Black Book: Weekly Market Report
For the first time since the week of April 18th, the overall market reported softening last week.
June 28, 2022
For the first time since the week of April 18th, the overall market reported softening last week.
June 28, 2022
Sporty Cars traditionally decline during this time of year, but the segment is still reporting increases with an average weekly increase of +0.24% over the last eleven weeks.
June 22, 2022
Index reverses a 3-month slide and increases to 188.8 points in May 2022 as tight new inventory and record low incentives push used wholesale prices up across most segments.
June 13, 2022
The overall market continued to see positive movement last week, but some of the segments that have been catching our eye in recent weeks for their pricing movements are now doing so for different reasons.
June 7, 2022
The Estimated Average Weekly Sales Rate has dropped down to 71% after several weeks of increases.
June 1, 2022
The Estimated Average Weekly Sales Rate continues to increase and now is at 72%.
May 17, 2022
The seasonally adjusted Retention Index went down to 185.4 points in April 2022 as high gas prices strengthen some segments and weaken others.
May 5, 2022
The Used Retail Days-to-Turn Estimate has continued to drop over the last few weeks and remains below 36 days.
May 4, 2022
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
The Estimated Average Weekly Sales Rate decreased a little last week to 67%, with sellers holding firm to floor pricing.
April 12, 2022
The seasonally adjusted Retention Index went down to 187.7 points in March 2022 as modified Spring arrives late.
April 6, 2022
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
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
Overall market declines continued last week, but the rate of declined lessened.
March 15, 2022
Declines in wholesale prices continued last week, despite an improvement in conversion rates.
March 8, 2022
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