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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 ...
The National Independent Automobile Dealers Association was founded in 1946, and serves as the representative body for over 38,000 used vehicle dealers in the United States. It is the only national level non-profit organization representing the independent motor vehicle industry. It is headquartered in Arlington, Texas.
With annual sales of over US$ 350 billion, the used vehicle industry represents almost half of the U.S. auto retail market and is the largest retail segment of the economy. In 2016, about 17.6 million used cars and trucks were sold in the United States, and 38.5 million were sold worldwide.
From an eye-watering peak of $31,400 in April of last year, the average price had dropped 14% to $27,125 early this month. Now, with the supply of used vehicles failing to keep up with robust ...
Used car prices tumbled 7.0% in 2023, the second year in a row of falling prices in the sector after a massive pandemic-era run-up. The Manheim Used Vehicle Value Index (MUVVI), which tracks used ...
In fact, December was the sixth consecutive month for used-car price drops, and 2022 ended with used-car prices 8.8 percent lower than they were at the start of the year. That's the largest annual ...
Glass's Guide is the leading British motor trades guide to used car prices, often referred to in the trade as "the bible". Monitoring car values since 1933, it reflects how cars have become increasingly affordable – the £145 list price for a Ford 10 De Luxe (including £5 for an optional sliding roof) was the equivalent of almost two years' salary.
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 ...
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