Despite Recent Decline, Index Is Still Higher Than Its Level A Year Ago
Black Book, a division of Hearst that provides industry-leading used vehicle valuation and residual value forecast solutions, released its Used Vehicle Retention Index for April (113.6), a -0.2% change from March (113.8). Despite the Index now falling for five straight months it is still 1.4% higher than a year ago (112.0). C…