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Keith Griffin

Beige Book Sounds Bland but It's Helpful

By November 30, 2012

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We have Kelly Blue Book and even The Black Book, but have you ever heard of the Beige Book? It's an interesting look at how used car sales are doing in the United States - and it's published by The Federal Reserve Board.

What the Federal Reserve Board does is reach out to each of its districts for a monthly tally of a bunch of information. I researched the Beige Book for November 2012 and came up with a bunch of information.

I'm not going to recount all of it here. (Hey, you guys have to do some reading.) But I did want to focus on one element that is overlooked by most consumers. Tight credit is going to affect the ability to get new and used car loans, as well as leasing. Leasing and new car loans affects the used car supply. Tight used car loans makes for better purchasing power for people with good credit.

There's a lot of information to be mined out there. I hope you find it useful when I read reports like this to help make you a better informed used car buyer and seller.

Comments
December 9, 2012 at 7:39 pm
(1) Pearce Bros says:

Pearce Bros offer car & van hire, used cars, repairs and refrigerated vans in Bristol, Avonmouth, Weston-Super-Mare, Yate.

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