Automotive Digital Marketing

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

Loading... Be Patient!

Strongest Week for Used Cars in Two Years

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 lanesClick here to download the full report.
   

This week’s Black Book Market Insights report shows that the market for cars, particularly smaller models, continues to strengthen throughout the spring season. Check out the report to see which segments saw significant price increases last week, as well as a retention report on Compact Cars showing a rebound in retention rates for two-year-old models.
  

“Very strong week in car values led by Compact Cars. Tax season demand continues to be strong,” said Anil Goyal, Executive Vice President, Operations.

  • Volume-weighted, overall car segment values increased by 0.26% last week. In comparison, the market values had decreased on average by 0.11% per week in the previous four weeks.
      
  • In cars, Compact Car segments increased the most in value last week.
       
  • Volume-weighted, overall truck segment (including pickups, SUVs and vans) values decreased by 0.19% last week. In comparison, the market values had decreased on average by 0.22% per week in the previous four weeks.
       
  • In trucks, Sub-Compact Crossover segment increased the most in value last week.

 

Click here to download the full report.

Views: 110

Tags: Cars, Strongest, Two, Used, Week, Years, for, in

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

Please Consider Automotive Marketing Professional Community Sponsors

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

Top Automotive Marketing Forum Discussions

Share the Best Content w/AutoMarketing Community

© 2019   Created by Ralph Paglia.   Powered by

ADM Badges  |  Report an Issue  |  Terms of Service