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 illustrates how three-year retention rates on Compact Cars have staged a remarkable turnaround in 2018 compared with the last few years. Current three-year retention is averaging 43.0%, against 39.6% just one year ago, with much of this strength attributed to the strong economy and great value on smaller cars currently.
“Mainstream brand segment values remained stable last week, whereas luxury segments continued to experience negative changes in values,” said Anil Goyal, Executive Vice President, Operations, Black Book.