Ricky Beggs
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Ricky Beggs posted a blog post

Black Book 2013 new sales predictions

What a year for 2012 apparently with only Marci having the market intelligence to see the tremendous growth. We see less growth opportunity for 2013 at just under half the growth finishing at 15,298,765.Ricky See More
Jan 9
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Ricky Beggs commented on Marcie Belles's blog post Take the AutoFinanceNews.net 2013 Car-Sales Crystal Ball Challenge
"What a year for 2012! Apparently only Marci had the marekt intelligence to push the growth we realized in 2012. At Black Book we look for growth in 2013 but at about half the increase 2012 brought over 2011. We feel 15,298,765.Ricky Beggs"
Jan 8
Ricky Beggs commented on Mike Gibb's blog post The Incentive Dis-Incentive
"Very good thoughts. I think we will always have some sort of enticement. When it gets to the $1000 mark I think we can then say that incentives are not driving the sales. David's point is right on as well in trying to get to a great marketable…"
May 6, 2011
Ricky Beggs commented on Marcie Belles's blog post Used-Car Value Predictions
"The level of trade-ins coming from the new car sales increased levels by 2013 will change the supply level in the market place thus changing from a very limited supply of today that is holding used values strong to a more ample supply in 2013 making…"
Mar 18, 2011
Ricky Beggs commented on Marcie Belles's blog post Used-Car Value Predictions
"I see a good solid used market remaining through 2012 with the retention values starting a not so robust level in 2013. The why behind this thought is based on used car volumes returning to the market via the increase in lease contracts that…"
Mar 17, 2011
Ricky Beggs posted a blog post

2011 New car sales predeiction

Congrats to Chad for 2010 prediction winner. I think we will have a good year for 2011 with my prediction of 12,626,789 new car sales. I still think there is some hesitancy from the consumer side to make the larger $ new car purchase over used.
Jan 16, 2011
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Ricky Beggs commented on Marcie Belles's blog post Take the AutoFinanceNews.net 2011 Car-Sales Crystal Ball Challenge
"Marci, I think we will have a pretty good year even though consumer confidence is not busting at the seems. The real hold back is the consumer can get by with a solid value priced used car and is not ready to spend the higher do9llars for new.…"
Jan 14, 2011
Ricky Beggs commented on Marcie Belles's blog post Loosey-Goosey Leasing
"The Black Book Editors, experienced in the new and used car market have great tools, a solid and long term data base and a true feel for vehicles in order to project realistic, solid residuals for leasing purposes. These are not projected in order…"
Mar 26, 2010
Ricky Beggs commented on Marcie Belles's blog post Take the AutoFinanceNews.net Car-Sales Crystal Ball Challenge
"I prefer to report the market as it happens. I will go with 11,498,654. Consumer confidence needs a real boost for the total sales to go any higher and unemployment has to go down, soon. The used market should continue to be very good with prices…"
Jan 6, 2010
Ricky Beggs replied to Marcie Belles's discussion Trading Down in the group Auto Lending Solutions - Collections Forum
"Marci, Good question. The most likely holdup to this is that many borrowers are still upside down on the existing loan so getting out creates other problems. Ricky Beggs"
Nov 30, 2009
Ricky Beggs joined Marcie Belles's group
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CFPA

This group monitors developments at the Consumer Financial Protection Bureau.See More
Nov 10, 2009
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Ricky Beggs commented on Marcie Belles's blog post Have Used-Car Prices Peaked?
"At Black Book we see the peak in values for the year having been reached and for the past 6 weeks now the trending has been softening. We also see it as the fall seasonal adjustment necessary to make room for a new model year of vehicles. Nothing to…"
Nov 6, 2009
Valerie Torphy left a comment for Ricky Beggs
"Hi, Ricky! Long time, no talk. Yes, I'm still here; thanks for the note. I hope all is well in Gainesville."
Oct 29, 2009
Valerie Torphy and Ricky Beggs are now friends
Oct 29, 2009
Ricky Beggs replied to Marcie Belles's discussion Depositing the Down Payment in the group Marketing Ideas
"Is it a 100% loan plus the 20% in a deposit account or a 80% loan and the 20% savings deposit? Part of the finance issue I keep hearing from dealers is the consumer can't come up with enough down now on the requested loans to get…"
Oct 28, 2009

Profile Information

First & Last Name
Ricky Beggs
Corporate Title
VP, Managing Editor
Company
Black Book
Company Description
Automotive information and valuation solutions
City, ST
Gainesville, GA

Ricky Beggs's Blog

Black Book 2013 new sales predictions

Posted on January 8, 2013 at 8:30pm 0 Comments

What a year for 2012 apparently with only Marci having the market intelligence to see the tremendous growth. We see less growth opportunity for 2013 at just under half the growth finishing at 15,298,765.

Ricky

 

2011 New car sales predeiction

Posted on January 14, 2011 at 1:18pm 0 Comments

Congrats to Chad for 2010 prediction winner. I think we will have a good year for 2011 with my prediction of 12,626,789 new car sales. I still think there is some hesitancy from the consumer side to make the larger $ new car purchase over used.

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At 11:51am on October 29, 2009, Valerie Torphy said…
Hi, Ricky! Long time, no talk. Yes, I'm still here; thanks for the note. I hope all is well in Gainesville.
 
 
 

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