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Black Book: Domestic Cars Drop 10% in Value over Last Three Months

According to Black Book® data, the average price of a used vehicle for model years 2011-2015 depreciated by -2.9% in October, a noticeable single-month change from the -2.3% change during
Nov 4, 2016

Used Car Market Insights – Week of November 1, 2016

This week’s Black Book Market Insights report shows a greater weakening in prices on vehicles in both car and truck segments heading into the 4th quarter. This week’s report also
Nov 1, 2016

Used Car Market Insights – Week of October 25, 2016

This week’s Black Book Market Insights reveals an increase in slow and no-sales days at auctions across the country. This week’s report also takes a comparison look at this year’s weekly
Oct 25, 2016

‘Mirroring’ Tech Allows Cars to Work Like Smartphones – but Integration Not yet Seamless

According to the J.D. Power 2016 Smartphone Automotive Mirroring Report released Tuesday, that wish is moving closer to reality.
Oct 20, 2016

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.
Oct 20, 2016

NADA: Supply, Incentives Driving Down Retention Rates

Through September, retention rates for most model-year 2013 vehicles are down across the board compared to last year, according to NADA Used Car Guide. Larry Dixon, the firm's
Oct 12, 2016

Sept. Update: Manheim on Prices & Black Book on Depreciation

Whether looking from the dealer perspective of used-vehicle prices for units running down the lanes or movements in depreciation that finance companies might consider, neither Manheim
Oct 12, 2016

3 Essential Pre-Owned Sales Recommendations

Every time I do a Twenty Group, Dealer State Association meeting, or anything where a group of dealers are gathered without their managers, I start hearing what used car managers will not do or adhere to,
Oct 10, 2016

A Telling Dive Into Used Vehicle Inventory Age and Front-End Gross

For the past several years, I have encouraged dealers to retail at least 50 percent of their used vehicle inventory in less than 30 days.
Oct 10, 2016