Industry News

Compact cars was the segment found by Kelley Blue Book to have the least amount of savings when buying used cars compared to the new models. According to the report, which looks at retail pricing, a 2009 model-year compact car or older would have to be purchased to see at least $100 in savings per month.

Tags: Kelley Blue Book, used vehicles, vehicle pricing, compact car, used car prices, midsize car, compact crossover

Price drops for a number of used-vehicle segments are starting to slow as higher demand for vehicles in the wake of hurricane Sandy is starting to kick in, according to Black Book.

Tags: resale value, Black Book, used car market, used car prices, Hurricane Sandy

Post Hurricane 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.

Tags: resale value, Black Book, used vehicle sales, Ricky Beggs, used car prices, Hurricane Sandy

Values on used cars improved overall over the past week, with the average segment change being -$61, the lowest decline in the past 10 weeks, according to Black Book.

Tags: Black Book, used car market, used car prices

Black Book reported that resale values declines in the car segment have become increasingly large since April, though the truck segment, on the other hand, has seen price drops slow.

Tags: used car prices, used car market, Used Truck, Ricky Beggs, Black Book, used vehicles

The two biggest segment drops for the first six months of 2012 are the Near Luxury Car and Full-Size Van Cargo categories, at -5.7% and -6.2% respectively.

Tags: resale value, Black Book, used car market, used car prices

Last month Beggs reported a pattern of decreasing wholesale prices for medium-duty trucks, and this month brings more of the same, especially with late-model medium- and heavy-duty vehicles.

Tags: Black Book, wholesale market, Medium-duty trucks, heavy-duty trucks, Ricky Beggs, used car market, used car prices, prices

Activity in pricing adjustments was ‘pretty substantial,’ reports Ricky Beggs, managing editor of Black Book, adding that with more than 2,300 vehicles adjusted each day throughout the week, the trend is very similar to the previous two weeks.

Tags: Black Book, used vehicle sales, Ricky Beggs, used car market, used car prices, used-truck sales, used tru

Black Book’s Ricky Beggs reports that average values for both cars and trucks increased for the first time this year.

Tags: Black Book, Ricky Beggs, used car market, used car prices

Ricky Beggs, managing editor of Black Book, presents the Oct. 31 edition of "Beggs on the Used Car Market." In his weekly video, he discusses the performance of the various car and truck market segments, and the possible role of changing fuel prices.

Tags: Black Book, Fuel Prices, used vehicle sales, Ricky Beggs, used car market, used car prices

IRVINE, CA- Kelley Blue Book (KBB) forecasts that values of fuel-efficient vehicles will drop by 15 percent by year’s end in response to stabilizing gas prices and Japanese automakers returning production to normal levels.

Tags: Kelley Blue Book, used car prices