July 3, 2018 - Industry News
Wholesale values continued to see little change last week, although demand for sporty cars appears to be dwindling as the average value of that segment has begun to drop.
Tags: Black Book, used-vehicle values, vehicle depreciation, wholesale values
May 16, 2018 - Industry News
With the spring selling season now in the rearview mirror, the car segment broke its two-month streak last week of rising wholesale values. Only full-size and sporty cars realized higher wholesale values through the week.
Tags: Black Book, car segment, depreciation, wholesale values
November 9, 2017 - Industry News
Post-hurricane demand pushed up the firm's index 1.02% from the month prior and 8.1% from a year ago to 136.6
Tags: Manheim Index, used-vehicle values, wholesale values
September 26, 2017 - Industry News
Wholesale prices of used vehicles up to eight years in age fell by 1.2% in August. Over the past five years, however, losses for the period averaged a more significant 2.2%.
Tags: JD Power, NADA Used Car Guide, used-vehicle sales, used-vehicle values, Wholesale Pricing, wholesale values
July 19, 2017 - Industry News
The 2.2% decline in wholesale prices of vehicles up to eight years in age was right in line with average losses recorded for the month over the past five years, J.D. Power Valuation Services reported this week. However, the firm’s Seasonally Adjusted Used Vehicle Price Index was significantly lower than a year ago.
Tags: J.D. Power Valuation Services, used-vehicle prices, Wholesale Pricing, wholesale values
July 18, 2017 - Industry News
The partnership integrates open sale inventory listed on manufacturers’ digital sales platforms powered by RMS Automotive into vAuto’s Stockwave tool, providing dealers with access to pre-auction inventory while helping manufacturers increase exposure of their inventory.
Tags: Auto Auctions, pre-auction, RMS Automotive, used-vehicle values, vAuto, wholesale values
July 10, 2017 - Industry News
It was the second consecutive month that Manheim Used Vehicle Value Index reached a record high. Officials said strong retail demand for recent model-year used vehicles is encouraging dealers to buy more vehicles at auction, and the increased demand is more than offsetting the high supply.
Tags: Cox Automotive, Manheim, Manheim Index, new-vehicle sales, used-vehicle values, wholesale values
May 22, 2017 - Industry News
Average wholesale used-vehicle prices reached $11,141 in April, a 2.2% increase from March and a 2.5% increase from a year ago, Tom Kontos reported. The only three segments registering declines were compact, mid-size, and luxury cars.
Tags: Tom Kontos, used-vehicle sales, wholesale values
March 28, 2017 - Industry News
Both cars and trucks realized a healthy seasonal boost in wholesale performance last week, with both segments retaining their values better than they have in the past six months.
Tags: Black Book, Used-Car Sales, used-vehicle prices, wholesale values
March 22, 2017 - Industry News
This week’s Black Book Market Insights report shows the car segment retaining its value better than the truck segment as a whole. However, compact vans saw their values strengthen by 1.17%, outperforming all other vehicle segments.
March 15, 2017 - Industry News
Luxury vehicles continued to struggle last week, leading all segments in terms of depreciation. The other big story was the performance of cars, which continued to retain their values better than trucks.
Tags: Black Book, vehicle depreciation, wholesale values
February 28, 2017 - Industry News
Wholesale used-vehicle prices in January averaged $10,945, a 6.7% increase from a year ago and a 2.8% rise from the prior month, according to ADESA Analytical Services.
Tags: ADESA, certified pre-owned vehicles, Tom Kontos, used-vehicle sales, wholesale values
After four weeks of living below 0.37%, the depreciation rate for the truck segment reached its highest level in February — and its second-highest this year — last week, according to Black Book’s Feb. 27 Market Insights report.
February 1, 2017 - Industry News
While the truck segment realized its best week in terms of vehicle depreciation last week, values for used luxury cars tumbled, according to Black Book’s Jan. 31 Market Insights Report.
Tags: Black Book, used-vehicle values, wholesale values
December 6, 2016 - Industry News
The pendulum finally swung last week, with trucks showing higher depreciation than cars for the first time this year, according to Black Book.
Tags: Black Book, used-vehicle values, Value Retention, vehicle depreciation, wholesale values
November 1, 2016 - Industry News
A steep decline in Crossover/SUV wholesale values, which have been strong all year, may point to more than seasonality as the reason for the accelerated depreciation of two-year-old vehicles, Black Book said this week.
Tags: Black Book, Finance, used-vehicle values, vehicle depreciation, wholesale values
October 18, 2016 - Industry News
Whether a seasonal trend or a sign of things to come, Black Book recorded the largest year-to-date weekly decline in car values last week. Trucks also recorded a sizable drop in values.
Tags: auto finance, Black Book, used vehicles, wholesale values
October 13, 2016 - Industry News
Particularly hard hit in September were mid-size cars, while the luxury car segment experienced a nice bounce in its average wholesale price, according to ADESA Chief Economist Tom Kontos. Mini-vans also experienced solid price growth during the month.
Tags: certified pre-owned vehicles, used-vehicle values, wholesale values
September 28, 2016 - Industry News
The car segment retained its value well last week, with the wholesale value of 2008-2014 model-year cars decreasing by 0.68% last week. This was in line with the 0.67% decline the segment has experienced over the last six weeks, according to Black Book’s Market Insights report.
Tags: Black Book, depreciation, Wholesale, wholesale values
August 25, 2016 - Industry News
The wholesale value of 2008-2014 model-year cars continued to fall last week, according to Black Book’s Market Insights report. While many of the familiar trends — trucks performing better than cars — were present, there were some outliers.
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