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TAG SEARCH RESULT: Black Book

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February 15, 2017 - Industry News

Black Book: Luxury Depreciation Spikes

Luxury vehicles continued to struggle last week, as the segment realized some of the highest depreciation rates among all segments, according to the vehicle valuation firm.

Tags: Black Book, Depreciation, Luxury Vehicles, Used Vehicles

February 1, 2017 - Industry News

Black Book: Weekly Used Luxury Car Prices Tumble

While the truck segment realized its best week in terms of vehicle depreciation last week, values for used luxury cars tumbled, according to Black Book’s Jan. 31 Market Insights Report.

Tags: Black Book, used-vehicle values, wholesale values

January 18, 2017 - Industry News

Compact Cars Continue to Show Strength

For model years 2008-2014, compact cars realized a wholesale value decline of 0.11% — the lowest level among all small cars. Alternatively, prestige luxury cars and subcompact cars realized the highest wholesale-value declines, with depreciation of 0.69% and 0.64%, respectively.

Tags: Black Book, CPO, small cars, used-vehicle sales, vehicle depreciation, Wholesale Pricing

January 10, 2017 - Industry News

Black Book: Smaller Cars Back in Demand

Small cars (model-year 2008-2014) are making a comeback to open the year, and Black Book believes the segment could be in for a good spring.

Tags: Black Book, vehicle depreciation, Wholesale Pricing

January 4, 2017 - Industry News

Black Book: Used-Car Prices Stabilize in December

Depreciation trends stabilized to close out 2016, with depreciation rates for all cars and trucks falling into seasonal patterns, Black Book reported this week.

Tags: Black Book, Cars, Depreciation, Trucks, Used Vehicles

December 6, 2016 - Industry News

Black Book: Trucks Depreciating More Than Cars

The pendulum finally swung last week, with trucks showing higher depreciation than cars for the first time this year, according to Black Book.

Tags: Black Book, used-vehicle values, Value Retention, vehicle depreciation, wholesale values

November 29, 2016 - Industry News

Black Book: Used-Vehicle Depreciation Continues Slowdown

For the car segment, wholesale values decreased by 0.56% last week, an improvement over the 0.62% decrease the segment realized the week before. On the truck front, wholesale values decreased by 0.31%, less than the prior week’s depreciation rate of 0.59%.

Tags: Black Book, Depreciation, Used Vehicles, Wholesale Pricing

November 15, 2016 - Industry News

Black Book: Car and Truck Depreciation Slowing

Volume weighted, overall car segment values decreased by 0.46% the week of Nov. 4, which was lower than the 0.7% depreciation rate recorded during the four weeks prior. For the truck segment, values decreased by 0.34%, slightly lower than the 0.58% rate recorded during the previous four weeks.

Tags: Black Book, Cars, Depreciation, Trucks, Wholesale Pricing

November 8, 2016 - Industry News

Black Book: Depreciation Slows for Cars and Trucks

Both the car and truck segments experienced an overall reduction in depreciation during the week of Oct. 28, with car and truck wholesale values decreasing by 0.53% and 0.58%, respectively, vs. 0.76% and 0.80% the previous week..

Tags: Black Book, Depreciation, Used Vehicles, Wholesale Pricing

November 3, 2016 - Industry News

Black Book: Small Cars Falter, Small Pickups Prosper in October

The average price of a used vehicle for model years 2011-2015 depreciated 2.9% in October, a noticeable change from September's 2.3% depreciation rate, according to Black Book.

Tags: Black Book, Retention, Used Vehicles

November 1, 2016 - Industry News

Vehicle Depreciation Accelerates Heading Into Q4

A steep decline in Crossover/SUV wholesale values, which have been strong all year, may point to more than seasonality as the reason for the accelerated depreciation of two-year-old vehicles, Black Book said this week.

Tags: Black Book, Finance, used-vehicle values, vehicle depreciation, wholesale values

October 25, 2016 - Industry News

Used Pickup Sales Weakening

A rising supply of used pickups coupled with aggressive pricing for new models is expected to cause a weakening in values in the wholesale market, according to new data from Black Book.

Tags: Black Book, Depreciation, Retention, Trucks, Used Vehicles

October 18, 2016 - Industry News

Black Book Records Largest Weekly YTD Decline in Car Values

Whether a seasonal trend or a sign of things to come, Black Book recorded the largest year-to-date weekly decline in car values last week. Trucks also recorded a sizable drop in values.

Tags: auto finance, Black Book, Used Vehicles, wholesale values

October 13, 2016 - Industry News

Black Book: Truck Retention Rates Fall Again

Wholesale values continued to fall last week, although cars fared better than trucks, according to Black Book. The firm reported that the wholesale value for the overall car segment decreased by 0.57% from the week prior, while the truck segment declined 0.58%.

Tags: Black Book, Depreciation, Market Insights, Trucks

October 4, 2016 - Industry News

Black Book: Truck Segment Showing Higher Depreciation

Last week, cars showed better retention that they did the previous four weeks, while trucks depreciated more than they have during that same timeframe, Black Book reported today.

Tags: Black Book, Value Retention, vehicle depreciation

September 28, 2016 - Industry News

Black Book: Car Depreciation Shows Signs of Slowing

The car segment retained its value well last week, with the wholesale value of 2008-2014 model-year cars decreasing by 0.68% last week. This was in line with the 0.67% decline the segment has experienced over the last six weeks, according to Black Book’s Market Insights report.

Tags: Black Book, Depreciation, Wholesale, wholesale values

September 20, 2016 - Industry News

Black Book: Used Leasing a Viable Strategy for Moving Glut of Off-Lease Vehicles

Black Book issued a white paper that suggests used leasing could be the answer to the glut of off-lease vehicles expected to return to market this year. While directed at finance sources, the white paper offers a four-step process dealers can use to identify the right vehicles for used leasing.

Tags: Black Book, Experian, Leasing, Used Leasing

September 8, 2016 - Industry News

Car Depreciation Accelerates in August, Black Book Reports

Only two car segments ranked in the Top 12 for strongest monthly retention, the firm reported this week. It added that depreciation for all car segments topped rates recorded during the last three years for the month of August.

Tags: Black Book, used-vehicle values, vehicle depreciation

August 25, 2016 - Industry News

Black Book: Wholesale Car Values Falling at Fastest Pace This Year

The wholesale value of 2008-2014 model-year cars continued to fall last week, according to Black Book’s Market Insights report. While many of the familiar trends — trucks performing better than cars — were present, there were some outliers.

Tags: Black Book, Depreciation, Wholesale, wholesale values

August 9, 2016 - Industry News

Black Book: Most Used-Vehicle Segments Show 'Slightly Better' Retention in July

The average price of a used vehicle for model years 2011-2015 depreciated 1.5%, slightly less than last month (1.7%) but slightly higher than a year ago (1.4%), according to Black Book.

Tags: Black Book, Report, Used Vehicle, Value Retention, Vehicle Value

July 13, 2016 - Industry News

Outkazt Media to Distribute Black Book's Bullseye Prospecting Tool

Black Book has signed another distribution agreement with a marketing agency. This time, the vehicle valuation firm has teamed with Outkazt Media, which will leverage Black Book’s Bullseye Prospecting solution in dealer marketing campaigns.

Tags: Black Book, Bullseye Prospecting, digital marketing, Email Campaign, online advertising

July 13, 2016 - Industry News

Used Vehicles Depreciate 1.7% in June, Black Book Reports

The average price of a used vehicle for model years 2011-2015 depreciated 1.7% in June, according to Black Book. On a year-over-year basis, these vehicles fell 15.4% in value.

Tags: Black Book, Depreciation, Pricing, Used Vehicles

June 22, 2016 - Industry News

Black Book: Depreciation Rates Showing Consistency

Over the last four weeks, depreciation rates for both cars and trucks have begun to show some consistency, according to Black Book, with truck depreciation picking up from the spring season.

Tags: Black Book, Used-Car Values, vehicle depreciation

May 31, 2016 - Industry News

Gauss Digital Marketing to Distribute Black Book's Bullseye Prospecting Solution

Black Book's distribution agreement with Gauss Digital Marketing will help expand the footprint of its new Bullseye Prospecting solution, a turnkey platform for dealer marketing campaigns.

Tags: Black Book, Bullseye Prospecting, Gauss Digital Marketing

May 17, 2016 - Industry News

Black Book Releases Residual Forecast on Three-Year-Old Vehicles

The forecast shows that residuals on an average three-year-old vehicle will dip from the current three-year retention of 52% in 2016 to 47.8% by 2019. Increased used supply in the marketplace is the main culprit of slipping retention rates this year, the firm said.

Tags: Black Book, residual values, used-vehicle values

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