June 10, 2013
Last week, the market results struggled and after seeing the results of the most recent week of auction activity, we know it was the temporary end-of-the-month market.
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June 3, 2013
Most prominently mentioned at recent auctions, according to Black Book, was how the Memorial Day holiday affected the wholesale market. At least word on the street was that retail activity was much better, which could lead to a more active wholesale market this coming week to fill many of those empty holes.
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May 20, 2013
This past week, there was a continuing climb in gasoline prices, now totaling an increase of $0.08 per gallon over the past two weeks and narrowing the difference to only $0.11 under the price one year ago.
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May 13, 2013
The first thing that really stood out over the past week of auctions was the increase in the number of 2013 models that received their initial market driven wholesale values. Black Book editors added 26 different 2013 models with market-based values.
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May 6, 2013
Black Book’s Ricky Beggs, editorial director for the publication, presented his commentary for the week ending May 3. According to Beggs, several survey reports mentioned a lower level of excitement in the auction lanes, and another report described lane activity as “wait and see.”
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April 29, 2013
The more prominently stable used-vehicle market was a result of the need to adjust fewer vehicles during the past week than any week of 2013.
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April 15, 2013
There is still enough interest and used-vehicle demand that, for the past six weeks, at least 60 percent of the adjustments were increases.
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April 8, 2013
As the week progressed and comments arrived from the Black Book survey personnel, there were primarily three main descriptions of the auction activity and market: steady, good and strong.
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April 1, 2013
During the last week of March, gasoline prices continued to fall, but only $0.015 this past week, and no single used-vehicle segment seems to show highest overall demand.
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March 25, 2013
When demand is present, used-vehicle prices will generally increase or at least stay stable. Overall, the market is very stable with segment average changes week over week.
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