Balancing the Books: Used vehicle values slowly, steadily returning to normal, Canadian Black Book says
Toronto, Ontario — Canadian Black Book recently released its used vehicle valuations for October, which marked a 1.1 percent drop in the industry’s Used Vehicle Retention Index, down from 160.3 to 158.5 points. Used vehicle valuations in Canada currently sit in line with numbers recorded in December of 2021. The report did show that year-over-year […]
As Good as New: Used vehicles retaining all-time high of 64 percent of value, Canadian Black Book says
Toronto, Ontario — With inventory shortages rampant throughout the auto industry, that old beater car you let your teenager drive is actually becoming quite the hot commodity as Canadian Black Book reports that used vehicles have retained 64 percent their value over the past four years. According to senior vice president and general manager at […]
