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Weekly Market Insights Report

Weekly Market Insights Report

Used wholesale and retail prices are starting to stabilize in July (although at a remarkably high plateau), but new car sales are still on a rollercoaster as the chip shortage is finally showing up in the new sales numbers.

July 20, 2021

HopDrive Expands into Data, Appraisals and Inventory Acquisition
Market Insights from Black Book

Market Insights from Black Book

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

Black Book Used Vehicle Retention Index Shows Another Increase In June
Black Book: Weekly Market Report

Black Book: Weekly Market Report

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

Market Insights Report

Market Insights Report

Another week of gains for the exceptionally strong wholesale market; however, that pace has slowed tremendously.

June 29, 2021

Black Book: Weekly Market Updates

Black Book: Weekly Market Updates

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

Black Book: Weekly Market Updates

Black Book: Weekly Market Updates

The May Retention Index showed another increase and broke yet another record, reaching 159.6 points, a 7.1 point (or 4.7%) increase from April (152.4).

June 15, 2021

Weekly Market Insights from Black Book
BLACK BOOK: Weekly Market Update

BLACK BOOK: Weekly Market Update

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

Black Book: Weekly Market Insights

Black Book: Weekly Market Insights

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

Black Book Market Update

Black Book Market Update

Car segment gains ticked up slightly this past week (+1.25%) compared to the week prior (+1.17%).

May 11, 2021

Used Vehicle Retention Index Shows Another Increase
Weekly Market Update Report

Weekly Market Update Report

Retail inventory levels, new and used, continue to be a challenge and the limited availability of quality vehicles in the wholesale market is also proving to be a challenge for buyers.

May 4, 2021

Black Book Market Insights

Black Book Market Insights

Inventory levels continue to be tight, both in the new and used retail markets, as well as the wholesale market, further fueling the price required to source used inventory.

April 27, 2021

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