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Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training

The vehicle valuation firm reported today that the average used vehicle for model years 2011-2015 depreciated slightly 0.6%. Cars overall recorded...

https://www.autodealertodaymagazine.com/323068/5-vehicle-segments-retain-or-increase-values-in-march-black-book-reports
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training
Tom Webb to Retire as Cox Automotive's Chief Economist

Tom Webb will retire on June 30, ending a more than four-decade career. Cox Automotive officials said a replacement will be named in the coming weeks.

https://www.autodealertodaymagazine.com/323057/tom-webb-to-retire-as-cox-automotives-chief-economist-1
Categories: Dealer Ops, F&I, Showroom

This week’s Black Book Market Insights report shows the car segment retaining its value better than the truck segment as a whole. However, compact vans saw...

https://www.autodealertodaymagazine.com/323040/black-book-cars-continue-to-outperform-truck-segment
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training
Tom Webb to Retire as Cox Automotive's Chief Economist

Tom Webb will retire on June 30 as Cox Automotive's chief economist, ending a more than four-decade career.

https://www.autodealertodaymagazine.com/323014/tom-webb-to-retire-as-cox-automotives-chief-economist
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training

Small pickups led the way, but cars also showed retention strength during a month in which the average price of a used vehicle for model years 2011-2015...

https://www.autodealertodaymagazine.com/323011/black-book-retention-holds-relatively-strong-in-february
Categories: Dealer Ops, Digital, F&I, Showroom, Training

This Series B funding builds on the $5 million in venture capital ACV Auctions secured in 2016, the $1 million the firm secured in 2015 by winning the...

https://www.autodealertodaymagazine.com/323008/acv-auctions-secures-15-million-in-funding-to-fuel-expansion
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training
Used-Vehicle Market Bracing for Off-Lease Tidal Wave

While low interest rates and consistent values are making it possible for the market to absorb the wave of newer, more expensive off-lease vehicles, demand...

https://www.autodealertodaymagazine.com/322961/used-vehicle-market-bracing-for-off-lease-tidal-wave
Categories: Auto Finance, Dealer Ops, F&I

Manheim's Tom Webb believes the 0.3% year-over-year decrease could have been much worse considering the "sharply rising" supply of used units.

https://www.autodealertodaymagazine.com/322935/manheim-wholesale-prices-slipped-in-january
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training

While the truck segment realized its best week in terms of vehicle depreciation last week, values for used luxury cars tumbled, according to Black Book’s...

https://www.autodealertodaymagazine.com/322920/black-book-weekly-used-luxury-car-prices-tumble
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training

Wholesale used-vehicle prices in December averaged $10,642, which was essentially flat with the prior month but up 3.9% from a year ago, according to ADESA...

https://www.autodealertodaymagazine.com/322872/kontos-december-wholesale-prices-fall-up-3-9-yoy


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