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Kelley Blue Book

New-vehicle sales are expected to be down 3% compared to the same time last year, for a total of 1.3 million retail and fleet vehicles sales during February, which lowers the estimated seasonally adjusted annual rate (SAAR) to 17.1 million compared to February 2016’s 17.6 million SAAR.

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Toyota Earns Best Resale Brand Award

Toyota, Porsche, General Motors and Subaru were some of the big winners in Kelley Blue Book’s 2017 Best Resale Value Awards, annual awards that recognize vehicles expected to best retain their value over the first five years of ownership.

Keys to Understanding Residual Value Performance

Eric Ibara, director of residual value consulting for Kelley Blue Book, will present a seminar at the 2014 Car Rental Show that uses real case studies to provide insights into the factors affecting residual values for popular rental car models.

Car Rental Show Closing Keynote Announced

Tom Webb of Manheim, Ricky Beggs of Black Book and Alec Gutierrez of Kelley Blue Book will discuss the forces affecting fleet costs, residual values, auction trends and more.

Gap Shrinking Between New and Used Prices

After factoring in incentives and lower finance APRs on new cars, purchasing these new vehicles ends up only marginally more than purchasing their one-year-old counterparts, according to Kelley Blue Book.