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Spurred by seasonal buying habits from shoppers leveraging anticipated tax returns, the used-car markets saw some price increases during February.
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The average price of two- to seven-year-old vehicles depreciated less sharply than expected in February due to "a spirited start to the spring selling season" that has boosted prices for used passenger cars, according to Black Book.
Read More →Currently, there are very few model options available in the mid-size pickup truck category, ultimately driving strong wholesale prices.
Read More →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.
Read More →GAINESVILLE, GA - The auto market activity and results for the last week was almost like two different markets.
Read More →With an overall average segment depreciation of -1.7 percent during November, the market appeared to be better than the October average segment change of -2.3 percent
Read More →Average wholesale values continued their downward trend last week, as the spring market comes to an end, according to Black Book’s May 15 Market Insights report.
Read More →Wholesale used vehicles had their best weekly performance in two months, according to Black Book’s Sept. 11 Market Insights report.
Read More →Depreciation remains at some of the lowest levels seen all year, driven in part by the strength of entry level cars, according to Black Book’s April 10 Market Insights report.
Read More →The second week of June continued a story of rebounding wholesale prices, with volume-weighted overall car and truck segments both showing gains for a third week in a row, gaining 0.62% overall, Black Book reported.
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