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According to Black Book data, used vehicles model years 2008-2012 overall depreciated -2.1% in October, marking a noticeable change from September data recorded at -1.3%. Domestic cars depreciated -2.5%; import cars were -2.3%; domestic trucks were -1.7%; and import trucks were -2.1%. Average pre-recession depreciation is historically between -1% and -2% monthly.
Full-size pickups and Full-size CUVs led all segments with the strongest monthly depreciation levels each at just -1.1%.…
Added by John Sternal on November 11, 2013 at 7:57am — No Comments
CarsDirect is proud to be a sponsor of the Internet Sales 20 Group, taking place March 19-21, 2013 in Dallas. This exclusive, attendance-limited workshop will showcase a panel of the most successful dealership owners, managers and industry experts who will share their secrets on what is working in today's…Continue
Let’s take a look at our compensation…Continue
Added by Tony Navarra on October 28, 2012 at 5:13pm — No Comments
Following is this week’s edition of Beggs on the Used Car Market. What a variety of comments we received throughout this past week from dealers around the country. From the Pennsylvania market the “demand seemed to be up”, while not too far away geographically at an Indiana auction the feeling was that “prices seem to be dropping”. A Michigan report felt…Continue
Added by John Sternal on October 23, 2012 at 12:00pm — No Comments
Autoline Discusses State Of The Used Car Market
Check out this week's edition of Autoline with John McElroy, where the current state of the used-car market is discussed. Guests included Steve Finlay of Ward's Auto, Ron MacEachern of The Suburban Collection and Ricky Beggs, Managing Editor of Black Book. Important topics discussed included the impact older-model trade-ins are having on franchise dealers, and their ability to…Continue
Added by John Sternal on October 17, 2012 at 12:55pm — No Comments
Where Are The Most Volatile Prices In The Auto Market?
How was the market this past week? When looking at the car segment activity from Black Book data, the overall segment average change increased over the previous week to -$70. Within the various segments, most were pretty similar to the week before except for the Entry Level Cars (ELC) which had been pretty solid for the previous two weeks but requiring…Continue
Added by John Sternal on October 11, 2012 at 12:21pm — No Comments
Following is the latest used-car pricing trends from Black Book data and analysis. Week over week gas prices at the pump increased by $.03, with no detriment to the necessary changes to the vehicles of the…Continue
Used Vehicle Value Changes Week Of Sept. 13
Here are the latest wholesale price changes according to Black Book analyst Ricky Beggs. From all the data we analyzed during the week, the effects of continuing climbing gas and diesel prices at the pump, that has now reached a point that is higher than any time since back in the week of April 23, 2012, has given us some…
Added by John Sternal on September 14, 2012 at 7:08am — No Comments
New Mid-Size Models Will Likely Impact Used Car Values
Here are the latest used-car pricing trends from Ricky Beggs, senior analyst at Black Book. One of those major refreshes we at Black Book have recently had a chance to see first- hand comes from the normally less than exciting mid-size car segment. Don’t just…
Added by John Sternal on September 10, 2012 at 6:28am — No Comments
Used Vehicle Prices Continue To Drop Across Many Segments
Black Book editors and survey personnel continued their auction attendance gathering current market data and insight from all across the country, enabling us to make the most accurate and current Daily adjustments to the published values.
Gas prices continue to climb, this past week up another $.02 to a national average of $3.74 per gallon. The comments…
Added by John Sternal on August 29, 2012 at 12:14pm — No Comments
I came across an article recently on LinkedIn called, "Selling Your Age As A Benefit. How Do You Make Your Most Effective Case During A Job Search?". (Blush) I have yet to read the article. But a…Continue
Added by Tom Gorham on June 26, 2012 at 7:00pm — No Comments
Tonight I am in Minneapolis Minnesota and I was checking a few searches for the Morries Automotive Group, who I will be visiting with tomorrow from my iPhone.
When I searched the phrase "Morries Reviews" this is the search results page that Google displayed on my iPhone:
Please join us this weekend for our
Added by Ken Beam on August 26, 2011 at 6:42am — No Comments
Wow! Check out this awesome 2006 Infiniti QX56!
You won`t believe the condition! It`s just beautiful!
Has 128,361 miles & runs as great as it looks! 3rd Row Seat! DVD! Navigation!
Being offered for…
Added by Ken Beam on July 16, 2011 at 8:22am — No Comments
Added by Jody DeVere on September 10, 2009 at 12:29pm — No Comments
My Dad is still driving at 85 years old and is one of the big reasons I love cars! My Dad did not own a car at all until he was he was 33 years old. Owning a car was a luxury item for a post WWII blue collar family man in the 1950's, he car-pooled to work for years. His first car was a new 1956 Chevy (pictured on left), bought the year after I was born, (HEY.. how did they get me home from the hospital?). Already a father of four girls, including me,… Continue
Added by Jody DeVere on June 18, 2009 at 12:32pm — No Comments