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Photo of 2014 Chevrolet Express courtesy of GM.

News

Used Vans, Cars Bolster March Depreciation

Used cars outperformed trucks in March, as full-size pickups, compact vans, compact cars, and sporty cars increased in value, while as overall used vehicles depreciated 0.6%, according to Black Book.

Photo of 2015 Ram ProMaster City compact van courtesy of FCA.

News

Used Vehicles See Lighter Depreciation in February

Two- to six-year old vehicles depreciated 0.8% in February, with trucks and vans showing relative strength, while luxury and sporty cars again fell hardest, especially when compared to year-ago values, according to Black Book.

Chart courtesy of Black Book.

News

Vehicle Depreciation to Reach 17.8% in 2017

The vehicle depreciation rate will reach 17.8% in 2017 on 17 million new-vehicle sales, slightly higher than the 17.3% mark recorded in 2016, according to latest forecast from Black Book and Fitch Ratings. Prior to the Great recession, annual depreciation trended between 16% and 18%.

Courtesy of Edmunds.

News

Used Car Market Bracing for Off-Lease Tidal Wave

A record number of newer model year off-lease vehicles returning to dealer lots this year will be putting significant upward pressure on the late-model used market, according to the February 2017 Edmunds Used Vehicle Market Report.

Photo of 2015 Chevrolet Colorado courtesy of GM.

News

Pickups Show Lowest January Depreciation

Small and large pickups were among the top performing segments in January with a 1.1% depreciation rate among two- to six-year-old vehicles sold in auction lanes, according to Black Book.

Photo via Wikimedia Commons.

News

Used Medium-Duty Truck Values Declining

After the first month of the year, depreciation rates for medium-duty trucks are up and overall orders for the segment are down, according to Black Book’s Feb. 7 Market Insights Report.

Auction values for one- to three-year-old vehicles fell a substantial 6.8%, or $1,146 per unit, in the fourth quarter of 2016.

News

Pickup Truck Auction Values Finish 2016 Strong

Analysts at Kelley Blue Book reported that average values for one- to three-year-old pickup trucks have remained strong as a result of high demand at auction, despite fuel prices peaking in December 2016.

Photo of Tacoma courtesy of Toyota.

News

Toyota Earns Best Resale Brand Award

Toyota, Porsche, General Motors and Subaru were some of the big winners in Kelley Blue Book’s 2017 Best Resale Value Awards, annual awards that recognize vehicles expected to best retain their value over the first five years of ownership.

Photo courtesy of iStockPhoto.com/Erdre

Articles

Recouping a Better Return When Selling Fleet Vehicles

By implementing one or two new strategies — such as timing sales based on mileage or seasonality, expanding sales channels, or considering purchasing options — small fleet operators can return more money to their fleet’s bottom line.

Photo via Wikipedia.

News

Used Vehicle Values Stabilize in December

Depreciation trends stabilized to close out 2016, with depreciation rates for all cars and trucks falling into seasonal patterns.

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In the United States and Canada, the name given to systems for controlling maintenance and providing driver support in situations where maintenance and repairs may be required.

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