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Activity in pricing adjustments was ‘pretty substantial,’ reports Ricky Beggs, managing editor of Black Book, adding that with more than 2,300 vehicles adjusted each day throughout the week, the trend is very similar to the previous two weeks.
Read More →Wholesale values were off only 1.3% from the record reached in May 2011.
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Average auction prices climb above $10,000 for the first time since June 2011.
Read More →Black Book’s Ricky Beggs reports that average values for both cars and trucks increased for the first time this year.
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The October 2011 'Kontos Kommentary' on current used-vehicle market conditions is presented by Adesa's chief economist Tom Kontos.
Read More →Ricky Beggs, managing editor of Black Book, presents the Oct. 31 edition of "Beggs on the Used Car Market." In his weekly video, he discusses the performance of the various car and truck market segments, and the possible role of changing fuel prices.
Read More →According to Tom Kontos’ July commentary, average wholesale prices are now more than $600 below their April peak.
Read More →In Ricky Begg’s weekly “Beggs on the Used Car Market” column, Beggs points out that for the second week in a row, all 24 vehicle segments have declined. Compact Cars declined the least at only -$14, while Prestige Luxury Cars declined the most at -$87.
Read More →This is the second consecutive week where all 10 car segment types have declined and the fourth straight week of overall car decline, reports Black Book’s Ricky Beggs.
Read More →The average auction price for a rental risk unit declined slightly in June, but remained above the $14,000 mark. While average mileage declined slightly from May to June, mileage and price remain at historically high levels.
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