Black Book: Weekly Market Insights
Used Retail Prices are more accessible than in years past, due to the proliferation of ‘no-haggle pricing’ for used-vehicle retailing.
February 1, 2022
Used Retail Prices are more accessible than in years past, due to the proliferation of ‘no-haggle pricing’ for used-vehicle retailing.
February 1, 2022
Weekly declines continued last week, but the rate of decline is still less than is typically experienced this time of year. Sellers are holding firm to floors, and we have yet to see conversion rates return to pre-holiday levels.
January 25, 2022
The declines are continuing to close out the second week of 2022 with majority of segments reporting drops in valuations.
January 18, 2022
The year is starting off with declines in many segments, but it remains to be seen if we reached the peak of increases before the holidays or if we will return to increasing values as the market prepares for spring.
January 11, 2022
Cox Automotive's Manheim Used Vehicle Value Index rose 1.6% in December compared with November.
January 11, 2022
The seasonally adjusted Retention Index increased to 195.7 points.
January 5, 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 J.D. Power Valuation Services Used Vehicle Price Index reached an all-time high in November.
December 16, 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
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