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Black Book's ADM Blog (191)

Sub-Compact Car Values under Pressure

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…

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Added by Black Book on June 20, 2017 at 10:19am — No Comments

BLACK BOOK POWERS VEHICLE VALUATIONS FOR REVOLUTIONARY MYDEALERONLINE VIRTUAL INVENTORY DEALER PLATFORM

Black Book, a division of Hearst Business Media that provides industry-leading used vehicle valuation and residual value forecast solutions, announced today it will power the online vehicle valuation resource for MyDealerOnline, the first and only software that uploads wholesale auction, and other wholesale-sourced vehicles onto dealer websites, effectively enabling public buyers to purchase them through dealers.

MyDealerOnline software enables dealerships to add…

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Added by Black Book on June 12, 2017 at 10:24am — No Comments

VEHICLE DEPRECIATION BEGINS TO PICK UP ENTERING JUNE

According to Black Book® data, the average price of a used vehicle for model years 2011-2015 decreased in value -1.2% in May, a reversal from April when values actually increased 0.4%. Cars overall dropped -1.8%, and trucks decreased -0.9% in value during May. All vehicles are averaging a 12-month depreciation of -17.5%.

During May, Full-Size Pickups performed the strongest, with values increasing +0.2%. Vehicles in the Full-Size Pickup segment include the Chevrolet Silverado 1500,…

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Added by Black Book on June 8, 2017 at 6:53am — No Comments

BLACK BOOK USED VEHICLE RETENTION INDEX FALLS AFTER GAINS IN APRIL

Black Book, a division of Hearst Business Media that provides industry-leading used vehicle valuation and residual value forecast solutions, unveiled its Used Vehicle Retention Index for May, showing the Index falling 0.7% to 112.3 down from 113.1 in April. On a twelve-month basis, the index has dropped 5.6% from last May. Click here to obtain a copy of the latest index data.

The Black Book Used Vehicle…

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Added by Black Book on June 5, 2017 at 7:33am — No Comments

BLACK BOOK SEES OVERALL VEHICLE VALUES INCREASE RESULTING FROM STRONG APRIL AND SPRING SEASON

According to Black Book® data, the average price of a used vehicle for model years 2011-2015 increased in value by 0.4% in April. Cars overall saw an increase in value by 0.7% versus trucks, which saw a 0.3% increase. All vehicles are averaging a 12-month depreciation change of –16.9% entering May.

In April, Sporty Cars performed the strongest, increasing their value by 1.8%. Vehicles in the Sporty Car category include the Dodge Challenger, Chevrolet Camaro, Ford Mustang, BMW…

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Added by Black Book on May 17, 2017 at 7:22am — No Comments

BLACK BOOK LAUNCHES NEXT GENERATION VALUENGINE COLLATERAL PLATFORM

Black Book, a division of Hearst Business Media that provides industry-leading used vehicle valuation, residual value forecast, and advanced custom data analytics solutions, today introduced its next generation ValuEngine platform with a new, easy-to-navigate web interface. ValuEngine is a real-time collateral valuation tool allowing automotive industry professionals, lenders, OEMs, and dealers the ability to value their entire portfolio through a secure, on-demand, self-service…

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Added by Black Book on May 17, 2017 at 7:21am — No Comments

BLACK BOOK POWERS ONLINE TRADE APPRAISALS FOR NSIGHTLIVE'S PIONEERING DIGITAL CONTENT PLATFORM

Black Book, a division of Hearst Business Media that provides industry-leading used vehicle valuation and residual value forecast solutions, announced today it will power the online trade appraisal resource for NsightLive, a leading content engagement company that delivers quality leads to dealers through its pioneering Live content platform.

With Black Book’s trade appraisal engine, NsightLive is filling the void for independent auto dealers who currently do not…

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Added by Black Book on April 26, 2017 at 6:59am — No Comments

Car segments continue to do 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…

Continue

Added by Black Book on April 26, 2017 at 6:58am — No Comments

BLACK BOOK USED VEHICLE RETENTION INDEX FALLS TO 113.0 ENTERING APRIL

Black Book, a division of Hearst Business Media that provides industry-leading used vehicle valuation and residual value forecast solutions, announced its latest Used Vehicle Retention Index figures, with the index listed at 113.0 at the end of March, a 0.8% decrease from the previous month’s mark of 113.9. Click here to obtain a copy of the latest index data.

 

The Black Book Used Vehicle…

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Added by Black Book on April 19, 2017 at 10:53am — No Comments

BLACK BOOK USED VEHICLE RETENTION INDEX FALLS TO 113.0 ENTERING APRIL

Black Book, a division of Hearst Business Media that provides industry-leading used vehicle valuation and residual value forecast solutions, announced its latest Used Vehicle Retention Index figures, with the index listed at 113.0 at the end of March, a 0.8% decrease from the previous month’s mark of 113.9. Click here to obtain a copy of the latest index data.

 

The Black Book Used Vehicle Retention Index is calculated…

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Added by Black Book on April 13, 2017 at 7:13am — No Comments

BLACK BOOK DEPRECIATION REPORT SHOWS CONTINUED IMPROVEMENT IN VEHICLE RETENTION VALUES

According to Black Book® data, the average price of a used vehicle for model years 2011-2015 depreciated by -0.6% in March. Cars overall saw depreciation of –0.3% versus trucks, which saw –0.8% depreciation. All vehicles are averaging a 12-month depreciation change of –17.9%.

In March, four vehicles including Compact Cars, Sporty Cars, Compact Vans and Full Size Vans, increased in value. Out of those vehicles, Compact Vans preformed the best, increasing by +2.1% in…

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Added by Black Book on April 6, 2017 at 8:16am — No Comments

BLACK BOOK TO POWER VEHICLE VALUATION ENGINE FOR eAUTOAPPRAISE

Black Book, a division of Hearst Business Media that provides industry-leading used vehicle valuation and residual value forecast solutions, announced today it will serve as the trade appraisal engine for eAutoAppraise, a leading online trade-in solution with powerful online vehicle shopping features available to move  customers further down the sales funnel with dealers.

 

All eAutoAppraise dealer partners now benefit from Black Book’s legacy of accurate vehicle valuation…

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Added by Black Book on April 4, 2017 at 10:18am — No Comments

Broad Market Strength Seen 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…

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Added by Black Book on April 4, 2017 at 10:18am — No Comments

Everyday Cars That Became Collectibles Over Time

Think it's possible for an everyday car at a dealership to one day become a collectible car worth millions? Vehicle valuation specialists, Black Book, analyzed several affordable cars that were once purchased modestly at MSRP and eventually became great collectibles. Here is the list, compiled by Black Book:

 

Make…

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Added by Black Book on March 21, 2017 at 9:11am — No Comments

Commercial Compact Vans Getting another Look after Months of Low Performance

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…

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Added by Black Book on March 21, 2017 at 9:10am — No Comments

Cars Performed Better than Light Trucks 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…

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Added by Black Book on March 14, 2017 at 11:51am — No Comments

BLACK BOOK LAUNCHES THE USED VEHICLE RETENTION INDEX FOR ACCURATE VIEW OF THE WHOLESALE USED VEHICLE MARKET

Black Book, a division of Hearst Business Media that provides industry-leading used vehicle valuation and residual value forecast solutions, announced today the Black Book Used Vehcile Retention Index, designed to offer an unbiased, accurate view of the strength of today’s used wholesale market values. Click here to obtain a copy of the latest Index.

The Black Book Used Vehicle Retention Index is calculated…

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Added by Black Book on March 13, 2017 at 7:43am — No Comments

Small Cars, Small SUVs and Vans Performed Best 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…

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Added by Black Book on March 8, 2017 at 10:14am — No Comments

BLACK BOOK DEPRECIATION REPORT SHOWS INCREASED RETENTION STRENGTH FOR CARS

 

 

 According to Black Book® data, the average price of a used vehicle for model years 2011-2015 depreciated by -0.8% in February. Cars overall saw depreciation of –0.8% versus trucks, which saw –0.7% depreciation. All vehicles are averaging a 12-month depreciation change of –17.9%.

In February, Small Pickups preformed the best, increasing their value by 0.2%. Vehicles in the Small Pickups segment include the Toyota Tacoma, Chevrolet…

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Added by Black Book on March 8, 2017 at 9:58am — No Comments

Small Cars and Crossovers Performed Better while Luxury Vehicles Dropped More

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…

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Added by Black Book on March 2, 2017 at 6:27am — No Comments

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