Your Top Resource for Consignor and Auction News
Search Close Menu

Tag Search Result

Ricky Beggs

Used-Vehicle Market Values Decline as Gasoline Prices Drop

With all of the changes and the number up and down the overall dollar change week over week is a decline of -$103. But, even with the level of changes today, there is still a pretty solid and active market within the wholesale channels.

Wholesale Market Improves Over October

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

Full-Size Cars Show Wholesale Price Stability

From last week’s largest declines in the previous five weeks on the cars and for eight weeks on the trucks, the level of adjustment moved to a smaller decline in the most recent week-over-week comparison for both the cars and trucks.

Wholesale Prices Continue to Decline

When looking at the car segment changes the highest percentage changes come from the opposite extremes of fuel-economy levels. The trucks average segment change decline has increased for the third consecutive week but not at the same level as the cars.

Used Car and Truck Retention Improves

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.

Memorial Day Positively Impacts Wholesale Market

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.