The auto market continues to follow a new path of seasonality with the overall market having another week of increases last week. Traditionally, by this time of year, we would have started to see the spring market bump reverse and turn cars back into depreciating assets, but not this year,
Used Car Prices and Inventory April 2022 (pdf) Used Cars: Retail Prices Used Retail Prices are more accessible than in years past, due to the proliferation of ‘no-haggle pricing’ for used-vehicle retailing. Transparent pricing upfront makes the car buying process more enjoyable for customers and allows Black Book to accurately
A quick recap of industry-related headlines for April 2022: The overall market is still reporting declines, but the Car segments moved into positive territory last week. Older model years (8-to-16-year-olds) also had another week of outperforming newer model years. We are also starting to see the higher gas prices affecting
List of the top 10 car dealership groups in the US by total units sold (PDF) AutoNation Inc. Total Units Sold in 2021 (New and Used ): 637,884 Lithia Motors Inc. Total Units Sold in 2021 (New and Used ): 618,585 Penske Automotive Group Inc Total Units Sold in 2021
U.S. Automotive Social Intelligence Update 2022 Results(PDF) The U.S. Automotive Social Intelligence Update delivers insights highlighting what consumers are saying in their social media conversations about vehicle makes and models. These tables highlight the total volume of social media discussions, as well as the sentiment (positive or negative) of those
U.S. Auto Manufacturer Loyalty Rates by Make 2021 CY PY CY PY CY PY CY PY make make mfg mfg make make mfg mfg loyalty loyalty loyalty loyalty loyalty
March 2022 Auto Industry Related Headlines: With fuel prices rising, the Sub-Compact Car segment moved into positive territory and Compact Cars slowed the rate of decline last week. On a volume-weighted basis, the overall Car segment decreased -0.52%. For reference, the previous week, cars decreased by -0.81%. The volume-weighted, overall
Poll Would you purchase a vehicle that’s been involved in an accident (PDF) Poll/ Survey Results Respondents: 2,870 Question: Would buy a wrecked and repaired Vehicle? Answer: Yes 12% Yes, but with a very large discount 51% Yes, only if it had minor damage 7% No, Never 25% Unsure,
Top 10 Vehicles By Warranty Repair Cost The table below lists service and warranty costs compiled from actual service records. The report measures money spent by owners and manufacturers of vehicles from model years 2018-21 after 12 months on the road, covering more than 16 million vehicles across 351 models
Top 10 Luxury Vehicle Registrations 2021 vs 2020 Tesla increased sales by 75% from 2020 to 2021 and is on the brink of overtaking BMW as the #1 luxury brand volume automaker in the US. The table below shows new vehicle registration in the US in 2021 compared to 2020.
The Correct Tire Pressure According to Vehicle Type Many people are not certain whether their tires are at optimum pressure, and this is more alarming than it may sound. Running your car with the wrong tire pressure can lead to life-threatening situations while on the road. Your tires are what
November 2021 Automotive Market Update Activity on the lanes slowed down last week, with the Thanksgiving holiday reducing the availability of inventory and the number of buyers actively bidding. Some consignors are known to save their inventory for after the holiday, so we anticipate an increase in volume on the
The price of used cars and trucks rose by almost a quarter between September 2020 and September 2021. The index for all items less food and energy rose 4.0 percent over the past 12 months. The index for used cars and trucks increased 24.4 percent over the same time. Used
August 2021 Automotive Market Update Wholesale values declined for the seventh week in a row, but sales rates increased as sellers adjusted floors in reaction to the softening market. On a volume-weighted basis, the overall Car segment decreased -0.58%. All three van segments had gained this past week, with
Specialty market Highlights for August 2021: In Powersports, values this month are both of the water-based segments, Personal Watercraft and Jet Boats, and Scooters. The values of used RVs sold at wholesale auctions rose across the board once again last month. In Collectible Cars, the collector car community is looking forward
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Automotive Market Insights – 7/13/2021 Wholesale Prices, Week Ending July 10th Wholesale car values continue to decline after an enormous 22-consecutive week of gains; however, sales conversion rates were also down last week. Car dealers selling cars at auction are expected to begin the gradual and moderate reduction of
The 2021 Vehicle Depreciation Report Covers the Following Topics: What will drive vehicle depreciation in 2021? Where is the Wholesale Value Index projected to go in 2021? U.S. Auto Outlook for 2021 Key Points: Auto Depreciation Slows in 2020 Full-Size Trucks and Luxury Segments Outperformed Expectations Residual Forecasts Projected to
A quick recap of Auto industry-related headlines for June 2021 Wholesale prices remain strong, however, there are signs of softening in the market this week, as prices of newer used vehicles seem to be hitting a ceiling. Cars segments at +0.75% are the lowest weekly gain in seventeen weeks and
The Used Car Price Inflation of 2021 Our company appraises hundreds of vehicles a month and we’ve noticed a steady rise in vehicle values. The same car is worth more today than it was a year ago. Below is a pricing analysis of the top 5 vehicles we’ve appraised so
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