Best Weekly Performance in Two Months for Used Vehicles

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 Black Book Market Insights report is showing a little strengthening in the market, most likely due to dealers looking to begin replacing damaged or destroyed vehicles caused by Irma. The report also showcases the latest Black Book Retention Index.

“Dealers are actively looking to buy inventory and shipping vehicles to the Houston area, anticipating strong demand due to replacement of damaged units,” said Anil Goyal, Senior Vice President of Automotive Valuation and Analytics.

  • Volume-weighted, overall car segment values decreased by 0.27% last week, better than the average weekly decrease of 0.49% in values over the previous four weeks.
  • Prestige Luxury Car and Near Luxury Car segments declined the most by 0.62% and 0.46%, respectively.
  • Volume-weighted, overall truck segment (including pickups, SUVs and vans) values decreased by 0.15% last week, better than the average weekly decrease of 0.33% in values over the previous four weeks.
  • Sub-Compact Crossover segment declined the most among truck segments by 0.66%.


Click here to download the full report.

 

Views: 13

Comment

You need to be a member of DealerELITE.net to add comments!

Join DealerELITE.net

About

DealerELITE created this Ning Network.

Blog Posts

Automotive safety tips

Posted by Asad Shoaib on September 23, 2017 at 5:10am 0 Comments

In the early 1900s, there is no protection system for the car. Many road accidents take place at that time, and the people get injured due to this reason. Many cars got damaged at that point, and the death rate is increasing. The action takes…

Continue

Secure Your Vehicle With Best Car Insurance Policy

Posted by Samuel on September 22, 2017 at 11:06am 0 Comments

Are you looking for the best way to secure your vehicle using perfect insurance coverage? Motorist.sg brings you the convenient insurance coverage at lowest price. Finding more than 10 insurers with appropriate coverage…

Continue

de sponsor

Get Newsletter

dE Sponsor

© 2017   Created by DealerELITE.   Powered by

Badges  |  Report an Issue  |  Terms of Service