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As the market adapts to an era of restricted supply, car rental companies hone the process of buying and selling cars to keep fleet costs in line.
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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 →Black Book’s Ricky Beggs reports that average values for both cars and trucks increased for the first time this year.
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 →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 →Comparing three-year old entry level cars at this time last year to the three-year old model today that shows an increase in value of 28.99 percent, or almost $1,900.
Read More →Ricky Beggs, managing editor of Black Book, offers insights into last week’s Conference of Automotive Remarketing (CAR), held concurrently to the Car Rental Conference in Las Vegas.
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