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 sheds further light on the strength certain car segments showed during the second quarter. Sporty Cars increased +3.1% and Compact Cars increased +0.2%; three other car segments showed a decrease, but their changes were less than -1.5% during that time frame.
“The used car market stays strong with mainstream car brand values depreciating at a low rate for this time of the year,” said Anil Goyal, Executive Vice President, Operations.