Posts
SUVs and CUVs See the Best Retention Out of all Segments
According to Black Book® data, the average price of a used vehicle for model years 2011-2015 depreciated by -2.3% during September, just slightly better than in August (-2.4%).
Oct 7, 2016
Used Car Market Insights – Week of October 3, 2016
This week’s Black Book Market Insights report shows an increased depreciation on Full-Size Pickups and Full-Size Vans this past week. On the other side of the spectrum,
Oct 4, 2016
Used Car Market Insights – Week of September 26, 2016
This week’s Black Book Market Insights report shows how car segments, particularly Sub-Compact Cars, retained their values better compared to other car segments. The report also
Sep 27, 2016
Auto Lender Survey Shows Disconnect over Use of Residuals for Portfolio Strategy
A large number of auto lenders say they don’t leverage residual data for their portfolio, despite the majority admitting that portfolio risk assessment and remarketing remains at the top
Sep 27, 2016
Used Car Market Insights – Week of September 19, 2016
This week’s Black Book Market Insights report shows a slight weakening in prices on Luxury and Near Luxury Cars this past week, even though demand has remained at healthy levels.
Sep 20, 2016
Posts
Dealer ManagementDealer/GM NewsFixed Operations NewsPre-Owned Sales & Marketing StrategiesPre-Owned Sales StrategyServiceTrending Industry News
Now Is the Time to Be Selling Pre-Paid Maintenance
With the major shift into leasing certified pre-owned vehicles by several OEMs and major financial institutions, many dealers have predicted a decline in service contract sales.
Sep 20, 2016
Understanding the Actual Profit Impact of Recon Turns
A new language is emerging to describe the evolution in used car reconditioning. These terms define how managing recon by the clock get inventory frontline-ready sooner,
Sep 15, 2016
Used Car Industry Ranks Lowest for Trust with Consumers
The car classified website’s September Market Report showed that only seven per cent of UK consumers who were quizzed claimed to trust used car dealerships.
Sep 14, 2016
Carfax Spots More Flood-Damaged Cars on Road
More than 271,000 cars reported as flood damaged by a state’s Department of Motor Vehicles, insurance companies or other entities are back in use. That’s a nearly 30 percent increase
Sep 14, 2016