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New, three-hour “fleet jam session” includes a market overview from Ricky Beggs of Black Book, a blue-ribbon panel on fleet trends and roundtables with access to a team of fleet experts.
New, three-hour “fleet jam session” includes a market overview from Ricky Beggs of Black Book, a blue-ribbon panel on fleet trends and roundtables with access to a team of fleet experts.
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.
Black Book’s Ricky Beggs reports that average values for both cars and trucks increased for the first time this year.
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.
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.
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.
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.
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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