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AUTO MARKET UPDATE 2025: January is Already Over!

Auto Market Update – January 28, 2025 Crash or Cash? The 2025 auto market is full of twists—wholesale prices stabilize, minivans plummet, and Georgia’s EV inventory surges. But here’s what really matters: If you’ve had a recent accident, your car’s value is bleeding money—even if it’s repaired. In this week’s Auto Market Update, we dissecto the latest

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Auto Market Update 2025: Tesla vs. BYD & Trade War Impacts

Auto Market Update – January 18, 2025 Wholesale Price Trends This Week Last Week 2017–2019 Average in Same Week Car Segments -0.58% -0.75% -0.49% Truck & SUVs Segments -0.56% -0.83% -0.39% Whole Market -0.57% -0.81% -0.43% Car Segments Truck & SUV Segments Inventory and Retail Trends The Used Retail Active

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Auto Market Update 2025: U.S. Tightens Grip on Chinese EVs

Auto Market Update – January 17, 2025 As we step into 2025, the automotive market is experiencing notable developments across various segments. Here’s a comprehensive overview of the latest trends and industry news. Wholesale Price Trends In the final week of 2024, wholesale vehicle prices exhibited stability across both car

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Auto Market Update 2025 – New Year, New Me

Auto Market Update – January 13, 2025 As we step into 2025, the automotive market is experiencing notable developments across various segments. Here’s a comprehensive overview of the latest trends and industry news. Wholesale Price Trends In the final week of 2024, wholesale vehicle prices exhibited stability across both car

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Auto Market Update 2024 – Ready for 2025?

Auto Market Update – December 14, 2024 As we near the end of 2024, the automotive market continues to show steady depreciation patterns across key segments. This week, wholesale vehicle depreciation was slightly higher than the previous week, indicating market stabilization after consistent declines in recent months. Auction sales and

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Auto Market Update 2024 – A New Year on the Horizon

Auto Market Update – December 10, 2024 The first week of December saw a significant increase in market depreciation rates following the brief stabilization observed during Thanksgiving week. Vehicles across various age groups experienced declines, with 2-to-6-year-old vehicles showing a depreciation of 0.37%, compared to 0.31% the prior week. Cars

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Auto Market Update 2024 – December’s 1st Week

Auto Market Update – Week of December 3, 2024 Introduction The first week of December brings steady market dynamics, with moderate depreciation trends, stable auction activity, and efficient inventory turnover. This week also highlights significant industry news, from legendary car collections being sold to Pope Francis’s first electric popemobile and

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Auto Market Update 2024: November’s Last Update

Auto Market Update – November 26, 2024 As we near the end of November, the auto market reflects typical late-year patterns, with depreciation trends stabilizing and a focus on high-demand segments. This week’s highlights include an in-depth look at price trends across segments, the used retail market, and an analysis

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Auto Market Update Week Ending August 24, 2024

Auto market updates are often filled with predictable patterns and familiar trends. But every so often, the numbers reveal shifts that catch even seasoned analysts by surprise. The week ending August 24, 2024, was one of those times. While many continued to grapple with the impact of high interest rates,

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Auto Market Update: Week Ending July 27, 2024

As July comes to a close, the auto market is showing signs of stabilization. The depreciation rates, which had seen significant declines in previous weeks, are now aligning more closely with typical rates for this time of year. Let’s dive into the specifics of the week ending July 27, 2024,

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Auto Market Update Week Ending June 15, 2024

Hey there, car enthusiasts and market watchers! Buckle up, because we’ve got the latest scoop on the auto market for the week ending June 15, 2024. This week, while the market continued its downward trend, the rate of depreciation has thankfully slowed down a bit. So, let’s dive into the

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Auto Market Update Week Ending May 25, 2024

Wondering how the auto market is shaping up as we head into the summer? Well, you’re in the right place! This week’s update uncovers some intriguing trends that most websites gloss over. Let’s dive into the data and see what’s happening in the world of cars and trucks. Auto Market

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2022 GMC Canyon Diminished Value Case Study

Accidents happen, and when they do, they can really hit you in the wallet, especially if you own a vehicle like the 2022 GMC Canyon Denali. When a car gets damaged and repaired, its market value usually takes a hit. This decrease in value is known as diminished value. In

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Auto Market Update Week Ending May 18, 2024

The auto market for the week ending May 18, 2024, is marked by a sense of stability with subtle yet significant shifts that paint a detailed picture of current trends. While overall prices remain steady, a closer look reveals interesting dynamics across various segments. Auto Market Update Week Ending May

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Auto Market Update Week Ending May 04, 2024

As the sun dips lower each evening, casting longer shadows over the bustling streets, so too does the automotive market hint at a shift with the arrival of spring’s twilight. This week, as families unpack picnic baskets and adventurers dust off their hiking boots, the auto industry reflects a different

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Auto Market Update Week Ending March 16, 2024

Spring is finally here, and just like the weather, things in the car world are starting to heat up, too. Let’s imagine we’re at a car auction. People are buzzing around, cars are being sold, and there’s a sense of excitement in the air. This is a lot like what’s

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Auto Market Update Week Ending March 09, 2024

As the first rays of the March sun thaw the remnants of winter’s chill, the automotive market, much like the resilient early spring blooms, is showing signs of vigorous life and renewal. Amidst this season of rejuvenation, the narrative of the week ending March 09, 2024, unfolds, revealing a tale

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Auto Market Update Week Ending Feb 24, 2024

Imagine, if you will, a vast ocean, its surface mirroring the ever-changing skies above. This ocean is not filled with water, but with cars and trucks, each wave representing the fluctuations of the automotive market. Just like sailors navigating through calm and stormy weather, dealers and investors keep a keen

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Auto Market Update Week Ending Feb 03, 2024

The auto market’s performance in the week ending February 3rd, 2024, brings a sense of stability that has been missing over the past few years. After a period marked by significant volatility, the latest figures suggest a gradual return to more predictable patterns. This update looks into the specific trends

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Auto Market Update Week Ending Jan 06, 2024

As the calendar page turns to 2024, the auto market tiptoes into the new year, much like a cautious explorer stepping into uncharted territory. Gone are the days of frenetic auction scenes that characterized the past, replaced now by a more measured tempo as January unfolds its first chapter. This

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