Stable Car and Truck Market Last Week

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 Black Book Market Insights report shows a stabilization of prices for the majority of car and truck segments. Some segments, such as Sporty Cars and Sub-Compact Crossovers continue to see increases even after the spring selling season. The report also looks at the latest gasoline and diesel trends.

“The used vehicle market prices were stable last week after a good spring season this year on mainstream sedans. Sporty cars are experiencing an increase in seasonal demand,” said Anil Goyal, Executive Vice President, Operations.

• Volume-weighted, overall car segment values decreased by 0.09% last week. In comparison, the values had decreased on average by 0.18% per week in the previous two weeks.

• In cars, Mid-Size Car segment decreased the most in value last week.

• Volume-weighted, overall truck segment (including pickups, SUVs, and vans) values decreased by 0.05% last week, similar to the average decrease per week in the previous two weeks.

• In trucks, Sub-Compact Crossover increased the most in value last week.

 

Click here to download the full report.

 


by Black Book via Everyone's ADM Blog Posts - Automotive Digital Marketing

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