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 price trends that show mainstream vehicles maintaining decent retention even though the spring strength has disappeared. In fact, the recent trend highlights that all luxury vehicle segments declined in value, whereas all mainstream vehicles show increased demand reflecting higher values over the last month.
“The spring market uptrend is over but prices remain stable. The late-model and lower-priced vehicles have the strongest demand,” said Anil Goyal, Executive Vice President, Operations for Black Book.