Five used-car segments have resumed price declines after a strong Spring buying season, which is typically strong when shoppers purchase used vehicles with tax rebate money.
Black Book recently announced that Ricky Beggs has been promoted to the position of senior vice president, editorial director. Beggs will continue to oversee all of Black Book’s vehicle valuation data and media contacts.
TORRANCE, CA - After super storm Sandy, the used-car market is about to see changes that will slow down vehicle resale value depreciation and possibly even push up prices in some categories, according to Black Book’s Senior Analyst Ricky Beggs.
Overall used values were very strong in retention for the first half of 2012. Fleet remarketing teams continued to bring in better-than-predicted returns as they remarket out-of-service vehicles.
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.
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.
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