Gasoline Prices Fall, Used Trucks Continue to be of Interest
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.
by Staff
April 1, 2013
BEGGS
2 min to read
BEGGS
During the last week of March, gasoline prices continued to fall, but only $0.015 this past week, according to Ricky Beggs, editorial director for Black Book. "At least we are $0.24 less than a year ago. I wish I could say the decline at the pump was directly driving the market, but at this point this is an afterthought. The overall strength is really based on less than full operating lanes with plenty of buyers in the lanes and signed in online."
There does not seem to be one segment of vehicles that is in demand, but many as 15 of the 24 segments finished on a positive note for the week. The cars finished with a segment average -$3 for the second week in a row. The trucks at +$7 finished positive overall for the past two weeks.
Ad Loading...
Trucks continue to be of interest on the auction lanes as all three pickup segments finished up week over week. Six more truck type segments also increased including a +$26 week over week change for the Compact SUVs, up for 7 consecutive weeks and the Compact Crossovers at +$19 increasing for four of the last five weeks.
With the percent of adjustments of 61 percent, now at four weeks of 60-percent+ confirms the “no bargains mean plenty of buyers” comment from one of the Black Book survey personnel. The 1,874 vehicles adjusted per day during the week is the second largest level of adjustments during a strong March market.
"Last week, we mentioned the significantly larger number of Average condition values adjusted over Clean condition," Beggs said. "Even though the greater number of Average condition values has occurred every week since the week ending March 1, 2013, the variance has not been that great. We still see it as a sign of looking for a better bargain and dealers also looking for the opportunity to increase revenue through some quality reconditioning."
The 2026 Conference of Automotive Remarketing convened with a mandate to involve a new constituency — fleet managers — and an updated mission to demonstrate unrealized value in de-fleeted vehicles.
From a Wall Street analyst's take on remarketing's key players to whether fleets need their own version of Carfax, CAR 2026's afternoon roundtables will answer key operational and industry questions.
The enhanced technology allows rental car operations, dealerships, and auctions to compare a vehicle’s condition at pickup and drop-off within the same rental or loaner record.
A panel at the 2026 Conference of Automotive Remarketing will examine how resale value is created across the vehicle lifecycle and which traditional remarketing practices still deliver ROI.
Smart operational and spec'ing decisions can dramatically improve both the total cost of ownership during use and the resale value when it's time to remarket day cabs.
How can vehicle-sourced performance data change the way fleets assess condition, time de-fleets, and set remarketing expectations? A seminar at the 2026 Conference of Automotive Remarketing (CAR) has answers.
