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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 fell 0.4% in April and 0.4% from the prior year. Compared to their peak in February 2022, prices paid for used vehicles are now down 16.8%. Used car prices rose more than 40% ...
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 ...
For instance, during the J.D. Power Auto Summit in early 2024, Banks told the attendees that despite the price drops in the used car market, consumers are still paying 20% more than in 2021 ...
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 guide became the first publication to use mileage to determine a car's value. [citation needed] In 1995, Kelley Blue Book created its company website, which contained tips and pricing information from its hardcopy guide. In December 2010, Kelley Blue Book was purchased by AutoTrader.com.
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