Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full report.
This week’s Market Insights Report shows how small pickups and full-size cars both showed gains this past week, even though we’re getting deep into summer. The report also highlights trends from the latest monthly Vehicle Retention Index, which increased +0.5% in July.
“Sub-Compact Cars have started to show some weakness after a strong retention trend earlier this year. On the other hand, Sub-Compact Crossovers are continuing to do relatively well.”
- Volume-weighted, overall car segment values decreased by just 0.20% last week. In comparison, the values had decreased at a rate of 0.22% per week during the previous four weeks.
- Among car segments, Sub-Compact Car values decreased the most last week.
- Volume-weighted, overall truck segment (including pickups, SUVs, and vans) values decreased by 0.15% last week. In comparison, the values had decreased at a rate of 0.24% per week during the previous four weeks.
- Among truck segments, Full-Size Van values decreased the most last week.
Click here to download the full report.
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