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Newsby StaffMay 7, 2019

Wholesale Values Rise for Seventh Consecutive Week

Gains last week were minimal, remaining essentially flat from the week before, signaling an end to the price gains the market has experienced.

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Newsby StaffMay 6, 2019

Used Values Decline for Fifth Straight Month

Black Book's Used Vehicle Retention Index fell to 113.6 in April, a 0.2% decline from March. Despite the index now falling for five straight months, it is still 1.4% higher than the 112 registered a year ago.

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Newsby Tariq KamalMay 3, 2019

New Vehicle Sales Down 2.3% in April

U.S. new-vehicle dealers sold 1,328,649 cars and light trucks in April, a 2.3% year-over-year decline and a full 3% loss to start the year compared with the first four months of 2018.

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Newsby StaffMay 2, 2019

Black Book Adds GM Build Data to VIN Decode Valuation Data

Build Data comprises "as built" content such as optional equipment specific to a unique 17-digit VIN. This new integration will allow for a higher degree of valuation precision for General Motors vehicles.

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Newsby StaffApril 23, 2019

Wholesale Values Rise for Fifth Consecutive Week

Overall car segment values were up 0.24% last week, compared to 0.29% the week before. Overall truck segment values were up 0.16% last week, compared to 0.19% the week before.

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Newsby StaffApril 15, 2019

Used Fleet Vehicle Values Rise 2.3% in March

The spring / tax season market uptick helped make March a strong month for used vehicle sales, and late-model sedans from fleet leasing consignors continue to outperform their SUV/CUV counterparts, according to Tom Kontos, KAR's chief economist.

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Newsby StaffApril 11, 2019

2019 Depreciation Rate Up Sharply to 15%

Black Book analysts forecast an annual depreciation rate of 15% in 2019 as the supply of used cars and trucks increases, up from a "noticeably strong" 12.4% depreciation rate in 2018.

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Newsby Eric GandarillaApril 10, 2019

Spring Bounce Overrides Slow Tax Season at Auctions

Outside factors such as a record-spanning government shutdown, the polar vortex, and a hit to consumer confidence led to a slow start to used sales in 2019.

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Newsby StaffApril 8, 2019

Wholesale Market's Slow 2019 Start Sped Up in March

The lull that the wholesale market experienced through January and February was upended in March, as the industry saw the traditional spring bounce in values, according to the most recent Manheim Index report.

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Newsby StaffApril 5, 2019

Depreciation Costs Decline, Now 32.9% of TCO

Vehicle depreciation accounted for 32.9% of the total cost of ownership over the past 12 months, which continues a three-year trend of declining depreciation costs, according to a new study from Motus.

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