April 24, 2018 - Industry News
Ford or Lincoln vehicles have captured the most awards by a single manufacturer among the 39 vehicles named to Vincentric's Best Fleet Value in America list for the 2018 model year.
Tags: Vincentric, Ford, 2018-MY, TCO, Nissan, Toyota, Best Fleet Value, Operating Costs
February 9, 2018 - Industry News
Five General Motors vehicles from the 2018 model year have the lowest cost to own in their categories over a five-year period, while four Toyota or Lexus vehicles also made an annual list from Kelley Blue Book.
Tags: Operating Costs, Kelley Blue Book, TCO
November 14, 2017 - Industry News
Vehicles over 100,000 aren’t depreciating at the same as they used to due mostly to a tight supply of late-model used vehicles, according to Edmunds’ Q3 Used Vehicle Market Report.
Tags: Depreciation, Edmunds, Used Vehicle Values
November 8, 2017 - Industry News
Wholesale used vehicle prices rose for the sixth month in a row in October, increasing by 1.02%, according to Manheim’s October Used Vehicle Value Index. This brought the index to 136.3, an 8.1% rise from a year ago.
Tags: Depreciation, Remarketing, Manheim, Used Vehicle Values, Trends
October 12, 2017 - Industry News
The average price of used vehicles model years 2012-2016 fell 0.7% in September, with the lion’s share of that depreciation coming from the car segment, according to Black Book. As of September, all vehicles are averaging a 12-month depreciation of 14.5%.
Tags: Depreciation, Remarketing, Black Book, Used Vehicle Values
September 5, 2017 - Industry News
Depreciation among wholesale medium-duty trucks continued to rise through July and August, according to Black Book’s September Specialty Markets report.
Tags: Remarketing, Black Book, Medium-Duty Trucks, Used Vehicle Values
August 17, 2017 - Industry News
Manheim has updated its vehicle valuation tool, the Manheim Market Report (MMR), to provide more detailed valuations of used vehicles to increase transparency and improve the remarketing process, the company announced.
Tags: Remarketing, Manheim, Used Vehicles, Used Vehicle Values
August 15, 2017 - Industry News
J.D. Powers analysts found prices for used trucks remain high as volume levels dropped, while retail prices continue to hold steady as well.
Tags: J.D. Power, Class 8, Used Vehicle Sales, Used Vehicle Values
July 17, 2017 - Industry News
The average price of a used vehicle for model years 2012 to 2016 decreased in value 1.3%, slightly more than the 1.2% decrease in May, according to Black Book. The price of cars overall dropped 1.8%, while trucks decreased 0.8% in value in June. All vehicles are averaging a 12-month depreciation of 16.7%.
Tags: Black Book, Toyota Tacoma, GMC Canyon, Chevrolet Colorado
Over the past three months, two segments have shown unchanged value or an increase in overall value: Full-Size Pickups are unchanged, and Small Pickups have gained +0.2% in value.
Tags: Depreciation, Pickup Trucks, Light-Duty Trucks, Truck Resale, Black Book
July 10, 2017 - Industry News
The Manheim Used Vehicle Value Index hit a record high for the second consecutive month, as wholesale used-vehicle prices rose 1.1% month over month in June. The increase brought the Index to 129.3, a 2.5% increase from a year ago.
Tags: Manheim, Used Vehicles, Used Vehicle Values, Used Vehicle Sales, Cox Automotive
June 30, 2017 - Industry News
New-vehicle sales through the first six months of 2017 are expected to be down 2.3%, and high quality off-lease vehicles may be part of the reason why, according to Kelley Blue Book.
Tags: Remarketing, Kelley Blue Book, Used Vehicles, New Vehicle Sales
June 9, 2017 - Industry News
Used vehicle prices experienced a reversal in May, falling 1.2% from the previous month, according to Black Book.
Tags: Depreciation, Remarketing, Black Book, Used Vehicle Sales
June 5, 2017 - Industry News
“It is expected that we will see more declines in the Index in the months ahead as we move deeper into the year, particularly driven by softness among car segments,” said Anil Goyal, senior vice president of Automotive Valuation and Analytics for Black Book.
Tags: Black Book, Used Truck Sales, Used Vehicle Values, Used Vehicles
May 31, 2017 - Industry News
This week’s Black Book Market Insights report looks at the truck segments that are picking up less weekly depreciation compared with cars, signaling that summer is fast approaching.
Tags: Resale Value, Pickup Trucks, Black Book, Full-Size Trucks, Truck Values
May 15, 2017 - Industry News
Used vehicles increased 0.4% in value in April, as buyers boosted the value of smaller cars, which have begun to shrug off several years of heavier declines, according to Black Book.
Tags: Black Book, Depreciation, Used Vehicle Sales, Compact Cars
May 3, 2017 - Industry News
Used vehicle values increased slightly in April as tracked by Black Book's Used Vehicle Retention Index that measures values of 2- to 6-year old vehicles, according to the company.
Tags: Remarketing, Black Book, Compact SUVs, Subcompact Cars, Compact Cars
April 25, 2017 - Industry News
Ford and Nissan vehicles appeared most prominently among the vehicles chosen as having the best fleet value by Vincentric for the 2017 model year, the firm that analyzes total cost of ownership announced.
Tags: Vincentric, Nissan, Ford, Awards, TCO, Operating Costs, Best Fleet Value
April 7, 2017 - Industry News
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.
Tags: Remarketing, Black Book, Compact Vans, Large Pickups
March 8, 2017 - Industry News
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.
Tags: Depreciation, Black Book
February 27, 2017 - Industry News
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%.
Tags: Remarketing, Black Book, Used Vehicles, Fitch Ratings
February 16, 2017 - Industry News
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.
Tags: Remarketing, Used Vehicle Sales, Leasing, Edmunds
February 10, 2017 - Industry News
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.
February 8, 2017 - Industry News
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.
Tags: Depreciation, Remarketing, Black Book, Medium-Duty Trucks, Used Trucks
February 1, 2017 - Industry News
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.
Tags: Kelley Blue Book, Pickup Trucks, Midsize Pickups, Auctions, Large Pickups
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