Black Book's Blog (340)

Cars and Trucks Depreciation Rate Increases Year-Over-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 report.

 

The Black Book Market Insights report this week looks at the continuing impact late-year seasonality is having across all car and truck segments. What’s more, the report offers front-line insight from remarketing…

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Added by Black Book on November 17, 2015 at 2:54pm — No Comments

COMMERCIAL VANS ARE DEPRECIATING DIFFERENTLY BASED ON THEIR SIZES

According to Black Book® data, the average price of a used vehicle for model years 2010-2014 declined -2.6% during October, a significant increase from the -1.5% pace during September. Cars declined -3.3% while trucks declined just -2.0% during the month. Average pre-recession annual depreciation was continually recorded between -15% and -18%, and Black Book expects 2015 depreciation near -13.0%.



Cargo mini vans led all vehicle segments with the highest depreciation on the month…

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Added by Black Book on November 16, 2015 at 11:05am — No Comments

Trucks Experienced Largest Declines Seen This

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 the heavy late-year seasonal toll being felt by many car and truck segments. In fact, trucks fell by approximately -0.80%, among the largest single-week declines felt all…

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Added by Black Book on November 10, 2015 at 4:51pm — No Comments

BLACK BOOK VEHICLE APPRAISAL DATA NOW POWERS AUTONATION EXPRESS

Black Book announces it is now providing the vehicle appraisal data for AutoNation Express, the online car shopping and purchasing destination for AutoNation stores throughout the U.S. The partnership allows AutoNation to provide a more seamless car shopping experience with transparency in mind for consumers.



Under terms of the agreement, car shoppers visiting any of AutoNation’s 300+ stores around the country receive an accurate trade appraisal for their vehicle when shopping for…

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Added by Black Book on November 10, 2015 at 4:50pm — No Comments

Cars & Trucks Experience Largest Declines This 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 report.

 

The Black Book Market Insights report this week looks at the continued effects the price of gas is having on smaller cars and entry-level cars, which are showing some of the largest declines of the year. Interestingly, even…

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Added by Black Book on November 5, 2015 at 11:14am — No Comments

All Car Segments Declined While Pickup Trucks Held Values

 

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 continues to take a look at the depreciation trends of specific Volkswagen diesel vehicles affected by the recent emissions/software situation. The report shows that…

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Added by Black Book on October 28, 2015 at 1:35pm — No Comments

Broad Declines in Car and Truck 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 continues to take a look at the depreciation trends of specific Volkswagen diesel vehicles affected by the recent emissions/software situation. The report shows that since…

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Added by Black Book on October 20, 2015 at 3:59pm — No Comments

SOME TRUCK SEGMENTS DEPRECIATE LESS ANNUALLY THAN WHAT CARS SHOW IN A MONTH ACCORDING TO BLACK BOOK

According to Black Book® data, the average price of a used vehicle for model years 2010-2014 declined -1.5% during September, relatively unchanged from the -1.6% pace during August. Cars declined -2.3% while trucks declined just -1.0% during the month. Average pre-recession annual depreciation was continually recorded between -15% and -18%, and Black Book expects 2015 depreciation near -14.0%.



Compact Cars led all vehicle segments with the highest depreciation on the month at…

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Added by Black Book on October 13, 2015 at 9:30am — No Comments

Car and Trucks Experiencing Softening in Fall Market

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.

 

Black Book recognizes that depreciation patterns for cars and trucks have remained constant over the past several months, with cars facing heavier price declines than trucks in most segments. However, it’s interesting to…

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Added by Black Book on October 6, 2015 at 3:27pm — No Comments

BLACK BOOK LENDER SOLUTIONS’ LATEST WHITE PAPER SHOWS HOW RESIDUALS SHOULD BE USED FOR UNDERWRITING

Black Book’s latest white paper shows how lenders should be using collateral and residuals in the underwriting process. The paper, authored by Black Book’s Lender Solutions division, is titled “Vision 20/20: Using Residuals To Spot Portfolio Growth Opportunity” and can be downloaded for free by clicking here.



The paper illustrates the importance of how collateral and residuals can help lenders manage risk levels…

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Added by Black Book on September 22, 2015 at 1:03pm — No Comments

Largest Truck Depreciation Since 2014

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.

 

In analyzing this past week’s market activity, Black Book is noticing that depreciation is picking up across the board for both cars and trucks. Especially for trucks, the average depreciation last week changed -0.46%, the…

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Added by Black Book on September 22, 2015 at 1:01pm — No Comments

Relatively Stable Decline in Values

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.

 

Black Book analyzed the depreciation trends from the previous three months and identified some interesting trends (chart below). Not surprisingly, trucks dominated the lighter side of the depreciation chart, while smaller…

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Added by Black Book on September 15, 2015 at 9:49am — No Comments

Wide Variation In Results Across 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.

 

According to Black Book, remarketing activity has continued its steady pace as we head into the final weeks of summer, with dealer sentiment around the country remarking on a steady flow of sales especially for trucks.…

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Added by Black Book on September 1, 2015 at 1:21pm — No Comments

BLACK BOOK & FITCH RATINGS: DEPRECIATION DRIVEN BY SUPPLY AND VEHICLE SEGMENTS IN 2015

Black Book® and Fitch Ratings, Inc., today released their latest joint vehicle depreciation report, showing that overall vehicle depreciation is expected to reach between 14.0% – 14.5% by the end of 2015, and the main factor driving depreciation rates will be rising used vehicle supply, varying by vehicle segments. Click here to download the full report.



Fitch does not believe marginally rising…

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Added by Black Book on August 26, 2015 at 1:26pm — No Comments

Some Truck Segments Continue to be Resilient

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.

 

According to analysis by Black Book, a handful of segments are showing distinct depreciation patterns over the past 16 weeks. In contrasting patterns, the Full-Size pickups have depreciated just 1.8% while the Entry-Level…

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Added by Black Book on August 26, 2015 at 9:19am — No Comments

Fully-Loaded Vehicles Feeling Heavier Depreciation

Sophisticated vehicle features, technology and add-ons are one of the reasons why transaction prices have increased on new cars and trucks. But Black Book has noticed that these "fully loaded" vehicles are experiencing more depreciation than their "base model" counterparts. One reason for this is that the typical used-car buyer is still shopping for value rather than technology, which means the fully loaded model is often found near the similar price of a base model.



As an…

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Added by Black Book on August 20, 2015 at 2:35pm — No Comments

Market Continues Steady 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 report.

 

According to Black Book editors, trucks have started to see depreciation rates pick up steam over the last few weeks, highlighted so far by their largest weekly drop of 2015 this past week (0.41%). In looking at the…

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Added by Black Book on August 18, 2015 at 9:58am — No Comments

TRUCKS BUCK SUMMER TREND AND SHOW LIGHTER DEPRECIATION ACCORDING TO BLACK BOOK

According to Black Book® data, the average price of a used vehicle for model years 2010-2014 declined -1.3% in July. Domestic cars decreased -2.1%; import cars changed -1.7%; domestic trucks changed -0.6%; and import trucks changed -1.3%. Average pre-recession annual depreciation was continually recorded between -15% and -18%, and Black Book expects 2015 depreciation near -14.5%.



Truck segments held seven of the top spots for strongest retention on the month, led by Full-Size SUVs…

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Added by Black Book on August 12, 2015 at 10:59am — No Comments

Market Values Depreciate at a Steady Pace

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.

 

Based on auction observations and dealer feedback, the Black Book editors noticed a reversal of the typical pattern of depreciation over the last few months, with car segments averaging lighter than normal depreciation and…

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Added by Black Book on August 12, 2015 at 10:59am — No Comments

Smaller Cars Hit Hardest in Depreciation over the Last 3 Months

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. This week’s report also includes highlights and insights from the Specialty Markets. Click here to download the full report.

 

The Black Book editors conducted a thorough analysis of segment depreciation performance over the last three months. It is clear where…

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Added by Black Book on August 7, 2015 at 1:18pm — No Comments

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