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Used Vehicles

Used Vehicle Values Keep Climbing Higher, Manheim Says

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.

Black Book's Used Vehicle Valuation Index Falls in May

“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.

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%.

September Depreciation Flat, Truck Segments Show Strength

Used vehicles sold at auction declined 1.5% in value in September — a depreciation pace relatively unchanged from August — in a month that saw relative strength in some truck segments and compact cars continue their slide, according to Black Book.

April Used Vehicle Prices Up 3.7% From Year Ago

Wholesale prices remained at high levels in April, reflecting scarcity in supply and abundance of demand, according to the latest Kontos Kommentary from ADESA Chief Economist Tom Kontos.

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