Appraiser Blog

Auto Market Update Week Ending Oct 21, 2023

Revving Up the Weekly Auto Market Review: Ending October 21, 2023 Auto Market Update Week Ending Oct 21, 2023 (PDF) In a period of prolonged uncertainty driven by the United Auto Workers (UAW) strike, the auto market finds itself in a holding pattern, with industry players adopting a cautious “wait-and-see”

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Auto Market Update Week Ending Sep 9, 2023

Auto Market Update Week Ending September 13, 2023 (PDF) This week in the auto market has been one filled with anticipation and uncertainty as the industry awaits news of a possible UAW strike and its potential impact. The market’s depreciation rate, which had been on a rapid decline, showed signs

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Auto Market Update Week Ending Sep 2, 2023

Auto Market Update Week Ending Sep 2, 2023 (PDF) In the ever-evolving automotive landscape, this week’s market update paints a picture of accelerated depreciation, despite a surge in auction activity. The specter of a potential UAW strike looms large, with industry players closely monitoring developments that could reshape the industry

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Auto Market Update August 2023

Auto Market Update Week Ending Aug 26, 2023 (PDF) In the ever-evolving landscape of the automotive market, the past week provided some intriguing insights. While wholesale declines persisted, there emerged a glimmer of hope as the pace of depreciation exhibited signs of moderation, receding below the 1% mark for the

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Auto Market Update Week Ending Aug 19, 2023

Auto Market Update Week Ending August 19, 2023: Wholesale Price Trends and Insights (PDF) In the dynamic landscape of the auto market, the week ending August 19th showcased intriguing shifts, as reflected by the wholesale price data. This update encapsulates the trends, fluctuations, and notable observations within the realms of

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Auto Market Update Week Ending Aug 05, 2023

Auto Market Update Week Ending August 5th, 2023: Unveiling Market Shifts (PDF) In a captivating twist of events, the automotive market encountered a seismic shift in the first week of August, sending ripples across wholesale prices and igniting discussions about the industry’s trajectory. After a triumphant three-month stretch of intensified

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Auto Market Update Week Ending Jul 29, 2023

Auto Market Update Week Ending Jul 29, 2023 (PDF) After several weeks of significant declines, the automotive market seems to be finding its footing, with certain segments showing signs of stabilization. Let’s take a closer look at the key highlights from this week’s wholesale price update.   This Week Last

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Auto Market Update Week Ending Jul 22, 2023

Auto Market Update Week Ending Jul 22, 2023 (PDF) Welcome to our weekly Auto Market Update, where we delve into the latest trends and developments in the automotive industry. In this edition, we’ll be focusing on the wholesale prices for the week ending July 22nd, 2023, as well as highlighting

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Auto Market Update Week Ending Jul 8, 2023

Auto Market Update Week Ending Jul 8, 2023 (PDF) In the aftermath of the recent holiday, the auto auction scene witnessed a decrease in both the number of vehicles offered for sale and the number of bidders vying for inventory. While valuations continued their decline, the rate of decrease remained

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Auto Market Update Week Ending Jul 1, 2023

Auto Market Update Week Ending Jul 1, 2023 (PDF) In the ever-evolving world of the automotive market, the past week witnessed a continuation of declines across all segments. The overall market rate of weekly depreciation showed a gradual increase, marking the ninth consecutive week of downturns. Both sellers and buyers

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Auto Market Update Week Ending Jun 24, 2023

Auto Market Update Week Ending Jun 24, 2023 (PDF) In the automotive market, dealers are exercising caution in their purchasing decisions, resulting in a gradual increase in days to turn and a downward trend in auction sales rates. While retail listing prices have yet to mirror the wholesale decline, it’s

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Auto Market Update Week Ending Jun 17, 2023

Auto Market Update Week Ending Jun 17, 2023 (PDF) In the latest auto market update for the week ending in 2023, wholesale values continued their decline, exhibiting only slight deviations from what is typically observed during this time of year. With the exception of the Small Pickups segment, all other

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Auto Market Update Week Ending Jun 3, 2023

Auto Market Update Week Ending Jun 3, 2023 (PDF) Welcome to our latest Auto Market Update! In this week’s report, we’ll delve into the recent performance of the market, highlighting key trends and notable developments. Last week, the auto market witnessed a decline of 0.31%, exceeding the usual drop of

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Auto Market Update Week Ending May 27, 2023

Auto Market Update Week Ending May 27, 2023 (PDF) Last week witnessed a further decline in the market, especially in the Truck segments. Notably, the rate of depreciation accelerated, leading to the most significant weekly drop since late January this year. The Full-Size Van segment also experienced a substantial decline,

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Auto Market Update Week Ending May 20, 2023

Auto Market Update Week Ending May 20, 2023 (PDF) In the overall market, declines continued last week, with only a few segments showing small increases. As with other segments of the market, 2-to-8-year-old vehicles declined -0.13% last week. 0-2-year-old vehicles declined -0.12%, and 8-to-16-year-old vehicles declined -0.17%. The overall Car

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Auto Market Update Week Ending May 13, 2023

Auto Market Update Week Ending May 13, 2023 (PDF) Auto Market declines continued this week, down -0.15%, not far from what we’d typically see at this time of year for seasonal declines. The pre-COVID market averaged a decline of -0.20%. Last week, only two of the nine Car segments increased.

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2019 Chrysler Pacifica Loss in Value Case Study

2019 Chrysler Pacifica Loss in Value Case Study (PDF) The 2019 Chrysler Pacifica is a modern minivan that excels in providing ample space and impressive features. With seating for up to seven passengers (expandable to eight with an optional second-row bench), it offers room for families and their belongings. The

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Auto Market Update Week Ending Apr 29, 2023

Auto Market Update Week Ending Apr 29, 2023 (PDF) Market gains continued last week, but at a slower rate than they have been for the past few weeks. Seven of the twenty-two segments we track reported declines last week, the highest number since mid-February for segments reporting declines. The market

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Auto Market Update Week Ending Apr 22, 2023

Auto Market Update Week Ending Apr 22, 2023(PDF) Sporty Cars still reported some of the largest gains last week, while the market continued to report increases. In 2019, the segment had only recorded nine consecutive weeks of gains during the traditional spring market, but this season, the segment has recorded

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Auto Market Update Week Ending Apr 15, 2023

Auto Market Update Week Ending Apr 15, 2023 (PDF) Although values continued to rise last week, the rate of gain has slowed. Additionally, auction conversion rates are weakening as sellers have held firm on their floors. With fewer bidders tuning into many lanes, auctioneers are having to work a little

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