This week’s Black Book Market Insights report shows how car segments, particularly Sporty Cars, continue to face larger depreciation compared with trucks. The report spotlights

As auto lease levels continue to reach new highs, auto lenders will continue to ponder the prospects of re-leasing some of the off-lease inventory expected back in the next few years.

It’s not uncommon for dealers and used vehicle managers to complain that “we have to pay too much” to acquire auction vehicles.

According to Black Book® data, the average price of a used vehicle for model years 2011-2015 depreciated by -2.4% during August, noticeably more than July (-1.5%)

Continuous process improvement, an efficiency discipline learned from manufacturing, should drive the modern auto dealership. A good first place to implement this culture is in the reconditioning department.

Dealerships with strong used-car operations share two things in common. They’ve reduced the cost of acquiring inventory cars and recondition them faster.

As used-car retailer Carvana makes a push into the local home turf of industry leader CarMax, the two companies are taking to the airwaves to distinguish themselves to consumers,

If you recondition 75 or more a month, the effort should turn a profit for the dealership, not leak it, as so many reconditioning department processes unfortunately do.

This week’s Black Book Market Insights report shows a slight weakening in prices on crossovers and SUVs this past week, even though demand has remained at healthy levels.