Auto Market Update Week Ending Apr 1, 2023 (PDF) In another week of larger-than-typical gains, the market increased by +0.51%. The market continues to decline in full-size and compact vans, but the rate of decline is decreasing each week. Nineteen of the twenty-two segments we report on each week had
Auto Market Update Week Ending Mar 25, 2023 (PDF) The market has been better than expected this time of year, with the weekly rate of return similar to what was seen in 2021. However, conversion rates have not returned to their previous levels as sellers are raising their floors and
Auto Market Update Week Ending Mar 18, 2023 (PDF) Last week, the market continued to grow, with gains exceeding what is normally seen at this time of year. It was around this time of year that some segments started moving into positive territory before COVID, but the majority of
Auto Market Update Week Ending Mar 11, 2023 (PDF) During the last week, the market saw its largest single weekly gain in quite some time. The last time we saw a similar gain was in November 2021. Despite abundant activity at the auctions, there were no sales on vehicles,
Auto Market Update Week Ending Mar 4, 2023 (PDF) Vehicle valuations are continuing to increase, as are conversion rates at auctions. Week-over-week increases have reached levels we haven’t seen since the fourth quarter of 2021. Compared to the previous week, the overall Car segment increased by +0.46% volume-weighted. Last
Auto Market Update Week Ending Feb 25, 2023 (PDF) Continuing its upward trend that started three weeks ago, the market gained another 0.21% after gaining 0.14% the week prior. The last time the market gained this much in one week was in May 2022. Compared to the previous week,
Auto Market Update Week Ending Feb 18, 2023 (PDF) Last week, the market gained another 0.14 percent. The 2-to-8-year-old car segment had the largest increase of 0.19%, while the 0-to-2-year-old car segment saw the largest increase of 0.41%. That is the largest increase this segment of vehicles has seen
Auto Market Update Week Ending Feb 11, 2023 (PDF) The overall market reversed its course and returned to the green zone last week, the first time since mid-June 2019. The 0-to-2-year-old units saw bigger gains than their 2-to-8-year-old peers. The former posted an increase of +0.12% while the latter
Auto Market Update Week Ending Feb 4, 2023(PDF) Last week, the market reported the lowest overall depreciation since the end of June 2022, continuing the reduction in weekly depreciation that began a couple of weeks ago. For the first time since early June last year, the Compact Crossover segment
Auto Market Update Week Ending Jan 28, 2023 (PDF) For the second consecutive week, the Sporty Car segment has reported an increase, indicating an early sign of a potential Spring market bump. Additionally, the older, 8-to-16-year-old vehicles report lower depreciation, -0.27%, compared to -0.50% for the 2-to-16-year-olds. Compared with
Auto Market Update Week Ending Jan 21, 2023 (PDF) Before Q3 and Q4, the price declines had begun to accelerate, coming in at a level on par with last July (apart from the weeks around Thanksgiving and Christmas when volume and conversions were down). Compared to the previous week,
Auto Market Update Week Ending December 31st, 2022 (PDF) In a positive development, the overall conversion rate at the auctions improved slightly over last year. With depreciation exceeding the typical yearly rate, values are still well above pre-COVID levels. For comparison, the previous week, cars decreased by -0.49% on
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