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The Used Car Market with Ricky Beggs

Used Market Cooling Down Slightly

Posted on May 14th, 2012 by Ricky Beggs

Welcome to this week’s edition of Beggs on the Used Car Market. I’m Ricky Beggs Managing Editor at Black Book. Thank you for tuning in to hear the latest market update that will hopefully add insight to your buying and selling of used inventory. It has been an interesting week of auction activity and trending [...]

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Panic buying….was gone.

Posted on May 7th, 2012 by Ricky Beggs

Hello and welcome to this week’s edition of Beggs on the Used Car Market. I’m Ricky Beggs, Managing Editor at Black Book. With gas prices settling down even lower this past week, wouldn’t you expect the car values to be a little weaker and the trucks to get a little stronger? This past week saw [...]

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Spring and early summer days bring stronger market trends

Posted on May 7th, 2012 by Ricky Beggs

Hello and welcome to this month’s edition of Beggs on the Specialty Markets. I’m Ricky Beggs, Managing Editor at Black Book. Thank you for your use of the Black Book specialty market products, whether it is a printed CPI, motorcycle or heavy duty truck market guide, or the just released mobile app on the RV [...]

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Number of positive changes falls below 50%

Posted on April 30th, 2012 by Ricky Beggs

Hello and welcome to this week’s edition of Beggs on the Used Car Market. I’m Ricky Beggs, Managing Editor at Black Book. It’s been another busy week for our Editorial team as we have watched on-line, or physically attended, almost 40 auction sales this week, which goes along with the 62 auctions attended by our [...]

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Solid but not as aggressive

Posted on April 23rd, 2012 by Ricky Beggs

Hello and welcome to this week’s edition of Beggs on the Used Car Market. Thank you for tuning in to the latest market update from Black Book. Each week we present some insight into the market and the changes from the previous week of auction and other wholesale activity. Join us as we look at [...]

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Cars and Trucks Both Decline for the Week

Posted on April 16th, 2012 by Ricky Beggs

Hello and welcome to this week’s edition of Beggs on the Used Car Market. Spring break has come and gone in most parts of the country, and instead of an increase in activity at the auctions, things seemed to have slowed down just a bit. The demand from multiple buyers pushing for an extra bid [...]

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Less Aggressive While Still Positive

Posted on April 9th, 2012 by Ricky Beggs

Hello and welcome to the latest edition of Beggs on the Used Car Market. I hope everyone had a successful week and an even better weekend with family and friends.   As I led off a webinar this past week with a great business partner from the financial industry by saying “spring has sprung”, I [...]

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Four cylinders called a “Hot Item”

Posted on April 2nd, 2012 by Ricky Beggs

Welcome to this week’s edition of Beggs on the Used Car Market. Thanks for tuning in today for our recap of the used market activity over the past week. As the survey reports and summaries arrived at the Editorial offices, there was a consistent pattern of comments regarding one segment of the market. Four cylinder [...]

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The busiest season for the specialty markets!

Posted on April 2nd, 2012 by Ricky Beggs

Hello and welcome to this month’s edition of Beggs on the Specialty Markets. I recently had a customer while visiting our office ask me what was my favorite market to work with. What a tough question as they are all exciting, interesting, and fresh every day. For years all my time was spent on the [...]

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The spring pollen is making the cars look like gold!

Posted on March 26th, 2012 by Ricky Beggs

Hello and welcome to this week’s edition of Beggs on the Used Car Market. It’s been another positive week for all of us at Black Book. As we attended the auctions, we found strong attendance to reflect the excellent conversion rates. For the full week, the bidding and buying supported increasing values for both car [...]

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CAR attendees’ comments confirm market movement

Posted on March 20th, 2012 by Ricky Beggs

Good morning and welcome to this week’s edition of Beggs on the Used Car Market. Wow, what a week! The Black Book survey personnel attended over 60 auctions and all of the Editors attended at least one physical auction while also viewing several on line throughout the week. They also attended the Atlanta International Auto [...]

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Record Number of Increases

Posted on March 12th, 2012 by Ricky Beggs

Hello and welcome to the March 12, 2012 edition of Beggs on the Used Car Market. The results of our market studies this past week showed a major turn into a more positive market. The number of vehicles adjusted on a daily basis was reasonably in line with most other recent weeks, this week averaging [...]

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