Weekly Market Insights Report
2021 was a wild ride, but according to Black Book, the final two weeks of the year reported minimal declines in values after a year of record-breaking increases.
January 4, 2022
2021 was a wild ride, but according to Black Book, the final two weeks of the year reported minimal declines in values after a year of record-breaking increases.
January 4, 2022
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
The seasonally adjusted Retention Index increased to 189.9 points, reaching another record.
December 6, 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
For the second time in as many months, one of the major RV market segments has declined in value, but this time it was the towables, which fell for the first time in almost a year, while motorhomes reversed course and increased, coming in at their second highest value ever.
November 4, 2021
The fourth quarter is traditionally when the market experiences most of the yearly depreciation, but after just one month in the quarter, values are reporting appreciation of more than 3.0%.
November 2, 2021
The lack of new inventory is continuing to drive up the demand for used vehicles, which in turn is forcing buyers to pay more week after week and leaving sellers wishing they had more to offer.
October 26, 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
The Vintage Pickup Truck segment was originally limited to pickups, but has recently expanded to include collectible SUVs, many of which were constructed on a modified truck chassis.
September 9, 2021
On a volume-weighted basis, the overall Car segment increased +0.18%. For reference, the previous week cars increased by +0.06%.
September 8, 2021
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