Black Book Index Continues to Drop Featured

By Staff Writer April 11, 2019 560

Black Book’s Used Vehicle Retention Index for March declined slightly.

The Index fell to 113.8 from 114.5 in February. The Index is higher than in March 2018, when it read 112.

The Index has dropped each month since November.

SUV’s and luxury vehicles showed the largest declines in March, with minivans, compact to midsize cars and small pickups having modest gains.

The Black Book Used Vehicle Retention Index is calculated using Black Book’s published Wholesale Average value on two- to six-year-old used vehicles, as percent of original typically equipped MSRP. It is weighted based on registration volume and adjusted for seasonality, vehicle age, mileage, and condition.

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Last modified on Thursday, 11 April 2019 13:40