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The Black Book family of vehicle appraisal guides in the United States, providing vehicle pricing data, is published by National Auto Research, a division of Hearst Communications. New and used car dealers, lenders, manufacturers, fleet remarketers, and government agencies have used Black Book since 1955. Black Book provides values for both new ...
Website. www .nada .org. The National Automobile Dealers Association ( NADA) is an American trade organization representing nearly 16,500 franchised new car and truck dealerships, both domestic and foreign. Established in 1917, the organization is based in Tysons Corner, Virginia. As the automotive retail industry's primary trade association ...
New car prices, meanwhile, dropped to $46,992 in the first quarter, the first-time average transaction prices have been below $47,000 in nearly two years. The influx of older used cars is an ...
This has concurrently led to lack of supply and higher prices for new cars, which have remained elevated and are still climbing. Manheim’s new-vehicle sales data shows a jump of 8.7% year over ...
Kelley Blue Book was formed in 1926, and the Kelley family continued its dealership business in Southern California for several decades. By the 1960s, the company moved from a car dealership to a specialty publisher and focused on the production of its automobile price guide.
A used inexpensive car is now becoming more and more of a luxury. What the market wants right now is not available, and that’s $3,000, $4,000 and $5,000 cars.
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