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Feb 2018 Car Market Insights

Q1 Auction Sales Performing Well Momentum picking up steam in the early weeks of the spring selling season, with prices rising on Sub-Compact Cars, Compact Cars, and prices unchanged on Mid-Size Cars. The Black Book Retention Index illustrates how recent retention rates on Sub-Compact Cars have made it a good

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Top 10 Cars for 2018

Below is a list of the top 10 cars for 2018 as tested by Consumer Reports. Top 10 Cars for 2018 Best Compact Green Car : 2018 Chevrolet Bolt Best Compact Car: 2018 Toyota Corolla Best Luxury Compact Car: 2018 Audi A4 Best Midsize Sedan: 2018 Toyota Camry Best Large Car:

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Market Insights – Feb 2018

This week’s  Market Insights report shows cars with lower depreciation than trucks. We also spotlight retention trends of three-year-old Mid-Size Cars over the last few years, as well as this month’s Specialty Report. Market Insights – Feb 2018 Read moreWorst Cars 2015 – Cost of OwnershipIt was a good week for

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Detroit Auto Show 2018 Summary

Below are highlights from the 2018 North American Auto show aka Detroit Auto Show Detroit auto show coverage 2018 – Report Few concepts, but they turned heads There were darn few pure concept vehicles at the 2018 Detroit auto show, but the ones that did appear were true conversations starters.

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Compact Crossovers Weak in Holding Value

Compact Crossovers depreciating the most out of cars and trucks last week. The vehicle category dropped -1.18% in value. The report also illustrates how much incentives have been rising lately. Cars continued to depreciate at a steady rate while most SUV segments did better in the second week of the

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Goldfein Claims & Independent Appraisal Guide

Golfein Claims Management is a company that helps lessors recover the loss in value (Diminished Value) sustained by leased vehicles in operation. This, in theory, is a legitimate goal, however, the methods used by Goldfein are often misleading and bordering on unethical. This post is to expose the potential bad

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List of Cars Kept for More than 15 years

After analyzing more than 650,000 vehicle transactions for cars from the 1981-2002 model years sold in 2017, w list was compiled of the top 10 cars vehicle owners are holding on to for more than 15 years. It is no surprise that 8 Toyota vehicles occupy the top 10 spots. Top

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Significant Increase in Weekly Depreciation

This week’s Market Insights report shows both car and truck segments decreasing more in value than usual. Although car segments saw an overall larger depreciation, two truck segments saw larger price declines as a percentage than any of the car segments. The report also spotlights the latest Retention Index, as

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Top 10 states that have most flood-damaged units in operation

In the US drivers may be behind the wheel of more than 325,000 previously flooded vehicles. List of US States with the most flooded vehicles still on the roads. Texas 51,000 Louisiana 29,000 Pennsylvania 20,000 Florida 19,000 Kentucky 16,000 Illinois 16,000 South Carolina 13,000 Virginia 13,000 North Carolina 13,000 Michigan

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Luxury Cars and SUVs Experience Higher Depreciation Rate

Luxury Cars and SUVs Experience Higher Depreciation Rate Market Insights report offers insight into last week’s vehicle retention trends, where a handful of truck segments showed strong retention versus that of cars. What’s more, the report illustrates segment retention strength, with Compact Crossover SUVs showing significant price strength against the

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2018 SUV Truck Vehicle List for the US Market

2018 SUV Truck Vehicle List US Market Below is a list of Trucks and SUVs being offered in the US market for the 2018 model year. Vehicle with highest base price: 2018 Bentley Bentayga – $236,000 Vehicle with the most horsepower: 2018 Lamborghini Urus – 650HP Vehicle fastest 0 to 60: 2018

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Compact SUVs in Strong Demand

Automotive Market Report – Sept 2017 Compact SUVs increased their value noticeably, giving the truck segment an overall boost in retention value last week. The car segment depreciated by a standard amount with only one vehicle category, Mid-Size Cars, increasing in value by 0.13%. Active buying continued last week as

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Polaris Slingshot – Trike, Bike or Autocycle ?

State by State Driver’s License Requirements for the Polaris Slingshot.  Is the Polaris Slingshot considered an autocycle in your state? Do you need a motorcycle license to enjoy a side-by-side driving experience? Read moreWorst Cars 2015 – Cost of OwnershipList of states and classification of the Polaris Slingshot. State Classification

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Car Auction Sale Lights

Standardizes sale lights for Auctions in the US – Adesa. Car Auction Sale Lights   ADESA is standardizing the sale lights and their definition at your auction –as well as all 61 U.S. locations– June 5, 2017. ADESA is transitioning to a green, yellow, red and blue lighting system, which

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Fiat cuts prices on 2017 Vehicles

Fiat will reduce their prices for 2017, with base prices for some models down more than 20 percent from 2016. Fiat 500 2016 trim            base Price                           2017 trim            base price Pop                        $16,995                                 Pop                        $14,995 Read moreWorst Cars 2015 – Cost of OwnershipEasy                       $17,745                                 Lounge                 $18,395 Sport                     $17,900                                 Abarth                  $19,995

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Quarterly Statistical Analysis of the Fixed Ops World

For many people that worked as fixed operations workers at franchised new-vehicle dealerships, 2015 consisted of less pay and shorter hours. The National Automobile Dealers Association created a 2016 dealership workforce study, that offers insight into service department employees’ compensation, job tenure, as well as work schedules. The following data

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Nissan Rising in Ranks of Customer Care

From 2011, Nissan has risen from 19th to 5th place in the Customer Service Index of big-name brands — what makes such a large increase possible? Dealerships can’t always resolve the issues brought to their service departments. However, at Nissan and Infiniti, factory specialists step in and take the wheel.

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Mercedes and BMW Dealers Need More Crossover Vehicles

German brands observe lower car sales volume   As Mercedes and BMW release new midsize cars, they both share a similar problem. During the auto show here last week, Mercedes showed its E-class coupe, while BMW displayed its 5-series sedan. According to executives, both companies want to display more crossovers

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Used Pickup Trucks to Avoid

  Used Pickup Trucks to Avoid Chevrolet GMC Silverado Colorado Avalanche Sierra Canyon Year 2000 Problem Car Problem Car 2001 Problem Car Problem Car 2002 Problem Car Engine Problem Car 2003 Problem Car Engine Problem Car 2004 Problem Car Engine Engine Problem Car Engine 2005 Problem Car Engine Engine Problem

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Auto Market Performance Q1 2017

Auto Market Performance Q1 2017 Best Market Performance in Nine Months Volume-weighted, overall car values decreased by 0.35% last week. This is better than the average depreciation rate of 0.43% seen in the previous four weeks. In car segments, Premium Sporty Car, Prestige Luxury Car, Sporty Car, and Near Luxury

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