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Introducing the new Black Book Market Insights, a weekly report capturing the latest vehicle valuation trends straight from the auction lanes and reported as it happens by Black Book’s team of editors. The data, trends and insights delivered weekly in this report will help you make the right decisions to identify growth opportunities and maximize profit potential. This week is the second issue, covering the latest trends and data impacting the automotive industry here in late…Continue
Added by Black Book on March 26, 2015 at 7:25am — No Comments
Shoppers Want More Creative Thinking in Leasing; Not Interested in Autonomous Driving
CINCINNATI, OHIO (March 24, 2015) – Swapalease.com, the nation’s largest car lease marketplace, released its latest report addressing the future of automotive trends as told by car shoppers and consumers. Swapalease.com surveyed more than 2,500 drivers and car shoppers across the U.S. to find out how they’d like to shop for cars in the future, among other car-related findings. Among the findings,…
Added by John Sternal on March 24, 2015 at 12:58pm — No Comments
Auto dealers can realize significant benefits from computer-based processing (vs. a terminal), because the typical dealership has a least 3 departments they're getting transaction data from each day - the big 3 are sales, service and parts. Often, there are even more departments, e.g., body shop, rental, finance and/or miscellaneous (some dealers even have refreshment areas complete with coffee bars, etc. ... which of course means even more credit…Continue
Added by Virgil Stanphill on March 23, 2015 at 12:02pm — No Comments
First, a mini-rant. It will make sense why I'm starting with a rant before getting to the meat of the issue.
I was on the phone with a social client and their prospective search marketing provider the other day when I was blindsided by ignorance. It wasn't what I expected from a company…Continue
Added by JD Rucker on March 23, 2015 at 6:09am — No Comments
The Great Himalayas offer terrains for adventure trips like no other. ATV riders flock places like Himachal Pradesh, Kashmir, Uttarakhand, etc. in huge numbers to experience the thrill of off-roading. And because the terrains differ from one another in form, seasoned ATV riders prepare their mighty machines before taking these on the road.…Continue
Added by Rajat Tyagi on March 23, 2015 at 12:30am — No Comments
Introducing the new Black Book Market Insights, a weekly report capturing the latest vehicle valuation trends straight from the auction lanes and reported as it happens by Black Book’s team of editors. The data, trends and insights delivered weekly in this report will help you make the right decisions to identify growth opportunities and maximize profit potential. This week is the inaugural issue, covering the latest trends and data impacting the automotive industry here…Continue
Added by Black Book on March 19, 2015 at 7:30pm — No Comments
Added by Automotive Social Media on March 16, 2015 at 2:47pm — No Comments
Hello and welcome to the final edition of Beggs on the Used Car Market. Yes, I did say the final edition of this weekly video blog series. But before we reminisce a little, let’s take a look at some recent trends in the used market.
This past month brought pretty solid overall values as the depreciation was at -1.2%, the same level as January results. But there are differences. The industry is right…
Added by Black Book on March 9, 2015 at 12:10pm — No Comments
Hello and welcome to this week’s Used Car Market Report. In addition to the normal auction attendance and data acquisition, a couple of the editors and I had the opportunity to get a hands on presentation to a couple of key refreshed vehicles this past week. There are some things about this week that stand out. One was when we left home on Tuesday morning there were big, beautiful snowflakes falling and…Continue
Added by Black Book on March 2, 2015 at 8:58am — No Comments
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