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Black Book

Black Book: Market Update

Traditionally, as we move past Labor Day, values begin to decline, with the largest portion of the yearly depreciation typically occurring in the fourth quarter. However, that is not the case this year, we’ve now had four consecutive weeks of overall market increases in wholesale values.

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Weekly Market Update: Insights Report

Days-to-turn for used retail listings have been increasing, as retail demand softened over the last few weeks.

Specialty Market Update

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.

Market Insights from Black Book

On a volume-weighted basis, the overall Car segment increased +0.18%. For reference, the previous week cars increased by +0.06%.

Black Book August’s Used Vehicle Retention Index Increased Again After a Brief Break in July

The seasonally adjusted Retention Index increased to 165.7 points, barely missing another record.

Black Book: Weekly Market Update

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.

Black Book: Weekly Market Update

The overall market continued to decline this past week, but the rate of depreciation lessened, and some segments reported positive pricing movement.

Market Insights from Black Book

Despite the limited inventory on dealer lots, dealer lanes continue to have higher volume at auction, while manufacturers’ remarketing lanes are offering less and less in open sales channels.

Specialty Market Update

Last month we noted that the record run of value increases we have seen over the past 18 months appeared to be slowing down and possibly ending.

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Black Book July's Used Vehicle Retention Index Shows First Drop in 2021

As wholesale prices started to decline in July, the seasonally adjusted Retention Index reversed the trend for the first time this year and decrease to 161.8 points.

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