Black Book Index Remains Positive

By Staff Writer June 06, 2018

Black Book’s Used Vehicle Retention Index increased to 112.9 in May from 112 in April.

The Index has now changed 0.6 percent over the last twelve months, from 112.3.

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 Index offers an accurate, representative, and unbiased view of the strength of today’s used vehicle market values.

The Index saw 15 total segments with positive or unchanged results within the Index, with subcompact cars, compact crossover/SUV, full-size cars and sporty cars showing the strongest gains.

The Index has now shown a monthly decline in just three of the last 10 months dating back to August.

Last modified on Wednesday, 06 June 2018 18:08

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