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The Japanese company Toyota Motor Corporation is one of the most important global car manufacturers owning several major car models to its credit. Toyota’s journey in India began in the year 1997 with the Qualis and now it sells a long list of cars starting from just Rs 5 lakhs to almost more than Rs 1 crore. Rs 15 to Rs 20 lakhs is an expensive budget range and this range fits in people who are looking out for some extra class and luxury . Let us see what Toyota has to offer to these…Continue
Added by Daina Martin on February 25, 2015 at 2:19am — No Comments
Added by Virgil Stanphill on February 24, 2015 at 1:32pm — No Comments
Hello and welcome to this week’s Used Car Market Report with insights from Black Book and Ricky Beggs. Well, the word is officially out that Ricky Beggs' time at Black Book is limited. The final day will be April 1, 2015, and no, that is not an April Fool’s joke.
Black Book will be producing a new report that will benefit you each and every week. It's called Black Book Market…
Added by Black Book on February 23, 2015 at 7:23am — No Comments
Swapalease.com, the nation's largest online lease marketplace, compared truck inventory and consideration data from 2014 against 2012 and found that there has been a significant increase in the number of shoppers driving truck leases, and those looking for truck leases. Topping the list is the Chevy Silverado, which has seen a 286.4% jump in Swapalease.com inventory, and an 89.6% increase in shopping consideration over the last two years.
Here are numbers on four of today's popular…
Added by John Sternal on February 20, 2015 at 1:55pm — No Comments
If you are considering buying a car, you probably wish to know how you can find the vehicle that really fits your needs today and in the future. It takes some planning and research. The steps below will help you choose, price, find and test-drive the car that’s best for you. This will help you decide whether you choose to purchase a new or used car or lease a new car.
Of course you dream of owning the best car in the market but…Continue
Added by Daina Martin on February 20, 2015 at 2:30am — No Comments
Black Book today announced that Ricky Beggs, Senior Vice President and Editorial Director, will retire from the company effective April 1, 2015. Mr. Beggs has served as the voice of Black Book for the automotive industry since his career began thirty-four years ago in 1981.
“It has been an honor to work alongside Ricky who truly has become an industry legend,” said Tom Cross, President of Black Book. “His legacy of leadership and his dedication to excellence have left an enduring…
Added by Black Book on February 19, 2015 at 5:51am — No Comments
Hello and welcome to this week’s Used Car Market Report with insights from Black Book. Yes, gas prices at the pump are edging up, plus $.02 two weeks ago, and now a significant $.12 this past week. The national average is still a consumer friendly $2.19. Diesel was more stable and indications are this will be the case this year compared to gas. This past week was the first increase in diesel, at…Continue
Added by Black Book on February 16, 2015 at 8:21am — No Comments
In the movie Field of Dreams, a ghostly voice tells Kevin Costner's Ray Kinsella character, "If you build it, he will come."
The first question you'll want answered is, "What is it?" In the movie, the 'it' was a…Continue
Added by JD Rucker on February 10, 2015 at 8:07am — No Comments
Hello and welcome to this week’s edition of The Used Car Market Report with insight from Black Book. As the month of January came to an end the weather for a portion of the country was brutal. Ice, snow, and strong winds closed businesses and reduced local auto sales to a crawl. When the weather improves local auto sales will improve as would-be buyers will have now discovered a greater need to have…Continue
Added by Black Book on February 9, 2015 at 9:10am — No Comments
Vehicle depreciation is expected to accelerate in 2015 as increased used-car supply and larger off-lease volumes place pressure on retention rates, according to the latest joint vehicle depreciation report from Black Book® and Fitch Ratings, Inc. Click here to download the full report.
According to the report, 2014 new vehicle sales finished the year at 16.5 million units, and Black Book…
Added by Black Book on February 3, 2015 at 11:33am — No Comments
Hello and welcome to this week’s Used Car Market Report, with insights from Black Book. It’s great to be back with you, and from home base and the Black Book offices. The show in San Francisco was tremendous for our team and with the enthusiasm of the franchised dealers, we are sure to have even higher new car sales in 2015, which means even more used inventory in both the wholesale and retail…Continue
Added by Black Book on February 2, 2015 at 8:14am — No Comments
CINCINNATI, OHIO (January 28, 2015) – In truth, there may not be 50 different shades, but 80% of the cars and trucks in the Swapalease.com auto lease marketplace are in the gray family (including white and black). Swapalease.com, the nation’s largest car lease marketplace, analyzed colors of its entire online ecosystem and discovered that the grayscale dominates the automotive landscape.
Specifically, the colors black (31.4%), white (19.6%), silver (13.1%), dark grey (9.1%) and grey…
Added by John Sternal on January 28, 2015 at 6:34am — No Comments
Hello and welcome to this week’s edition of the Used Car Market Report from Black Book. As you can tell we are again recording this market video blog via Skype while on the road. Where has the industry taken us this week? We are coming to you from the exhibition hall floor and the Black Book booth at the 98th annual NADA Convention and Exposition in San Francisco. Unfortunately there is…Continue
Added by Black Book on January 26, 2015 at 12:16pm — No Comments
Two of the 5 tips I appreciated most in this video were Preparation and Automation. Both are necessary for todays high volume car sales.
Watch for the "no strings attached" offer for 20 FREE sales videos towards the end. Enjoy!
Added by Virgil Stanphill on January 26, 2015 at 5:00am — No Comments
Swapalease.com, the nation’s largest car lease marketplace, reports lease credit approvals for 2014 ended with a rate of 69.0%, down from the 2013 approval rate of 77.7% approvals. December 2014 specifically ended with a monthly approvals rate of 60.9%, down from the previous December that saw 73.3% approvals in 2013.
“The year ended much the same way it progressed, with turbulence as the approvals theme for the entire 2014 campaign,” said Scot Hall, Executive Vice President of…
Added by John Sternal on January 22, 2015 at 6:45am — No Comments
Added by Automotive Social Media on January 21, 2015 at 3:07pm — No Comments
If you are a person who wants to drive a vehicle every few years, then leasing a car can be your best option. Car leasing lets you drive a vehicle without having to pay a huge amount of money or take out a loan. This can be done by making a small down payment and paying monthly fees for the lease’s term. As the term expires, you are expected to return the vehicle. The following are some tips when leasing a car.…Continue
Added by Daina Martin on January 21, 2015 at 3:30am — No Comments
Swapalease.com, the nation’s largest car lease marketplace, analyzed four of today’s most popular fuel-sippers against four of today’s most popular large trucks/SUVs to see if low gas prices are impacting consumer demand. The company analyzed search and consideration data from 2013 against 2014, when gas prices fell continuously through the end of the year.
The analysis showed that some small cars remained in healthy demand, while others did not. The analysis showed the same for…
Added by John Sternal on January 20, 2015 at 12:14pm — No Comments
Black Book® announced today that it has added Christopher Gluth as Account Manager, National Accounts, to its Activator Division. In his new role, Mr. Gluth will be responsible for expanding Activator’s relationships with national dealership and manufacturer (OEM) customers.
Mr. Gluth draws on more than twenty years of business development and account management experience in the automotive industry. Most recently, he worked at CARFAX for over eight years where he served as Senior…
Added by Black Book on January 19, 2015 at 11:13am — No Comments
Hello and welcome to this week’s Used Car Market Report with insight from Black Book. Our editors have been extremely busy over the past few weeks since the start of the calendar year. The short lull in the auction business during the holidays has dealers and remarketers chomping at the bits to do business. And overall, the greatest interest right now seems to cover the vehicles that each year are very…Continue
Added by Black Book on January 19, 2015 at 8:43am — No Comments