Four Weeks in a Row of Increasing Used Car Values

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 Black Book Market Insights report highlights the March Black Book Index, which illustrates how certain truck segments have pulled down the Index despite a strong showing by small car segments so far this spring.

“Continued euphoria seen in the auction lanes as high sales percentages persist. Consignors of sedans, particularly rental car companies, have done well in this spring season,” said Anil Goyal, Executive Vice President, Operations.

• Volume-weighted, overall car segment values increased by 0.15% last week. In comparison, the market values had increased on average by 0.24% per week in the previous two weeks.
• In cars, Mid-Size Car segment increased the most in value last week.
• Volume-weighted, overall truck segment (including pickups, SUVs, and vans) values decreased by 0.16% last week, same as the average decrease per week in the previous two weeks.
• In trucks, Sub-Compact Crossover increased the most in value last week.

Click here to download the full report.

Author: Black Book

Black Book® is best known in the automotive industry for providing timely, independent and accurate vehicle pricing information, and is available to industry-qualified users through online subscription products, mobile applications and licensing agreements. A leading provider since 1955, Black Book has continuously evolved to ensure that it achieves its goal of delivering mission-critical information to its customers, along with the insight necessary to successfully buy, sell, and lend. Black Book data is published daily by National Auto Research, a division of Hearst Business media, and the company maintains offices in Georgia, Florida, and Maryland. For more information, please visit BlackBookAuto.com or call 800.554.1026.