Latest Online Edition  Read Here

THE GOOD FIGHT: Paul John, executive director of the Georgia Independent Automobile Dealers Association, discusses how the association fought against state legislation that would have raised the taxes on used-car purchases.

Black Book Introduces Used Vehicle Retention Index

Black Book Introduces Used Vehicle Retention Index Featured

Black Book has unveiled the Black Book Used Vehicle Retention Index.
The index is designed to offer an unbiased, accurate view of the strength of used wholesale market values.
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 a percent of the original typically equipped MSRP.
The index is weighted based on used vehicle registration volume and adjusted for seasonality, vehicle age, mileage, condition, segment mix and inflation.
Aggregated from daily vehicle value updates, and captured throughout hundreds of wholesale physical and online auto auctions across the country, the Black Book Used Vehicle Retention Index represents data across all regions of the U.S. The index is based on a list of vehicles included in the Black Book wholesale database, and includes no bias toward any brand, auction or region, ensuring a more accurate reporting of the used vehicle market.

Last modified on Tuesday, 21 March 2017 12:36
Rate this item
(0 votes)
Independent Dealer Travels Famous Route For Birthday

Independent Dealer Travels Famous Route For Birthday

Some people celebrate their 60th birthday with a cake and a family party. But independent dealer Guy Strohmeier instead went on a month-long hike from...

Porsche Recalls Cayennes for Fuel Leaks

Porsche Recalls Cayennes for Fuel Leaks

Porsche Cars North America Inc. is recalling 50,145 2003-06 Cayenne S and Cayenne Turbo vehicles, 2004-06 Cayenne vehicles, and 2006 Cayenne S "Titanium" Edition vehicles. These gasoline-powered vehicles have a...

  • CarMax CEO Retires
    CarMax CEO Retires CarMax Inc. announced that Tom Folliard retired as chief executive officer of CarMax, effective Aug. 31. As part of this previously reported management succession plan, CarMax’s Board of Directors elected…
    Written on Friday, 02 September 2016 14:35
  • Autotrader Spotlights Best CPO Deals
    Autotrader Spotlights Best CPO Deals Autotrader announced its Top Picks for Certified Pre-Owned Deals for September. In September, Acura is offering a new car financing rate for used vehicles: 0.9 percent interest for up to…
    Written on Friday, 09 September 2016 19:35
  • EFG Names Judges for Northwood Contest
    EFG Names Judges for Northwood Contest EFG Companies announced the judging panel in the 2016 F&I Innovator of the Year competition. The judges will select a winning F&I product idea from one of six teams currently…
    Written on Wednesday, 02 November 2016 18:39
  • FTC Hosts Disclosure Workshop
    FTC Hosts Disclosure Workshop The Federal Trade Commission has announced the agenda for its Sept. 15 workshop, Putting Disclosures to The Test, which will include 22 presentations covering a wide variety of topics on…
    Written on Tuesday, 23 August 2016 14:09
  • Firm Offers Inventory Solution
    Firm Offers Inventory Solution Drivin now offers DealerSelect, an exclusive program that offers custom vehicle recommendations for dealerships based on customer purchase behavior, dealer demographics and local market demand.The program gives dealers access to…
    Written on Tuesday, 06 September 2016 14:48
  • AG Sues Dealer for Missing Titles
    AG Sues Dealer for Missing Titles The Ohio attorney general announced a lawsuit against a Dayton used-car dealer accused of failing to deliver motor vehicle titles to consumers. The lawsuit seeks reimbursement from Ashley Alexander, doing…
    Written on Wednesday, 21 September 2016 19:11
  • Manheim Expands Image Offerings
    Manheim Expands Image Offerings Manheim has nearly tripled the availability of Enhanced Vehicle Imaging (EVI), expanding from 25 to 74 auction locations throughout North America. EVI provides a consistent set of quality high-resolution images…
    Written on Tuesday, 27 September 2016 14:19
  • Families Find Cars Too Small
    Families Find Cars Too Small A recent survey found that moms and dads shuttling multiple children around in sedans are less satisfied with their cars than those driving larger capacity minivans and SUVs. The CarGurus.com…
    Written on Tuesday, 20 September 2016 15:20
  • Book Details Government’s War on Dealers
    Book Details Government’s War on Dealers CounselorLibrary.com LLC, announced the publication of its latest book, Tom Hudson’s “Carlaw IV: The Federal Government’s War on Car Dealers.” Tracing actions over the last five years by the Consumer…
    Written on Thursday, 09 February 2017 18:04
  • Independent Dealer Travels Famous Route For Birthday
    Independent Dealer Travels Famous Route For Birthday Some people celebrate their 60th birthday with a cake and a family party. But independent dealer Guy Strohmeier instead went on a month-long hike from the French Pyrenees to northwestern…
    Written on Wednesday, 10 August 2016 17:34