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 the continued strength currently in the market, with a handful of cars showing increases in early September, as well as trucks. This week’s report also includes the most recent Black Book Retention Index, which saw some of its largest single-month gains during August.

“The used vehicle market remains hot as retail buyers show strong demand for affordable personal transportation and dealers are eager to procure inventory to meet the retail demand,” said Anil Goyal, Executive Vice President, Operations, Black Book.

  • Volume-weighted, overall car segment values increased by just 0.09% last week. In comparison, the values had decreased at a rate of 0.08% per week during the previous four weeks.
  • Among car segments, Sporty Car and Compact Car values increased the most last week.
  • Volume-weighted, overall truck segment (including pickups, SUVs, and vans) values decreased by just 0.04% last week. In comparison, the values had decreased at a rate of 0.13% per week during the previous four weeks.
  • Among truck segments, Full-Size Van and Full-Size Crossover/SUV values increased the most last week.

 

Click here to download the full report.

Views: 4

Comment

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

Join DealerELITE.net

About

DealerELITE created this Ning Network.

Latest Activity

Chris Miller's blog post was featured
14 hours ago
Todd Smith's blog post was featured
14 hours ago
Scot Eisenfelder posted a blog post
yesterday
Chris Miller posted a blog post
yesterday
Bill Wittenmyer posted a video

#FreebieFriday: Coaching Up & Managing Up

ELEAD1ONE Partner Bill Wittenmyer explains the concept of coaching up and managing up in this week's episode of Freebie Friday.
yesterday
Andy Church posted a blog post
yesterday
Chris Branum posted a blog post
Thursday
Chris Branum posted a group
Thumbnail

Fixed Ops Marketing Strategy

Service, Parts, Accessories and Collision Marketing Strategy Group.Digital marketing ideas and…See More
Thursday

de sponsor

Get Newsletter

dE Sponsor

© 2018   Created by DealerELITE.   Powered by

Badges  |  Report an Issue  |  Terms of Service