Posts
A Longer Car-Life Span Negatively Affects the Car-Buying Industry
A new study by AutoMD says more people are buying a used car or, they're waiting longer to buy a new car. (They credit this to vehicles lasting longer than ever before.)
Jun 16, 2016
BMW Financial Opens Off-Lease Inventory to All Dealers
In preparation of the influx of off-lease vehicles returning to the market, BMW Financial Services has made its BMWGroupDirect.com service accessible to independent and non-BMW franchise
Jun 16, 2016
Used Car Market Insights – Week of June 14, 2016
This week's Black Book Market Insights report looks closely at which segments are continuing to face heavier-than-normal depreciation, particularly over the last month. Smaller cars, including the
Jun 14, 2016
5 Pointers To Preserve and Protect Profitability As You Acquire Used Vehicles
If you pay too much for an auction or trade-in vehicle, you’ve shrunk the spread between your costs to acquire and recondition the unit, and its retail selling point. Conversely, if you “steal” a car
Jun 9, 2016
A Closer Look at Over-aged Units
Absolutely amazing, after all these years, here we sit, going through this again. Countless times, over and over again, over-aged vehicles represent statement profit that is a fantasy.
Jun 9, 2016
Used Car Market Insights – Week of June 7, 2016
This week's Black Book Market Insights report looks at valuation activity from the first week of June, showing Full-Size Vans as the only segment with a positive change in values. Minivans and small pickups
Jun 7, 2016
Black Book: Sub-Compact Cars Depreciated Significantly from A Year Ago
According to Black Book® data, the average price of a used vehicle for model years 2010-2014 depreciated by -0.5% during May. Cars overall saw slightly higher depreciation during May at -1.0%,
Jun 6, 2016
Consumers Hungry for Used Leases, Survey Says
Consumers want more flexibility when it comes to leasing, according to a survey conducted by Swapalease.com. Of the more than 2,500 consumers polled, 54% said they would be interested in extending
Jun 2, 2016
Waking Up to The Digital Reality: Why the Auto Auction Industry Should Self-Disrupt
For many, the hardest part about adapting, is breaking from routine. When you have gotten to the point where you feel like you've trained your staff well enough to do the job in their sleep,
Jun 2, 2016