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2019 Wholesale Values Begin to Stabilize
Hurricanes Boosted Used Vehicle Values 2%

Hurricanes Boosted Used Vehicle Values 2%

The hurricanes that swept through Texas and Florida destroyed and damaged as many as 900,000 vehicles, and the replacement activity that the catastrophic events spurred boosted retention by almost 2%, according Black Book.

December 14, 2017

Late Model Year Vehicle Values Fall in November

Late Model Year Vehicle Values Fall in November

The average price of a used vehicle from model years 2012 to 2016 depreciated in value by 2.2%, in November, according to Black Book. Year-over-year, the average value for these vehicles has depreciated by 13.2%.

December 11, 2017

Resilient Used Vehicles Keeping Depreciation at Bay

Resilient Used Vehicles Keeping Depreciation at Bay

Used vehicles from one to five years old fell 1.4% in value in October in a steady used-vehicle market that showed significant improvement from a year ago with large pickups leading the way, reports Black Book.

November 13, 2017

Hurricane Replacement Still Boosting Used Vehicle Prices

Hurricane Replacement Still Boosting Used Vehicle Prices

The average price of used vehicles model years 2012-2016 fell 0.7% in September, with the lion’s share of that depreciation coming from the car segment, according to Black Book. As of September, all vehicles are averaging a 12-month depreciation of 14.5%.

October 12, 2017

Hurricane Harvey Could Create 1M Salvage Vehicles

Hurricane Harvey Could Create 1M Salvage Vehicles

While market watchers agree that Hurricane Harvey's impact stretches beyond Houston-area automotive business, estimates on exactly how many vehicles will need to be replaced vary between half a million and million vehicles, including as many as 18,500 fleet vehicles.

August 31, 2017

Vehicle Depreciation Shows Pockets of Strength at Midway Point

Vehicle Depreciation Shows Pockets of Strength at Midway Point

The average price of a used vehicle for model years 2012 to 2016 decreased in value 1.3%, slightly more than the 1.2% decrease in May, according to Black Book. The price of cars overall dropped 1.8%, while trucks decreased 0.8% in value in June. All vehicles are averaging a 12-month depreciation of 16.7%.

July 17, 2017

Black Book to Power MyDealerOnline

Black Book will be powering MyDealerOnline, an online vehicle valuation resource that uploads wholesale auction and other wholesale-sourced vehicles to dealer websites, according to the company.

June 12, 2017

Used Vehicle Depreciation Accelerates in May
Black Book's Used Vehicle Valuation Index Falls in May

Black Book's Used Vehicle Valuation Index Falls in May

“It is expected that we will see more declines in the Index in the months ahead as we move deeper into the year, particularly driven by softness among car segments,” said Anil Goyal, senior vice president of Automotive Valuation and Analytics for Black Book.

June 5, 2017

Smaller Cars Bolster April Depreciation

Smaller Cars Bolster April Depreciation

Used vehicles increased 0.4% in value in April, as buyers boosted the value of smaller cars, which have begun to shrug off several years of heavier declines, according to Black Book.

May 15, 2017

Small Car Depreciation Improves in April

Small Car Depreciation Improves in April

Used vehicle values increased slightly in April as tracked by Black Book's Used Vehicle Retention Index that measures values of 2- to 6-year old vehicles, according to the company.

May 3, 2017

Used Vans, Cars Bolster March Depreciation

Used Vans, Cars Bolster March Depreciation

Used cars outperformed trucks in March, as full-size pickups, compact vans, compact cars, and sporty cars increased in value, while as overall used vehicles depreciated 0.6%, according to Black Book.

April 7, 2017

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.

March 13, 2017

Used Vehicles See Lighter Depreciation in February

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.

March 8, 2017

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