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Kontos

News

Used Car Prices 'Softening,' ADESA's Kontos Says

February provided "further concrete evidence of softening" of used vehicle prices during a month that usually shows improvement from January, ADESA's Tom Kontos wrote in his monthly Kontos Kommentary.

News

Black Book Creates Vehicle Retention Index

Black Book will begin offering the monthly Used Vehicle Retention Index to measure the strength of used wholesale market values, the company has announced.

Photo of 2017 Mirage courtesy of Mitsubishi.

News

Mitsubishi Mirage Tops Cheapest Cars to Lease List

The Mitsubishi Mirage topped a list of the most affordable cars for retail leasing under a methodology that relies heavily on depreciation as a driver of total leasing costs.

Photo of 2015 Ram ProMaster City compact van courtesy of FCA.

News

Used Vehicles See Lighter Depreciation in February

Two- to six-year old vehicles depreciated 0.8% in February, with trucks and vans showing relative strength, while luxury and sporty cars again fell hardest, especially when compared to year-ago values, according to Black Book.

Chart courtesy of Black Book.

News

Vehicle Depreciation to Reach 17.8% in 2017

The vehicle depreciation rate will reach 17.8% in 2017 on 17 million new-vehicle sales, slightly higher than the 17.3% mark recorded in 2016, according to latest forecast from Black Book and Fitch Ratings. Prior to the Great recession, annual depreciation trended between 16% and 18%.

Courtesy of Subaru.

News

Subaru Earns Best Retained Value for Overall Brand Award in Canada

Subaru Canada, Inc. has won its first-ever Best Retained Value “Overall Brand Award in the Car Category from Canadian Black Book (CBB), according to an announcement from the company.

Courtesy of Edmunds.

News

Used Car Market Bracing for Off-Lease Tidal Wave

A record number of newer model year off-lease vehicles returning to dealer lots this year will be putting significant upward pressure on the late-model used market, according to the February 2017 Edmunds Used Vehicle Market Report.

Photo of 2015 Chevrolet Colorado courtesy of GM.

News

Pickups Show Lowest January Depreciation

Small and large pickups were among the top performing segments in January with a 1.1% depreciation rate among two- to six-year-old vehicles sold in auction lanes, according to Black Book.

Photo of 2017 Chevrolet Bolt EV by Paul Clinton.

News

ALG Sets Bolt EV's Residual Value

The 2017 Chevrolet Bolt EV should retain as much as 39% of its value after three years of retail leasing, which is significantly better than other mainstream competitors, according to ALG.

Auction values for one- to three-year-old vehicles fell a substantial 6.8%, or $1,146 per unit, in the fourth quarter of 2016.

News

Pickup Truck Auction Values Finish 2016 Strong

Analysts at Kelley Blue Book reported that average values for one- to three-year-old pickup trucks have remained strong as a result of high demand at auction, despite fuel prices peaking in December 2016.

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CSA stands for Compliance, Safety, Accountability, and refers to a U.S. Department of Transportation (DOT) program designed to help ensure over-the-road and other heavy truck drivers adhere to various DOT safety requirements and laws.

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