Black Book's Blog (340)

BLACK BOOK & FITCH RATINGS UNVEIL LATEST JOINT VEHICLE DEPRECIATION REPORT

Black Book® and Fitch Ratings, Inc., today released their latest joint vehicle depreciation report, showing that overall vehicle depreciation for two- to six-year old vehicles is expected to reach 15% in 2016, an increase from the 13.2% level experienced in 2015. Click here to download the full report. Click here to download the report.

The projected level of depreciation will mark the first time in the previous five years that…

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Added by Black Book on March 25, 2016 at 2:42pm — No Comments

Small Car and Pickups Values Show Stability

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full…

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Added by Black Book on March 23, 2016 at 2:01pm — No Comments

No Spring Market Lift So Far…Small Car Values Continue to Decline

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full…

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Added by Black Book on March 15, 2016 at 4:26pm — No Comments

BLACK BOOK ANNOUNCES PREMIER, COLLABORATIVE PARTNERSHIP WITH DRIVIN

Black Book, a division of the Hearst Business Media Corporation that provides new- and used-vehicle valuation services and custom data licensing solutions, today announced an exciting, collaborative partnership with DRIVIN that will deliver real value to their extensive network of over 10,000 active dealerships. 

Black Book will be the exclusive vehicle valuation service provider to DRIVIN’s proprietary, inventory trading platform that analyzes over 2M VINs every day to source,…

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Added by Black Book on March 15, 2016 at 9:26am — No Comments

Depreciation Slowed A Little From Last Week

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full…

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Added by Black Book on March 8, 2016 at 2:42pm — No Comments

BLACK BOOK: MID-SIZE CARS SEE NO DEPRECIATION IN THE MONTH OF FEBRUARY

LAWRENCEVILLE, Ga. (March 8, 2016) – According to Black Book® data, the average price of a used vehicle for model years 2010-2014 declined -1.1% during February. Cars declined -1.1% and trucks declined -1.2% during the month. 

Full-Size Pickups led all vehicle segments with the highest depreciation on the month at -2.7%. Vehicles in this segment include Chevrolet Silverado, Dodge Ram 1500, Ford F150, the Nissan Titan and the Toyota Tundra. Vehicles in this segment entered March…

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Added by Black Book on March 8, 2016 at 11:41am — No Comments

Small Car Segments Declined the Most…Bucking the Typical Seasonality Trend

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full…

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Added by Black Book on March 2, 2016 at 4:41pm — No Comments

Sub-Compact Car and Full-Size Pickup Experience Some Softness

 

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the…

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Added by Black Book on February 23, 2016 at 2:51pm — No Comments

Sub-Compact Car Values Stabilizing

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full…

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Added by Black Book on February 10, 2016 at 11:50am — No Comments

Truck Segments Experiencing Low Depreciation As Gas Prices Continue to Drop

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full…

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Added by Black Book on February 2, 2016 at 11:37am — No Comments

First Appreciating Segment of the Year…

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full…

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Added by Black Book on January 27, 2016 at 3:55pm — No Comments

TOM CROSS PROMOTED TO EXECUTIVE VICE PRESIDENT AND DEPUTY GROUP HEAD, TRANSPORTATION, HEARST BUSINESS MEDIA

Hearst Business Media has global holdings in the finance, healthcare and transportation industries. Cross will oversee the transportation portfolio, which includes MOTOR Information Systems, Black Book and Canadian Black Book. 

Hearst Transportation delivers more than 8 billion vehicle valuations annually that are used by dealers and financial institutions throughout the United States and Canada for trade-ins, wholesale and financing transactions. Its solutions guide automotive…

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Added by Black Book on January 14, 2016 at 12:30pm — No Comments

Market Activity Slows as Expected Near End of Year

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full…

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Added by Black Book on January 12, 2016 at 5:05pm — No Comments

CARS FINISH 2015 WITH -18.2% DEPRECIATION ACCORDING TO BLACK BOOK

Record Auto Sales in 2015 Point Toward Continued Rising of Vehicle Depreciation

According to Black Book® data, the average price of a used vehicle for model years 2010-2014 declined 1.8% during December, 2015. Cars declined -2.0% while trucks declined -1.7% during the month. 

Average pre-recession annual depreciation was continually recorded between -15% and -18%, and Black Book expects 2016 depreciation near -14%. Interestingly enough, trucks finished 2015 with a…

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Added by Black Book on January 8, 2016 at 4:50pm — No Comments

All Segments Depreciate This Week

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full…

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Added by Black Book on January 5, 2016 at 10:18am — No Comments

Low Depreciation for Cars and Trucks

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full…

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Added by Black Book on December 29, 2015 at 11:37am — No Comments

Luxury and Compact SUV Seeing Large Depreciation

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. …

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Added by Black Book on December 22, 2015 at 11:51am — No Comments

Market Activity Slows as Expected near End of Year

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full…

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Added by Black Book on December 15, 2015 at 12:17pm — No Comments

BLACK BOOK: FULL-SIZE SEGMENTS SEE LOWER PRICE DECLINES TOWARD END OF YEAR

According to Black Book® data, the average price of a used vehicle for model years 2010-2014 declined -2.8% during November, reinforcing the notion that cars and trucks face their heaviest depreciation toward the end of the year. Cars declined -3.1% while trucks declined -2.6% during the month. Average pre-recession annual depreciation was continually recorded between -15% and -18%, and Black Book expects 2015 depreciation near -13.0%.



For the second straight month, cargo mini…

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Added by Black Book on December 7, 2015 at 3:47pm — No Comments

Truck Segments Decline More Than Car Segments

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full report.

 

The Black Book Market Insights report this week shows that truck depreciation was actually higher than cars this past week, a milestone rarely achieved this past year. The report also highlights three-year average retention…

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Added by Black Book on December 2, 2015 at 4:16pm — No Comments

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