![]() To get more information about ValuEngine, residual values, or history adjusted valuations, visit or call (800) 554-1026. Black Book data powers the industrys most trusted. “This level of precision will give our customers a significant advantage over their competition,” he went on to say. 39 gets you access to Black Book value information from within the Frazer software (no app access). Gas, cars, houses, food, and Powersports vehicles have all increased in price over the last two years. “Residual forecasts are used in lease portfolio valuations to estimate depreciation expenses or assess reserve levels, forecast gains or losses, benchmark and trend analyses, and most importantly, to help our clients manage credit and residual risk,” Kalfus said. Based on all of its data and the factors that can influence the value of a vehicle or. Get instant used car value and trade-in value online with Edmunds free car value appraisal calculator. The incorporation of history adjusted valuations into the process gives a “never-before-seen level of precision,” according to Jared Kalfus, Black Book’s executive vice president of revenue This is a question that too few buyers ask and can be answered so easily. Luck continued in a news release, saying “1-72-month projections with history adjustments are immediately available in our ValuEngine product and web API.”īlack Book reiterated that its residual values are based on wholesale values and go through an editorial process as well as statistical modeling. Using the industrys best analytics and most knowledgeable editors, it delivers actionable. “We’re excited to introduce History Adjusted Valuations into our residual values,” said Kyle Luck, vice president of product management & software development at Black Book. Black Book is an independent wholesale and retail price guide. To help you avoid financial loss, black book from cap hpi provides more accurate valuations for used vehicles with mileage, technical and spec data analysed. The incorporation of history adjusted valuations into Black Book’s residual values are geared to provide customers with the ability to get VIN-specific at a residual level what the company believes is an industry first. 2019, according to Black Book, but this June 2020 spike is the. Motorhome value hit a similar peak in Dec. The average selling price for motorized units climbed to 51,574 in June, up more than 9.0 from the May mark. 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. Wholesale RV values hit an all time high this past month, according to Black Book’s monthly analysis of the used RV market. In response on Wednesday, Black Book announced that its most precise valuation yet - VIN-specific history adjusted valuations - is now available for residual values in their self-service batch processing platform, ValuEngine as well as their API.īlack Book pointed out that history adjusted valuations already have been available in wholesale, retail, trade-in, current and historical values. Captured throughout hundreds of wholesale physical and online auto auctions across the country. Black Book understands dealerships and finance companies need the most accurate data possible, especially with the pandemic creating so many unprecedented circumstances.
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