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
Compact Cars continue to perform very well along with Sub-Compact Crossovers, but the gas-guzzling Full-Size SUV segments continue to experience the heaviest depreciation, as demand in the lanes wanes for these vehicles.
June 14, 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 overall market continued to experience increases last week, with the more fuel-efficient segments reporting some of the largest gains.
May 24, 2022
The Estimated Average Weekly Sales Rate continues to increase and now is at 72%.
May 17, 2022
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
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
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
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
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
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