Black Book Index Rises

By Staff Writer March 09, 2018

The Black Book Used Vehicle Retention Index for February rose to 113.3 from 113.1.

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.

The February Index value is reflecting the slight bump from early spring selling season activity this year. Several car segments in particular saw increases during the month.

Last modified on Friday, 09 March 2018 03:52

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