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TORRANCE, CA - Automotive Fleet spoke with Black Book's Ricky Beggs about how gasoline prices affect resale values and how they're affecting prices in specific vehicle segments.
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GAINESVILLE, GA - Black Book released a list of the top 5 vehicle segment resale value drops for 2012 in its car and truck segment categories. The Near Luxury Car and Full Size Van Cargo segments saw the largest drops during the first half of the year.
Read More →All good things eventually come to an end. So, too, will today’s abnormally high used-vehicle prices. Today's resale values are an anomaly caused by a decrease in used-vehicle inventory in the wholesale market, resulting from the extremely low sales of new vehicles from 2009-2011. You need to educate management that today’s resale values will decline. Otherwise, you run the risk of being management’s future scapegoat for declining resale values due to their misperceptions of the market.
Read More →TORRANCE, CA - As both electric vehicle technology and traditional gasoline powertrain technology changes, becoming more efficient every year, predicting the residual values of electric vehicles a few years from now is a challenge.
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As the market adapts to an era of restricted supply, car rental companies hone the process of buying and selling cars to keep fleet costs in line.
Read More →TORRANCE, CA - Automotive Fleet magazine spoke with Black Book's Ricky Beggs about the factors driving the seasonal change in resale values, including which segments are holding strong and which are losing value.
Read More →GAINESVILLE, GA - Black Book reported overall car and truck segments continued to dip last week, with "buyers less willing to pay asking price."
Read More →GAINESVILLE, GA - For the first time since the week ending May 15, total truck segments were down, according to Black Book.
Read More →GAINESVILLE, GA - The last three months have exhibited a consistent trend in increased values for used cars, reported Black Book.
Read More →GAINESVILLE, GA - Black Book reported an overall increase in both the car and truck segment last week, with increases larger than decreases.
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