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Joined October 2012
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The market saw continued buyer participation last week, with the auction conversion rate at 58%, while wholesale values continued to decline across both Cars and Trucks/SUVs.
Retail conditions also showed signs of softening.
blackbook.com/market-insight…
#CarMarket #VehicleData
The market saw healthy buyer participation last week, with auction conversion improving to 57%, up one percentage point from the prior week. Buyers remained selective, with stronger demand for certain newer, premium, and performance vehicles.
Full report: blackbook.com/market-insight…
Wholesale values continued to soften last week, although the pace of depreciation improved slightly from the prior week. Clean, retail-ready inventory generated the strongest demand.
Full report: blackbook.com/market-insight…
Last week, buyers became increasingly selective, continuing to reward clean, well-equipped, retail-ready inventory while applying greater discounts to higher-mileage vehicles, lower-content trims, and less desirable configurations.
blackbook.com/market-insight…
Rising fuel prices, with gasoline above $4 per gallon and diesel above $6, are adding pressure to vehicle values. Seasonal declines continued at an elevated pace last week.
View the full report: blackbook.com/market-insight…
Pricing became increasingly dispersed last week as buyers concentrated their bidding on retail-ready inventory while discounting vehicles with average mileage, lower-content trims, or condition-related shortcomings.
View last week's report: blackbook.com/market-insight…
Wholesale values softened following the Labor Day holiday, with Truck segments seeing the largest declines while Cars remained comparatively stable.
View last week's insights: blackbook.com/market-insight…
Amidst seasonal declines, auction conversion remains steady at 59%, the same as last week. But buyers continue to reward lower-mileage, premium-trim inventory.
View the full report for this week's insights: blackbook.com/market-insight…
The convergence of Cars and Truck/SUV depreciation is reflecting broader pricing pressure across the wholesale market, as buyers remained selective despite steady auction conversion.
See the full report: blackbook.com/market-insight…
Wholesale depreciation accelerated modestly last week, with the overall market declining -0.52%, more than double the 2017–2019 same-week average of -0.21%. Full Market Insights below. blackbook.com/market-insight…
Wholesale depreciation moderated last week, while auction conversion remained healthy at 57%.
Despite the slower pace of depreciation, a decline in conversion rates suggests buyers remain selective and disciplined in their bidding.
View the full report: blackbook.com/market-insight…
Market values just took a bigger hit than usual—and it's accelerating.
Last week saw a -0.57% decline, more than double the seasonal average.
Here's what you need to know: blackbook.com/market-insight…
Wholesale depreciation accelerated last week, with the overall market declining -0.51% as Truck/SUV values fell -0.58% and Cars declined -0.29%. Market insights here. blackbook.com/market-insight…
Wholesale values continued to soften last week as seasonal depreciation accelerated, with Cars posting their largest single-week decline since late January. Market insights here. blackbook.com/market-insight…
The wholesale market remained stable but selective last week, as auction conversion rates declined to 58% from 62% the prior week. Market insights here. blackbook.com/market-insight…
Wholesale market conditions remained stable this week, with auction conversion improving to 62%, up three percentage points from the prior week, signaling healthy buyer participation despite continued seasonal depreciation. Market insights here. blackbook.com/market-insight…
On a volume-weighted basis, Car values declined -0.13%, while Trucks/SUVs fell -0.36%, as all thirteen Truck segments posted declines for the first time in twenty-one weeks, ending a prolonged stretch of broad-based strength. Market insights here. blackbook.com/market-insight…
Black Book’s Used Vehicle Retention Index Increased in May: blackbook.com/black-books-us…
“The spring market outperformed historical expectations this year, extending for roughly 15 weeks,” -Laura Wehunt, VP of Data & Analytics at Black Book.
#UsedVehicleMarket #VehicleRetentionIndex
Wholesale values softened modestly last week, with Cars declining -0.03% and Trucks/SUVs falling -0.15%, as auction conversion rates slipped to 57% following the Memorial Day holiday. Market insights here. blackbook.com/market-insight…
#WholesaleValues #MarketInsights #Auction
The pressure on the used vehicle market persisted last week, as overall depreciation accelerated compared to the prior week. Vehicles aged 0–2 years declined by -0.10%, marking a third consecutive week of losses. Market insights here: blackbook.com/market-insight…