Black Book Used Vehicle Retention Index Decreases in December
There were 4 months of typical seasonal decline in prices, resulting in a relatively flat seasonally adjusted index.
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There were 4 months of typical seasonal decline in prices, resulting in a relatively flat seasonally adjusted index.
The August index hit a new all-time high, now the highest it’s been since May 2014.
In the wake of COVID-19, dealers and F&I managers are wondering what continued impact this pandemic will have on the industry. Black Book’s SVP of data science and VP of automotive valuations, shared their analyses and predictions, of what you and other automotive executives may face as we move forward.
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