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Eleven of the 13 truck segments reported increases last week.
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The used retail active listing volume index reverted back to one at the start of 2023. Currently, the index sits at 0.95 points.
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The market continues to outperform what's traditionally seen this time of year, with the weekly rate of gain taking us back to 2021.
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The market continued to experience growth last week, with gains far exceeding what is typically seen this time of year.
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Used-retail active listing volume index index sits at 0.99 points.
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The first week of March started off as expected with sales rates continuing to increase across the country.
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Now in week three of February, we continue to see the wholesale market improving.
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The reduction in weekly depreciation that started a couple of weeks ago continued again last week, with the market reporting the lowest overall depreciation we have seen since the end of June 2022.
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Early signs of a potential Spring bump in the market are starting to emerge with the Sporty Car segment reporting an increase for the second consecutive week.
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Last week, wholesale price declines lessened, coming in at a level on par with last July (apart from the weeks around Thanksgiving and Christmas when volume and conversions were down), before the declines began to accelerate for Q3 and Q4.
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