Subprime & Deep Subprime Lenders

Collateral Data & Insights Help Identify Where Pockets of Growth Potential Exist to Maximize Competitive Landscape 

 

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 white paper focused on subprime and deep subprime auto lenders: Subprime & Deep Subprime: How To Remain Competitive and Profitable Despite Growing Risk.…

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Added by Black Book on February 21, 2018 at 1:36pm — No Comments

Mainstream Car Segments Holiding Prices

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 February 20, 2018 at 8:27am — No Comments

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