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Black Book: Market Insights
Black Book Market Insights

Black Book Market Insights

Historically, the first week of May is an exciting time for new model year launches and an increase of lease returns in the auction lanes. This year, like the past 2 years, has been plagued with microchip shortages and supply chain issues causing a significant reduction in both new inventory production and used lease and fleet returns in the wholesale market.

May 10, 2022

Black Book’s Used Vehicle Retention Index Drops Again as Rollercoaster Ride Continues
Black Book: Weekly Market Insights
Black Book: Weekly Market Update

Black Book: Weekly Market Update

The car market continued its ascent last week, with the rate of gain accelerating to 0.23%, larger than the typical increase for this time of year.

April 26, 2022

Black Book: Specialty Market Updates

Black Book: Specialty Market Updates

The big picture has not changed much from last month to now; overall prices are increasing, but by much smaller amounts than we have seen since the pandemic began a little over two years ago.

April 21, 2022

Market Insights from Black Book

Market Insights from Black Book

Higher gas prices are affecting the demand for trucks and SUVs – almost all the non-luxury crossover / SUV and pickup segments of all ages are depreciating at an accelerating rate, while non-luxury car segments are appreciating.

April 19, 2022

Black Book Powers DrivenIQ’s DriveBid™ Platform
Black Book Market Insights

Black Book Market Insights

The Estimated Average Weekly Sales Rate decreased a little last week to 67%, with sellers holding firm to floor pricing.

April 12, 2022

Black Book’s Used Vehicle Retention Index Drops for the First Time Since July of 2021
Black Book: Weekly Market Report

Black Book: Weekly Market Report

As we moved into March, the Wholesale Weekly Price Index continued to decline and is now just below the 2019 trend line, around 0.97.

April 5, 2022

Black Book: Market Insights

Black Book: Market Insights

While there are new stories of supply chain disruptions popping up daily, it is evident that some new inventory is hitting franchise dealers’ lots as more off-lease vehicles make their way to the auction lanes.

March 29, 2022

Black Book: Market Insights Report

Black Book: Market Insights Report

Franchise dealers have started noticeably competing against large independent dealers for desirable units, but rental partners have really shown their dominance in many lanes, especially for cleaner, low-mileage vehicles.

March 22, 2022

Black Book: Market Insights Report
Black Book: Market Update

Black Book: Market Update

Declines in wholesale prices continued last week, despite an improvement in conversion rates.

March 8, 2022

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