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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. Click here to download the full report.
This week’s Market Insights Report offers the latest trends, with data that suggests the spring market is beginning to lose some of its steam. The report also shines a spotlight on Mid-Size Luxury Crossover/SUVs, which show how affordability concerns have placed pressure on the segment’s retention rates recently.
“Spring market strength is starting to fade as positive adjustments to values slowed down last week. We are seeing more no-sales in auto auctions than in recent weeks,” said Anil Goyal, Executive Vice President, Operations for Black Book.