Beggs on the Market: Market Overview & Wholesale Trends

Ricky Beggs, vice president and managing editor for Black Book USA, a Gainesville, Ga., publisher of electronic and print valuation guides, gives the latest scoop on the used-car market.

Each week, Black Book representatives attend more than 50 auto auctions nationwide, gathering data the company  uses to report values for new and used cars, light trucks, motorcycles, watercraft, commercial trucks, and other vehicles.

Many credit unions use Black Book valuation guides to determine true dealer cost—a key factor in making loan decisions.

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Watch previous editions of Beggs on the Market

• The Joy & Challenges of Clunkers
• 30- and 90-day pricing trends
• Prices, demand continue to grow
• Education is vital
• Record changes and continued strength
• Used car market is 'rejuvenated'
• Clean brings a premium
• Auto market insights
• Used vehicle trends
• Industry happenings
• Cycle, powersport vehicle values rise
• Auto auction update
• Fewer vehicles rise in value
• Strong used car trends
• Dealers 'starving' for quality used cars
• Inconsistent loan approvals
• Used cars selling at a good rate