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.