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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% ...
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 ...
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 ...
Breck Dumas. May 15, 2024 at 6:00 AM. The used vehicle market is up and running again after getting a jump-start from easing prices that have lured consumers holding out on making a purchase the ...
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 ...
By using data collected from the dealership, Kelley published the company’s first Blue Book in 1926, which became a standard guide in automotive trade in determining car value. [8] [9] [11] Kelley Blue Book was formed in 1926, and the Kelley family continued its dealership business in Southern California for several decades.
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