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The rate of depreciation has been slowing in recent weeks and this past week, the overall Car segment week-over-week change crossed back into positive territory, with six out of the nine Car segments reporting gains.
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The overall market continued to decline this past week, but the rate of depreciation lessened, and some segments reported positive pricing movement.
Read More →Despite the limited inventory on dealer lots, dealer lanes continue to have higher volume at auction, while manufacturers’ remarketing lanes are offering less and less in open sales channels.
Read More →Last month we noted that the record run of value increases we have seen over the past 18 months appeared to be slowing down and possibly ending.
Read More →As wholesale prices started to decline in July, the seasonally adjusted Retention Index reversed the trend for the first time this year and decrease to 161.8 points.
Read More →Days-to-turn for used retail listings have been increasing, as retail demand softened over the last few weeks.
Read More →Used wholesale and retail prices are starting to stabilize in July (although at a remarkably high plateau), but new car sales are still on a rollercoaster as the chip shortage is finally showing up in the new sales numbers.
Read More →Wholesale values continue to decline after a monstrous 22-consecutive weeks of gains; however, sales conversion rates were also down last week. We anticipate that dealers will begin gradually and moderately reducing their floors.
Read More →The June Retention Index increased again, although at the slower rate, and broke yet another record, reaching 166.0 points.
Read More →Wholesale values are finally starting to simmer down but make no mistake, supply channels haven’t been restored and the market remains strong.
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