Black Book: Weekly Market Update

Both vehicle values and conversion rates sped up last week as two segments outperformed in the pre-spring burst of buying.

Wholesale Used Vehicle Prices Rise 48.1% in 2 Years

Used-vehicle prices at wholesale, dealer-only auctions ended 2021 at 48.1% higher on average than December 2019 and 34.8% higher than  December 2020, according to KAR Global.

Manheim: Year-End Used-Car Values Stay Strong