This past week did not set another record, but the market is still experiencing week-over-week increases that are in record-breaking territory.
Annual depreciation forecast for 5%; Auto ABS performance stable in 2021.
It was another record-breaking week for wholesale prices to finish out the month of March and kick-off the start of April.
The March Retention Index broke another record, reaching 141 points.
The market experienced record-breaking price increases this past week, as the supply and demand imbalance continued to drive up wholesale prices.
The enhanced data provided will allow dealers and consumers to avoid killing a deal over a trade-in value.
The market continues to see consistent week-over-week growth in wholesale values, as the additional round of stimulus spurred retail demand and sent dealers to the auctions.
Black Book released their weekly automotive Market Insights report.
Updates improve dealer engagement and support.
Black Book recently published an update to their weekly Market Update.