Automotive Digital Marketing

Professional Community for Car Dealers, Marketing, Advertising and Sales Leaders

Loading... Be Patient!

Market Holding Better on Values, Especially SUVs

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes.

  

This week’s Black Book Market Insights report offers insight into moving car and truck trends entering February, showing that values overall are holding up well as we approach the spring selling season. This week’s report also highlights the Mid-Size Crossover/SUV segment, illustrating that it had a strong fourth quarter for retention.

  

“Lower mileage trucks and SUVs continue to be in demand. We are seeing consignors holding out for more money on their units to drive up prices," said Anil Goyal, Senior Vice President of Automotive Valuation and Analytics.

 

  • Volume-weighted, overall car segment values decreased by 0.58% last week, better than the average weekly decrease of 0.69% in values over the previous four weeks.
     
  • Mid-Size Car segment performed the best, decreasing the least in value among all the car segments.
      
  • Volume-weighted, overall truck segment (including pickups, SUVs, and vans) values decreased by 0.46% last week, slightly better than the average weekly decrease of 0.52% in values over the previous four weeks.

  • Compact Van segment performed the worst, decreasing the most in value among all the truck segments.

 

Click here to download the full report.

Views: 58

Tags: Better, Especially, Holding, Market, SUVs, Values, on

Comment

Oops... You need to stop "Lurking" on ADM and become a more genuine Automotive Professional by completing your membership registration. As a registered ADM Member, you can post comments, publish your own articles (be a star!) and start Forum discussions. Stop being an online "Peeping Tom" and JOIN ADM RIGHT NOW!

Join Automotive Digital Marketing

Automotive Professional Network and Resource Exchange for Car Dealers, Managers, OEM and Marketing Practitioners seeking Best Practices.

ADM Sponsor

William B. Terry
Rated by Super Lawyers


loading ...

ADM Badge

Loading…

Based On Your Interests...

ADM Consulting, LLC

Onsite/Offsite Combination ADM Consulting, LLC Professional Services
Select the maximum monthly investment you plan to make
$USD
Sign up for

Automotive Marketing Tools

Get ADM Toolbar

Click here to take the ADM Member Survey

Getting too many emails from ADM? Click mailbox below to control which types of alerts and updates you are sent......


Instagram

SaveSave

ADM Professional Services
Phone Consultation
Topic or Issue:

Top Automotive Marketing Forum Discussions

Share the Best Content w/AutoMarketing Community

Microsoft Office PowerPoint

© 2020   Created by Ralph Paglia.   Powered by

ADM Badges  |  Report an Issue  |  Terms of Service

google.com, pub-1344093271332697, DIRECT, f08c47fec0942fa0 google.com, pub-1344093271332697, DIRECT, f08c47fec0942fa0