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
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
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
This month, tens of millions of federal stimulus checks hit bank accounts across the country. If last year is any guide, many of those will wind up being used to buy powersports vehicles of one type or another.
April 22, 2021
The market continues to increase, but the rate of weekly gains has slowed while still remaining at levels that would be record-setting by any historical comparisons.
April 20, 2021
This past week did not set another record, but the market is still experiencing week-over-week increases that are in record-breaking territory.
April 13, 2021
Annual depreciation forecast for 5%; Auto ABS performance stable in 2021.
April 12, 2021
It was another record-breaking week for wholesale prices to finish out the month of March and kick-off the start of April.
April 6, 2021
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