Have you seen the 2024 Vehicle Depreciation Report with Fitch Ratings yet? Here are the changes that are yet to come this year in the auto market. Download the full report here and navigate the evolving market with confidence: https://bit.ly/3RI8hcM #AutoMarket #NewCarSales #MSRP #autodata #usedcars
Black Book
Motor Vehicle Manufacturing
Lawrenceville, Georgia 12,819 followers
Powering the automotive industry with data
About us
Black Book powers the automotive industry with the most precise data and analytics in the market. We reduce risk, increase profitability, and fuel growth with flexible solutions that drive intelligent decisions. Black Book data is published daily by National Auto Research, a Hearst company, and is available to industry qualified users through subscriptions to our website (www.BlackBook.com), applications for mobile devices, and via a wide variety of regularly published guides. Black Book Data is also available to industry qualified companies for license and sublicense through proprietary web services, APIs, and data feeds.
- Website
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http://www.blackbook.com
External link for Black Book
- Industry
- Motor Vehicle Manufacturing
- Company size
- 51-200 employees
- Headquarters
- Lawrenceville, Georgia
- Type
- Privately Held
Locations
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Primary
Lawrenceville, Georgia 30043, US
Employees at Black Book
Updates
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Wholesale Insights: https://lnkd.in/eHyt3qqz The overall stability of the wholesale market at the beginning of the month is a positive sign as the rate of change is now only marginally higher than pre-COVID seasonal norms. In the auction lanes, the conversion rate remains stable in the high 50-percent range. The auction conversion rate remains high, with last week’s rate at 59%, a decrease of 1% from the previous week. #WholesaleInsights #Data #Analytics #Cars #Automotive #Auto #AutomotiveIndustry #MarketInsights #WholesaleMarket
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View the Weekly Market Insights here: https://lnkd.in/eHyt3qqz #Data #Analytics #Cars #Automotive #Auto #AutomotiveIndustry
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Full Market Insights: https://lnkd.in/eHyt3qqz The second half of 2024 is forecasted to remain stable. Following some volatility earlier this summer, possibly linked to the CDK outage, the market is now stabilizing, with depreciation returning to typical seasonal patterns. Auction attendance remains strong, and conversion rates are consistently solid, hovering in the high 50-percent range. #Data #Analytics #Cars #Automotive #Auto #AutomotiveIndustry
Market Insights - 8/6/2024 - Black Book
https://www.blackbook.com
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➡️ With Black Book, you get 360-degree market views that empower precision valuations, faster implementation, and informed decisions in the palm of your hand. No one else meets our level of current and precision data in less than half the standard lag window for real-time market insights and richer data sets. 👀Look into the data of the future with a 60-day forecast and a 5-year extension on model years. All wrapped up in a user-friendly console with highly sophisticated API delivery. Talk to a Black Book product specialist to fuel your business decisions today. https://bit.ly/3v6ldkq #autodata #Analytics #AutomotiveIndustry #usedvehicles
Black Book Vehicle Values | Current, Historical, and Wholesale Values
https://www.blackbook.com
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Wholesale Insights: https://lnkd.in/ewBe8UrA In the first three weeks of July, there was a significant decline in both the car and truck segments. The Prestige Luxury Car segment saw a decline of -1.28%, while Full-Size Vans experienced the largest drop at -2.59%, followed by another drop of -1.37% the next week. These were some of the largest declines we have seen all year. However, the wholesale market showed signs of stability in the last full week of July. The auction conversion rate remains high, with last week’s rate at 60%, up 2% from the previous week and just 1% below the highest conversion rate recorded this year. This indicates a strong performance in the auction market. #WholesaleInsights #Data #Analytics #Cars #Automotive #Auto #AutomotiveIndustry #MarketInsights #WholesaleMarket
Market Insights - 7/30/2024 - Black Book
https://www.blackbook.com
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View the Weekly Market Insights here: https://lnkd.in/ewBe8UrA #Data #Analytics #Cars #Automotive #Auto #AutomotiveIndustry
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Full Market Insights: https://lnkd.in/ewBe8UrA As July comes to a close, the depreciation rate is stabilizing. After experiencing significant declines over the past couple of weeks, last week’s depreciation rate slowed, aligning more closely with the typical rates for this time of year. #Data #Analytics #Cars #Automotive #Auto #AutomotiveIndustry
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Are collector cars a gamble? They are to most lenders and dealers. But if you had access to all the metrics you need to accurately value domestic and imported models, these historic gems could be highly lucrative. With vehicles dating back to the 1940s all the way up to the present day, you can get a 360° view right at your fingertips. 🚗 All domestic and imported cars 🚗 3 values per vehicle (Excellent, Good, and Fair) 🚗 Lookup by vehicle description or drill down 🚗 Historical valuations available Get all those features and more with our Cars of Particular Interest (CPI) tool and get the most up-to-date valuations on collector cars. https://bit.ly/3y7FdnX #collectorcars #cpi #autodata #blackbook
Cars of Particular Interest (CPI) Values | Black Book Auto
https://www.blackbook.com
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Did you know that roughly 30% of VINs can't be definitively matched to a single trim level? This means inaccurate valuations and wasted time on manual adjustments. Our data science team has harnessed the power of AI and big data to create a groundbreaking process that tackles this challenge head-on. Here's how it works: ➡️ Unmatched Accuracy: We can now match 17-digit VINs to a single trim, including any applicable add-on or deduct features. ➡️ Massive Data Powerhouse: We process millions of records daily from a vast network of data sources, ensuring the most comprehensive coverage. This includes invaluable build data directly from OEMs. ➡️ The Power of Language: We leverage cutting-edge Natural Language Processing (NLP) and machine learning to unlock the full potential of this data, achieving unmatched precision. Learn more and unlock precision VIN decoding: https://lnkd.in/dhKnkUT #Innovation #AI #BigData #VINDecoding #AutoIndustry
Enhanced Vehicle Matching - Black Book Automotive Solutions
https://www.blackbook.com