Automotive Digital Marketing

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

Loading... Be Patient!

Extended Market Strength With Smaller Cars Strength

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.
In this week’s report, the Black Book editorial team reports on data trends straight from the auction lanes that may be showing signs of a tired tax season. Comments from the lanes and data show that used vehicle inventories have been replenished, and remarketers are seeing signs of a buyer slowdown across many car segments in particular.
Car segments overall were relatively unchanged from the previous week, with strength coming from the Compact Cars (+0.17%), Full-Size Cars (+0.14%), and Entry Mid-Size Cars (+0.12%). Trucks overall fared a little better at +0.31%, led by Compact SUVs (+1.17%) and Mid-Size SUVs (+0.65%).
“The wholesale market remains strong, especially for trucks; however, buyers are starting to show resistance as more no-sales are being reported all across the country,” said Anil Goyal, Vice President of Automotive Valuation and Analytics.

  • Overall, the volume-weighted car values were flat from last week.
  • Overall, the volume-weighted truck values increased by +0.31% from last week.
  • Small cars seem to be selling better than in past weeks. With a good supply in such segments, prices are likely to slowly decline through the rest of the year.
  • Trucks showed broad strength across the SUV and Pickup segments.
  • In our discussions with dealers, we gained insights that they have “enough inventory” and were mainly looking for “bargains” now.
  • Several buyers were quoted saying that they feel the market will start dropping soon and they are being cautious as to what they are willing to pay for inventory replacement.

Click here to download the full report.

Views: 38


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 ...

Please Consider Automotive Marketing Professional Community Sponsors

ADM Badge


Based On Your Interests...

ADM Consulting, LLC

Onsite/Offsite Combination ADM Consulting, LLC Professional Services
Select the maximum monthly investment you plan to make
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......



ADM Professional Services
Phone Consultation
Topic or Issue:

Top Automotive Marketing Forum Discussions

2. BDC or Virtual BDC

Posted by Peter Stratton on February 26, 2020

Share the Best Content w/AutoMarketing Community

© 2020   Created by Ralph Paglia.   Powered by

ADM Badges  |  Report an Issue  |  Terms of Service