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Black Book Sees Wholesale Prices Slip

Black Book Sees Wholesale Prices Slip Featured

Black Book saw its Used Vehicle Retention Index dip slightly in August.
The Index fell to 112.6 in August from 113 in July.
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 has now declined 3.9 percent year-over-year.
Compact cars, near-luxury cars, and subcompact cars each saw slight gains during August, despite the Index overall seeing a slight drop. It is expected that trucks and pickups and even smaller cars may see gains in the near term as dealers and individuals look to replace damage or destroyed vehicles from Hurricanes Harvey and Irma.

Last modified on Wednesday, 13 September 2017 15:30
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