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New car prices fell 0.4% in April and 0.4% over 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% ...
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 ...
The BLS reported in its January CPI report that new vehicle prices rose 0.2% (up 5.8% year-over-year)and used vehicle prices fell 1.9%, (down 11.6% y-o-y). While used prices have fallen for seven ...
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 ...
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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