Broad Strength in the Market Except for Luxury 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 Market Insights Report shows how spring activity continues to roll on with four specific car segments and three truck segments. The report also includes data from the most recent Black Book Used Vehicle Retention Index, which registered at 113.8 for March, a 0.6% decline from February (114.5) but a 1.7% improvement from March 2018 (112.0).

“The spring market continued to show strength last week. However, it’s not expected to last long as sales percentages are starting to come down from their peak,” said Anil Goyal, Executive Vice President, Operations for Black Book.

 

  • Volume-weighted, overall car segment values increased by 0.29% last week. In comparison, the market values had increased by 0.09% on average during the prior 4-week period.
  • In cars, the values of Full-Size Cars increased the most, rising by +0.76%.
  • Volume-weighted, overall truck segment (including pickups, SUVs, and vans) values increased by 0.19% last week. In comparison, the market values had decreased by 0.16% on average during the prior 4-week period.
  • In trucks, Minivans, Mid-Size Crossover/SUVs and Small Pickups had the highest increases.

 

Click here to download the full report.

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