Posts
Don’t Just Offer Certified Pre-Owned Vehicles, Market Them
Don’t Just Offer Certified Pre-Owned Vehicles, Market Them, from Wards Auto. Is that new used-car superstore actually you? With all of those once-new models about to re-enter the market as used vehicles, expect a 2015 decline in pre-owned prices. W
Feb 13, 2015
Black Book Data Show Domestic Cars Outperforming Trucks in January Vehicle Retention Levels
Dealers Ready for the Tax Season by Stocking Up on Cars Near the $10,000 Price Point LAWRENCEVILLE, Ga. (February 10, 2015) – According to Black Book® data, the average price of a used vehicle for model years 2009-2013 entered 2015 with mild depr
Feb 10, 2015
Ford, Nissan exceed estimates with January auto sales increases
Ford, Nissan exceed estimates with January auto sales increases, from Chicago Tribune. Ford beat estimates with U.S. auto sales rising 16 percent in January, while Nissan’s 15 percent increase also exceeded projections. Fiat Chrysler Automobile
Feb 6, 2015
CPO Sales Start Year Ahead 17%
CPO Sales Start Year Ahead 17%, from Auto Remarketing. Certified pre-owned sales picked up right where they left off — and actually got stronger. Following the fourth consecutive best-ever year for the market, CPO sales climbed more than 17 percent
Feb 6, 2015
Used Cars Could Depreciate More in 2015
Used Cars Could Depreciate More in 2015, from Cars.com. Looking for a used car? This might be the year to start shopping. Ratings agency Fitch and Cars.com partner Black Book, a used-car valuation service, said in a new report that increasing new-car
Feb 6, 2015
Black Book & Fitch Ratings Release 2015 Vehicle Depreciation Report
Segment Retention Volatility & Off-Lease Increases Will Accelerate Depreciation in 2015 LAWRENCEVILLE, GA (February 3, 2015) – Vehicle depreciation is expected to accelerate in 2015 as increased used-car supply and larger off-lease volumes pla
Feb 3, 2015
New- and Used-Vehicle Markets In It Together
New- and Used-Vehicle Markets In It Together, from Wards Auto. The pre-owned market is a “critical link in the automotive ecosystem,” says Tom Webb, Manheim chief economist. Every used car begins as a new car. That’s a reason the new- and used-
Jan 30, 2015
Used Price Update: Wholesale Prices Remain Unchanged Mid-Month
Used Price Update: Wholesale Prices Remain Unchanged Mid-Month, from NADA. After increasing by 0.3% on a prior month basis in December, wholesale prices for used vehicles up to eight years in age remain unchanged through the first half of January. Th
Jan 30, 2015
Subaru Tops Kelley Blue Book List for Resale Value
Subaru Tops Kelley Blue Book List for Resale Value, from The Wall Street Journal. A half a decade ago, when auto executives were trying to survive one of the worst downturns in the industry’s history, Subaru was quietly beginning to surge. The Japa
Jan 30, 2015