Black Book Forecasts Strong Year for Prices and for Auctions

Ricky Beggs Editorial Director Black Book Black Book predicts that 2014 will see a depre­ci­a­tion level of 13.5% — more than 12.8% in 2013 and 12.4% in 2012, but much more stable than what happened to the pre-recession market. The market is expected to reach 16 million in new vehicles sales this year, but the […]

 

Manheim Reports Slight Decline in Q4 Wholesale Used Vehicle Prices

Despite Dip, Prices Remained At Historically High Levels As Consumer Demand for Used Vehicles Remained Strong ATLANTA – January 7, 2014 – Manheim today reported that used vehicle prices in the U.S. declined slightly in the last quarter of 2013 but remained at historically high levels as consumer demand stayed strong. Wholesale used vehicle pricing finished 2013 […]

 

Happy New Year: Ricky Beggs on Trends to Watch in 2014

by Jon LeSage, editor, Used Car Market Reports It’s a new year and Used Car Market Reports is pleased to come back as a weekly newsletter. During the past year, remarketers continued to experience changes in technology (such as more mobile apps) while also rediscovering that fundamentals are still in place and have to be […]

 

Wholesale Used Vehicle Price Trends – November 2013

  • Strong retail demand continued to buoy wholesale used vehicle prices in November
  • Wholesale used vehicle prices in November averaged $9,750, – up 1.7% compared to October, and up 2.1% relative to November 2012, according to ADESA Analytical Services
  • Minivan prices were particularly strong, reflecting influx of well-equipped, good-condition, late-model units from rental and commercial defleeting
 

Letter from the Editor – Happy 2014!

We believe that 2014 is going to be an exciting year in Fleet, filled with many opportunities for us all to enhance our careers and add even more value to our organizations. We summarize 2014’s Top Fleet Conferences in Seminars & Conferences. The gold standard in fleet education, NAFA shows up several times on our […]