BLACK BOOK: Weekly Market Insights
Winter and Christmas sales events make for a busy end of year for dealers, but the last two weeks of the year are traditionally slow for the auctions and that held true this year.
December 28, 2021
Winter and Christmas sales events make for a busy end of year for dealers, but the last two weeks of the year are traditionally slow for the auctions and that held true this year.
December 28, 2021
As calendar year 2021 comes to a close, wholesale prices continue to rise, and noticeable differences can be seen compared to prior calendar years.
December 21, 2021
As we head into the last month of the year, used retail listings have stabilized around 16% below where we started the year.
December 7, 2021
The seasonally adjusted Retention Index increased to 189.9 points, reaching another record.
December 6, 2021
Days-to-turn for used retail listings have slightly increased and now sits just above 38 days, which is still lower than what is typically expected.
November 30, 2021
Values aren’t showing any signs of slowing down, with most expecting this strength to last through the traditional Spring selling season.
November 23, 2021
Calendar year 2021 has not had typical seasonality patterns as the market has had rapid increases in wholesale values for the majority of the year.
November 16, 2021
We have now had ten consecutive weeks of wholesale value increases, during a time that traditionally experiences large week-over-week declines.
November 9, 2021
Wholesale prices continued to gain momentum, with all segments reporting week-over-week increases last week.
October 12, 2021
The biggest takeaway from this month’s value changes is that all the warm weather segments are down, most by substantial amounts. The only vehicles to see any upwards pricing pressure are the snowmobiles, which should be headed in that direction for the next several months, reports Black Book
October 7, 2021
As we move into the Fall season, wholesale prices began to show a positive movement once again and reached the highest point of the year last week.
October 5, 2021
The market continued to make gains this past week, marking the fourth consecutive week of overall wholesale value increases.
September 28, 2021
Traditionally, as we move past Labor Day, values begin to decline, with the largest portion of the yearly depreciation typically occurring in the fourth quarter. However, that is not the case this year, we’ve now had four consecutive weeks of overall market increases in wholesale values.
September 21, 2021
The seasonally adjusted Retention Index increased to 165.7 points, barely missing another record.
September 7, 2021
The overall market continued to decline this past week, but the rate of depreciation lessened, and some segments reported positive pricing movement.
August 24, 2021
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