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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 looks at the latest valuation trends from this past week, with nearly all car segments showing a significant decline in weekly values signaling summer seasonality. Conversely, trucks had three segments finish with an increase in value during the week.
“Depreciation in car segments has increased after the Spring season. Pickup trucks, which usually retain strength in the summer months, went up in values last week,” said Anil Goyal, Executive Vice President, Operations for Black Book.