Perhaps it shouldn’t alarm consignors and dealers too much, but Black Book spotted a vehicle segment make a notable value decline for the first time in 77 weeks.
After a stretch of price increases or week-over-week stability that began February 2021, analysts said prices for full-size vans dropped …
Black Book isn’t referencing the Fourth of July hangover your friend had when reporting that wholesale values struggled again last week.
Analysts detailed in their newest installment of Market Insights that wholesale prices dropped another
Black Book acknowledged, “last week kicked off the Fourth of July holiday, bringing us into Q3, and the lanes were a lot slower than normal.”
Furthermore, analysts said rate of depreciation accelerated with wholesale values registering the largest single week decline since …
On Tuesday, Work Truck Solutions released its second quarter ComTrend Analysis of new and used commercial vehicles.
Although there are still many supply chain challenges in the industry, Work Truck Solutions noted certain positives for operators who need these workhorses.
Looking at the used market, Work Truck Solutions reported the median mileage for used vehicles sold was …
Wholesale prices softened by 0.15% during the week going into the Fourth of July weekend.
However, why Black Book said it was “no surprise” values moved in that direction might not be fortuitous for either auctions or dealerships.
Analysts continued in the newest installment of Market Insights by saying, “with the exception of …
Black Book said in its newest installment of Market Insights that overall wholesale prices softened slightly for the first time since the week of April 18.
However, with fuel costs still at unprecedented levels, values for compact cars now have climbed for
There wasn’t any movement in wholesale vehicle prices in the first half of June, but signs are pointing to the second half seeing some slowdown.
That’s according to Cox Automotive’s analysis around its mid-month Manheim Used Vehicle Value Index.
The index remained at …
With the average price for a gallon of gas now above $5, Black Book’s newest installment of Market Insights highlighted how wholesale prices for vehicles such as compact cars and full-size SUVs are moving in distinctly different directions.
“Fuel prices appear to still be having a …
Another sign that high wholesale vehicle prices aren’t going anywhere sometime soon: Black Book’s Used Vehicle Retention Index ended a three-month run of sequential declines in May and eclipsed year-ago numbers by more than 18%.
Specifically, the index came in at …
For the second year in a row, Cherokee Media Group’s Nick Zulovich tracked down Cox Automotive chief economist Jonathan Smoke after appearing at the Non-Prime Auto Financing Conference hosted by the National Automotive Finance Association.
The conversation covered auto financing, used-vehicle prices, inflation and, of course, some musical references, too.
To listen to the conversation, click on the link available below, or visit the Auto Remarketing Podcast page.
Download and subscribe to the Auto Remarketing Podcast on iTunes or on Google Play.
