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Black Book's Blog – July 2018 Archive (9)

Minivans and Compact Vans See Improved 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 July 31, 2018 at 9:04am — No Comments

NEW BLACK BOOK ANALYSIS SHOWS VARYING RETENTION TRENDS OF DISCONTINUED MODELS

Not All Discontinued Vehicles Depreciation Alike

Black Book, a division of Hearst that provides industry-leading used vehicle valuation and residual value forecast solutions, made available today a new analytics-driven report that looks at why certain vehicle models were discontinued over the last several years, and how they’ve retained their values since discontinuation. Click here…

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Added by Black Book on July 30, 2018 at 7:22am — No Comments

Compact Cars Experience A Drop

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 July 24, 2018 at 10:13am — No Comments

BLACK BOOK JUNE DEPRECIATION REPORT SHOWS HIGHEST BUT STILL BETTER THAN TYPICAL MONTHLY DEPRECIATION SO FAR IN 2018

According to Black Book® data, the average price of a used vehicle for model years 2013-2017 decreased in value -1.2% during June, with cars changing -1.6% and trucks -1.0%. All vehicles are averaging a 12-month change of -13.9%, which is a lower average depreciation than typical pattern of -16% to -18% annually.

Two segments each saw positive changes in their average values during June: Sporty Cars at +0.5%, and Compact Vans at +0.3%. Vehicles in the Sporty Car segment include the…

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Added by Black Book on July 23, 2018 at 1:21pm — No Comments

Light Truck Depreciation Higher 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. Click here to download the full…

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Added by Black Book on July 17, 2018 at 7:47am — No Comments

BLACK BOOK BECOMES VALUATION PARTNER FOR MYEV.COM

Provides Vehicle Valuations for New Marketplace Catering to EV Vehicles

Black Book, a division of Hearst that provides industry-leading used vehicle valuation and residual value forecast solutions, announced today the integration of its vehicle valuation data with Motorsport Network’s MYEV.com, the first-to-market car shopping platform dedicated exclusively to the buying and selling of electric vehicles (EVs).

MYEV.com offers intuitive tools…

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Added by Black Book on July 16, 2018 at 12:10pm — No Comments

Originations through March 2018 reported as of May 2018

Auto Loan Originations Observations through March 2018 reported as of May 2018:

  • 5.82 million auto loans, totaling $130.6 billion, have been originated year-to-date. This is a 2.0% decrease in accounts and a 0.1% decline in balances from this time last year.
  • Auto loans represent 87.2% of all auto account originations and 90.3% of auto origination balances YTD.
  • 1.37 million auto loans have been originated YTD to consumers with a VantageScore® 3.0 credit score…
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Added by Black Book on July 12, 2018 at 6:52am — No Comments

BLACK BOOK USED VEHICLE RETENTION INDEX CONTINUES WITH GAINS LONG AFTER SPRING MARKET

Monthly Index Increased +0.3% During June

Black Book, a…

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Added by Black Book on July 5, 2018 at 11:30am — No Comments

Stability in Market Outside of a Few Luxury Segments

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 July 3, 2018 at 8:32am — No Comments

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