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Black Book Sees Decline in Retention Index

Black Book Sees Decline in Retention Index Featured

Black Book announced its latest Used Vehicle Retention Index figures, with the index listed at 113 at the end of March, a 0.8 percent decrease from the previous month’s mark of 113.9.
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. The index offers an accurate, unbiased view of the strength of today’s used wholesale market values.
Two individual segments showed significantly higher drops according to their Index calculations on the month: subcompact cars fell 2.2 percent; and compact crossovers fell 1.6 percent during the month of March.

Last modified on Tuesday, 18 April 2017 00:12