Luxury Segments Dropped and Pickups Values Increased

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 looks at the persistence of the spring market, where cars again outperformed trucks on retention this past week. The report also spotlights the latest trends from the Black Book Retention Index, where the Index has now declined for five straight months from the highs achieved last year. Small sedans continue to be strong in the used market.

“Prices barely moved last week as the consignors held on to the floors. The demand for used vehicles continues to be strong,” said Anil Goyal, Executive Vice President, Operations for Black Book.

 

  • Volume-weighted, overall car segment values decreased by 0.08% last week. In comparison, the market values had increased by 0.18% on average during the prior 4-week period.
  • In cars, the values of Luxury Cars and Prestige Luxury Cars decreased the most, by 0.41% and 0.49%, respectively.
  • Volume-weighted, overall truck segment (including pickups, SUVs, and vans) values increased by 0.09% last week. In comparison, the market values were up by 0.11% on average during the prior 4-week period.
  • In trucks, the values of Small Pickups and Full-Size Pickups increased the most, by 0.55% and 0.32%, respectively.

 

Click here to download the full report.

Views: 7

Comment

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

Join DealerELITE.net

Latest Activity

Walter McNulty posted videos
3 hours ago
Walter McNulty posted a status
"The EL Patronn show airs live tomorrow at 11am on Facebook. Tune in for some great insights."
3 hours ago
Damian Boudreaux posted blog posts
4 hours ago
Scot Eisenfelder posted a blog post

Affinitiv and AutoLoop Sign Definitive Agreement to Merge

Combination creates a leading provider of marketing technology and software solutions exclusively…See More
6 hours ago
Michia Rohrssen posted a blog post
10 hours ago
John Sternal posted a blog post

Lease Credit Approval Rates Dip To 65% In June

More Demand From Consumers Seeking Existing Lease Contracts at Price Points Negotiated When Dealer…See More
10 hours ago
Doug Van Sach posted a blog post
10 hours ago
Asad Shoaib posted a blog post

Australia’s Equivalent of Truecar.com

The process of buying and selling a new car is never going to be all easy and smooth. However, if…See More
15 hours ago
Veronica Dunford posted a blog post
yesterday
Dan Beres posted a blog post
yesterday
Ryan Holman posted a blog post

Why Hire Professional Window Tinting Service Providers?

It might be tempting to tint your car windows by using a DIY kit, but the benefits of hiring an…See More
yesterday
Bill Wittenmyer posted a blog post

The Best Leads are in Your CRM

New leads are important, and you always want to keep the pipeline full. Yet, it can cost as much as…See More
yesterday
John Sternal posted a blog post

Inovatec Systems Corp. Partners with ZestFinance to Enhance Lending Procedures

Inovatec Systems Corp., a provider of industry-leading, cloud-based software solutions for all…See More
Tuesday
Paul Moran posted a blog post
Tuesday
Steven Laureys posted a blog post
Tuesday
Jim Flint posted a blog post
Tuesday
Tyler Newport posted blog posts
Tuesday
Crystal Hartwell posted a blog post

SureSale Certified, the Gold Standard for Quality Used Vehicles and Purchase Protection, Expands to Louisville

SureSale enters the Louisville market with certified used vehicle program that offers consumers…See More
Monday
Michael Trasatti posted a blog post
Monday
Michia Rohrssen posted a blog post
Monday

Get Newsletter

© 2019   Created by DealerELITE.   Powered by

Badges  |  Report an Issue  |  Terms of Service