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Newsby StaffJuly 31, 2018

Values of Discontinued Vehicles Can Surge at Auction

As an example of this analysis, Black Book data shows that the Toyota FJ Cruiser, whose last model-year was 2014, has actually gone up in value by 25.7% compared to other vehicles that were listed in its segment.

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Newsby StaffJuly 23, 2018

June Depreciation Reaches 5-Year Low

Economic growth and positive consumer sentiment helped drive June’s depreciation rates to the lowest levels seen in five years, according to Black Book.

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Newsby Paul ClintonJuly 3, 2018

Used Fleet Vehicle Prices Rise Incrementally

Wholesale vehicle prices for former fleet vehicles at auction increased 0.8% in May from April and have increased 6.8% from a year ago in a "seasonally strong" market, according to Tom Kontos, KAR Auction Services' chief economist.

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Newsby StaffJune 20, 2018

Wholesale Prices Down in May, Auction Volume Growing

Wholesale prices for used vehicles up to 8 years old fell 1.7% month-over-month in May, a level that’s typical for this time of year, according to J.D. Power’s June Used Car and Light Truck Guidelines. Auction volume up 12% month-over-month, 2.6% year-over-year.

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Newsby StaffJune 15, 2018

Compact Vans, Crossovers Fare Best at May Auctions

Used compact vans and several categories of crossovers increased in value in wholesale sales, while luxury vehicles made up seven of the 10 lowest performing categories among 2013-2017 vehicles in May, according to Black Book.

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Newsby StaffMay 24, 2018

Fleet Lease Consignor Prices Rise 2.3%

Off-lease vehicles from fleet consignors in the rental, commercial, and government sectors increased 2.3% in April from March and increased 5.8% from a year ago, according to analysis from KAR Auction Services.

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Newsby StaffMay 16, 2018

Used Sales Will Rise, New Sales Will Fall in 2018, Cox Says

Used-vehicle sales will rise and new-vehicle sales will fall in 2018, while total sales will reach 56.2 million, which would represent a second year of declines for the automotive industry, according to a Cox Automotive forecast.

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Newsby StaffMay 12, 2018

Fleet Lease Consignor Prices Up 6.6% in March

Prices for vehicles from fleet lease consignors increased 6.6% in March and are 4.9% higher than a year ago driven in part by a strong spring selling season that boosted the values significantly from February levels, according to KAR Auction Services.

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Newsby StaffMay 12, 2018

Cars Outpace Trucks, Vans in April Depreciation

Used compact and midsize passenger cars held their value better than pickups and cargo vans in April, and overall vehicle depreciation eased due to a strong spring selling season, according to Black Book.

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Newsby StaffMay 5, 2018

Used Vehicles That Retain Most Value After 1 Year Named

The Jeep Wrangler Unlimited retained the highest percentage of its value after the first year of ownership, according to analysis conducted by ISeeCars.com, a consumer shopping portal for used cars.

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