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
The rate of depreciation has been slowing in recent weeks and this past week, the overall Car segment week-over-week change crossed back into positive territory, with six out of the nine Car segments reporting gains.
September 1, 2021
The overall market continued to decline this past week, but the rate of depreciation lessened, and some segments reported positive pricing movement.
August 24, 2021
Wholesale values continue to decline after a monstrous 22-consecutive weeks of gains; however, sales conversion rates were also down last week. We anticipate that dealers will begin gradually and moderately reducing their floors.
July 13, 2021
Wholesale values are finally starting to simmer down but make no mistake, supply channels haven’t been restored and the market remains strong.
July 6, 2021
Another week of gains for the exceptionally strong wholesale market; however, that pace has slowed tremendously.
June 29, 2021
Wholesale prices remain strong, however there are signs of softening in the market this week, as prices of newer used vehicles seem to be hitting a ceiling.
June 22, 2021
All nine car segments reported gains last week, however, 0.8% is the lowest weekly gain the overall car segment has seen in 15-weeks.
June 8, 2021
It is now clear that like 2020, 2021 will also not have typical seasonality patterns as the market is going through a rapid increase in wholesale values.
May 25, 2021
New inventory is not expected to see improvement until the third quarter of this year, so values are expected to remain at elevated levels throughout the summer.
May 18, 2021
Car segment gains ticked up slightly this past week (+1.25%) compared to the week prior (+1.17%).
May 11, 2021