Posts
Used Cars Become Bigger Part of TrueCar’s Business
“If you look at our business over the past couple of years, you’ve seen used cars grow every quarter,” TrueCar president and chief executive officer Chip Perry said during the company’s quarterly
May 17, 2016
Used Car Profit Begins with Acquisition, Not Liquidation
Making a profit in the used car business is increasingly more challenging. With consumers becoming smarter and having access to more information, plus more options, it seems the only way for dealers
May 17, 2016
Lease Credit Approvals Mirroring Broader Consumer Confidence Trends
Swapalease.com, the nation's largest car lease marketplace, reports car lease credit approvals registered a 69.9% approval rate for April, a slight bounce back from the pace of approvals (66.7%) seen in March.
May 16, 2016
Black Book Unveils Residual Forecast On Three-Year-Old Vehicles
Black Book, a division of Hearst Business Media that provides new- and used-vehicle valuation services and custom data licensing solutions, unveiled its May residual forecast illustrating the downward
May 16, 2016
Used Car Market Insights – Week of May 10, 2016
This week’s Black Book Market Insights report takes a comparative look at how car segments have performed year-to-date in 2016 versus the same period last year. According to Black Book data and analysis,
May 10, 2016
Today’s Biggest “SuperCar” Bargains
Black Book's Collectible Cars editor, Eric Lawrence, offers up the following bargains on exotic, high-end luxury and overall fun cars. Here is a listing of several cars, what they were originally priced at
May 9, 2016
Black Book: Both Cars and Trucks See Increased Depreciation Over Last 12 Months
According to Black Book® data, the average price of a used vehicle for model years 2010-2014 depreciated by just -0.1% during April, signaling what is usually the last strong month of the spring season.
May 9, 2016
Difference in Price – New vs. Used Lease
National online auto lease marketplace, Swapalease.com, recently conducted a comparison of monthly payments on two popular trucks today, a 2016 GMC Yukon 4WD SLE, and a 2016 GMC Sierra
May 9, 2016
Used Car Market Insights – Week of May 4, 2016
This week’s Black Book Market Insights report identifies a potential new trend that may signal that the end of the spring market may be around the corner. Many car segments saw weakening retention,
May 4, 2016