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Wednesday, 10 January 2018 00:50

Black Book Offers New Valuations


Black Book has debuted VIN-specific history-adjusted valuations, an analytics-driven process for determining the impact a vehicle’s history has on its value.These valuations analyze multiple factors and events in a vehicle’s history such as number of owners, vehicle usage, accident and accident severity, title issues, flood/hail/fire damage, certified pre-owned history, and other variables that are not obvious when physically inspecting a vehicle.Black Book says that history-adjusted values are 31 percent more precise on average when compared to the auction transaction price than valuations without a history adjustment included.
Published in Dealers
Wednesday, 25 January 2017 23:32

Kelley Names Toyota, Porsche Best for Resale

Kelley Blue Book announced the 2017 model-year brand and category winners of the annual Best Resale Value Awards, recognizing vehicles for their projected retained value through the initial five-year ownership period.Toyota earns top honors for Best Resale Value Brand, a designation it last received in 2014, claiming four 2017 model-year winners.  Porsche captures the Best Resale Value Luxury Brand title for the first time with three model winners.  Other notable automakers among the list of 2017 Best Resale Value Award winners in 22 different categories includes General Motors with seven models taking honors for its Chevrolet and GMC brands, Honda with four model winners, and Subaru, last year’s best brand winner, with four 2017 Best Resale Value Award wins.  Lexus, last year’s best luxury brand award winner, has four models winning this year’s awards and is the only other luxury brand on the list in addition to Porsche.
Published in Dealers