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NEW YORK --Consumers often hear a car loses its value once you drive it off the lot, but that may not be the case anymore. The automotive research firm Black Book found cars are now holding on to about 10% more of their value after three years than they were during t...
The article reports on the prediction of Black Book managing editor and vice presidents (VP) Ricky Beggs regarding the idle value of used cars in the U.S. and the decline of sales in commercial repo auction lanes. INSET: Risk Score Introduced For Used Car Portfolios....
It’s powered by industry data-analysis firm Black Book and will give you an idea of your vehicle’s value in three simple steps. You can also contact local dealers or national used-car purveyors at this step to get offers directly, often through online forms. These figures are good to ...
“Recurrent’s adoption of Black Book data will provide EV owners further insight into the real-time value of their vehicles,” said Jared Kalfus, President of Black Book. “This integration is the first of its kind for EV battery valuations, and we are thrilled to have been selected to po...
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However, the wave may have crested in the U.S., with weekly used-car prices in week 24 increasing by just 0.75%, the lowest weekly rise in four months, according to Black Book. (Image: Shutterstock)
Value Free Links Classified Ads Find Value Ask Question Questions Answers Session ID Used Values Start A to Z Blue Book Airplane ATV Auto Boat Bobcat Bus Camper Car Classic Car Collectible Dump Truck Fifth Wheel Home Horse Trailer Jet Ski Lawn Mower Lim...
UT drivers can get fantastic value from a used vehicle. Cars last longer than they used to, so you can generally get well over 100,000 miles from a recent model used car. Since you'll probably have a smaller loan on a car that's depreciating slower than a new vehicle would, you're...