Black Book's Blog (340)

Values Remained Stable 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 September 18, 2018 at 11:44am — No Comments

BLACK BOOK HISTORY ADJUSTED VALUATIONS NOW INTEGRATED INTO defi SOLUTIONS’ LOAN ORIGINATION PLATFORM

Precise Valuations Reduces Losses, Helps Lenders Expand Portfolio Profit Potential

 

Black Book, a division of Hearst that provides industry-leading used vehicle valuation and residual value forecast solutions, today announced its History Adjusted Valuations (HAV) data and resources will be integrated into an interface with defi SOLUTIONS, a leading innovator in lending industry software.

History-Adjusted Valuations…

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Added by Black Book on September 17, 2018 at 9:20am — No Comments

Values Stable 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 September 11, 2018 at 12:27pm — No Comments

BLACK BOOK USED VEHICLE RETENTION INDEX SHOWS LARGEST SINGLE-MONTH INCREASE SINCE 2011

Great Value in Used Cars from Off-Lease Inventory Drives Monthly Increase That Eclipses Last Year’s Hurricane-Fueled Replacement Activity

 

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 August, with a significant month-over-month increase of +1.4%. The change last month marks the largest single-month increase since…

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Added by Black Book on September 6, 2018 at 2:51pm — No Comments

Mainstream Sedans Doing Better Than SUVs Three Weeks in a Row

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 September 4, 2018 at 11:13am — No Comments

Market Remains Steady

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 August 30, 2018 at 9:44am — No Comments

Full-Size and Small Pickup Trucks in Demand

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 August 21, 2018 at 12:04pm — No Comments

Small Pickups Continuing To See Gains

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 August 14, 2018 at 11:37am — No Comments

Luxury SUVs Seeing Higher Depreciation

Luxury SUVs Depreciated More

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 August 7, 2018 at 11:30am — No Comments

BLACK BOOK USED VEHICLE RETENTION INDEX CONTINUES TO RISE THROUGH JULY

Continued Strength & Demand for Used Vehicles Drives Additional Increases in the Market

 

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 August showing that it increased +0.5% during July registering 113.9 and up from 113.3 in June. The Index has changed +0.7% over the last twelve months (113.0).…

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Added by Black Book on August 6, 2018 at 2:47pm — No Comments

Minivans and Compact Vans See Improved 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…

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Added by Black Book on July 31, 2018 at 12:04pm — No Comments

NEW BLACK BOOK ANALYSIS SHOWS VARYING RETENTION TRENDS OF DISCONTINUED MODELS

Not All Discontinued Vehicles Depreciation Alike

Black Book, a division of Hearst that provides industry-leading used vehicle valuation and residual value forecast solutions, made available today a new analytics-driven report that looks at why certain vehicle models were discontinued over the last several years, and how they’ve retained their values since discontinuation. Click here…

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Added by Black Book on July 30, 2018 at 10:22am — No Comments

Compact Cars Experience A 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 July 24, 2018 at 1:13pm — No Comments

BLACK BOOK JUNE DEPRECIATION REPORT SHOWS HIGHEST BUT STILL BETTER THAN TYPICAL MONTHLY DEPRECIATION SO FAR IN 2018

According to Black Book® data, the average price of a used vehicle for model years 2013-2017 decreased in value -1.2% during June, with cars changing -1.6% and trucks -1.0%. All vehicles are averaging a 12-month change of -13.9%, which is a lower average depreciation than typical pattern of -16% to -18% annually.

Two segments each saw positive changes in their average values during June: Sporty Cars at +0.5%, and Compact Vans at +0.3%. Vehicles in the Sporty Car segment include the…

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Added by Black Book on July 23, 2018 at 4:21pm — No Comments

Light Truck Depreciation Higher Than Cars

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 July 17, 2018 at 10:47am — No Comments

BLACK BOOK BECOMES VALUATION PARTNER FOR MYEV.COM

Provides Vehicle Valuations for New Marketplace Catering to EV Vehicles

Black Book, a division of Hearst that provides industry-leading used vehicle valuation and residual value forecast solutions, announced today the integration of its vehicle valuation data with Motorsport Network’s MYEV.com, the first-to-market car shopping platform dedicated exclusively to the buying and selling of electric vehicles (EVs).

MYEV.com offers intuitive tools…

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Added by Black Book on July 16, 2018 at 3:10pm — No Comments

Originations through March 2018 reported as of May 2018

Auto Loan Originations Observations through March 2018 reported as of May 2018:

  • 5.82 million auto loans, totaling $130.6 billion, have been originated year-to-date. This is a 2.0% decrease in accounts and a 0.1% decline in balances from this time last year.
  • Auto loans represent 87.2% of all auto account originations and 90.3% of auto origination balances YTD.
  • 1.37 million auto loans have been originated YTD to consumers with a VantageScore® 3.0 credit score…
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Added by Black Book on July 12, 2018 at 9:52am — No Comments

BLACK BOOK USED VEHICLE RETENTION INDEX CONTINUES WITH GAINS LONG AFTER SPRING MARKET

Monthly Index Increased +0.3% During June

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 May showing that it increased 0.4% during June registering 113.3 and up…

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Added by Black Book on July 5, 2018 at 2:45pm — No Comments

Stability in Market Outside of a Few Luxury 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…

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Added by Black Book on July 3, 2018 at 11:33am — No Comments

Highest Declines in 16 Weeks

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 June 19, 2018 at 10:14am — No Comments

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