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Black Book's ADM Blog (143)

Most Segments Decline 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…

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Added by Black Book on June 28, 2016 at 10:53am — No Comments

Depreciation Rates Steady

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 21, 2016 at 8:58am — No Comments

BLACK BOOK: SUB-COMPACT CARS DEPRECIATED SIGNIFICANTLY FROM A YEAR AGO

According to Black Book® data, the average price of a used vehicle for model years 2010-2014 depreciated by -0.5% during May. Cars overall saw slightly higher depreciation during May at -1.0%, compared with trucks, which saw just -0.2% on the month.

Sub-Compact Cars saw the largest segment depreciation during May at -2.4%. Vehicles in this segment include the Ford Fiesta, Hyundai Accent, Kia Soul, Chevrolet Sonic, Fiat 500 and the Nissan Versa. Vehicles in this segment finished the…

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Added by Black Book on June 6, 2016 at 11:46am — No Comments

Most Segments Showed Good Retention 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 24, 2016 at 1:16pm — No Comments

BLACK BOOK SIGNS BULLSEYE PROSPECTING DISTRIBUTION AGREEMENT WITH GAUSS DIGITAL MARKETING

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 Gauss Digital Marketing to leverage Bullseye Prospecting as a resource to streamline efficiencies and elevate profit potential in auto dealer customer campaigns.

Powered by Black Book, Bullseye Prospecting is a comprehensive, all-inclusive platform designed to help marketing agencies automate customer…

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Added by Black Book on May 24, 2016 at 1:15pm — No Comments

BLACK BOOK UNVEILS RESIDUAL FORECAST ON THREE-YEAR-OLD VEHICLES

Black Book, a division of Hearst Business Media that provides new- and used-vehicle valuation services and custom data licensing solutions, unveiled its May residual forecast illustrating the downward pressure on prices that increased supply will continue to have over the next few years.  

Black Book forecast data show that residuals on an average three-year-old vehicle will dip from the current three-year retention of 52.0% in 2016, to 47.8% by 2019. Retention values on a…

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Added by Black Book on May 17, 2016 at 7:56am — No Comments

Today’s Biggest Supercar Bargains

Think it's not possible to spend just $25k for an Aston Martin that was originally priced at $130k? It is, and there are several other "super cars" going for cheap these days, as well.

Black Book's Collectible Cars editor, Eric Lawrence, offers up the following bargains on exotic, high-end luxury and overall fun cars. Here is a listing of several cars, what they were originally priced at and what they're now going for at auction.

Here are some cheap…

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Added by Black Book on May 11, 2016 at 10:26am — 1 Comment

BLACK BOOK: BOTH CARS AND TRUCKS SEE INCREASED DEPRECIATION OVER LAST 12 MONTHS

According to Black Book® data, the average price of a used vehicle for model years 2010-2014 depreciated by just -0.1% during April, signaling what is usually the last strong month of the spring season. 

At the close of 2015, twelve-month truck depreciation was just –9.2% compared with –18.2% for cars.…

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Added by Black Book on May 6, 2016 at 6:30am — No Comments

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

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

Truck 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.…

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Added by Black Book on May 4, 2016 at 8:00am — 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…

Continue

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

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