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.
Author: Black Book
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