Appraiser Blog

Auto Incentives and Rebates Week Ending Jun 10, 2023

Auto Incentives and Rebates Week Ending Jun 10, 2023 (PDF) Welcome to our highly anticipated weekly report on the most enticing auto incentives and rebates currently available! Whether you’re in search of a sleek new car, a rugged truck, or a versatile SUV, we’ve got you covered with the latest

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2021 Chevrolet Colorado Loss in Value Case Study

2021 Chevrolet Colorado Loss in Value Case Study (PDF) The 2021 Chevy Colorado and its counterpart, the GMC Canyon, offer practicality and versatility in a mid-size pickup. They excel in towing and payload ratings while being more maneuverable than full-size trucks. The Colorado offers three engine options, including a quick

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Auto Incentives and Rebates Week Ending May 20, 2023

Auto Incentives and Rebates Week Ending May 20, 2023 (PDF) Welcome back to our exclusive weekly roundup of the hottest auto incentives and rebates available this week! Whether you’re on the hunt for a sleek new car, a rugged truck, or a versatile SUV, we’ve got the inside scoop on

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Auto Market Update Week Ending May 6, 2023

Auto Market Update Week Ending May 6, 2023 (PDF) For the first time since early February, the auto market declined last week. Two weeks ago, the 8-16-year-old units began to soften. Last week, they dropped by -0.15%. Last week, the 2-to-8-year-old vehicles declined by -0.10%, while the 0-2-year-old vehicles remained

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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 Incentives and Rebates Week Ending May 6, 2023

Auto Incentives and Rebates Week Ending May 6, 2023 (PDF) Welcome to our weekly update on the latest auto incentives and rebates. This edition covers the retail incentives available until May 9th, with major automakers such as Ford and Toyota Motor North America offering exciting new deals. Keep in mind

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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 Incentives and Rebates Week Ending Apr 29, 2023

Auto Incentives and Rebates Week Ending Apr 29, 2023 (PDF) Welcome back to our weekly round-up of the latest auto incentives and rebates that are currently available in the market. This edition focuses on the retail incentives that will be valid until April 29th. No matter whether you’re interested in

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Used Cars That Appreciate Despite a Softening Market

Used Cars That Appreciate Despite a Softening Market (PDF) Typically, automobiles don’t appreciate value. However, in 2022, the global market experienced an unprecedented shift, causing pre-owned cars to trade for an average of 8.5 percent more than new cars. Fortunately, the market has since returned to normal, and this is

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South Florida Flood Leaves Cars Under Water

South Florida Flood Leaves Cars Under Water (PDF) South Florida has been hit by heavy rainfall in recent days, causing flooding in many low-lying areas and neighborhoods. Temporary pumps were deployed in various locations, but some areas still experienced minor flooding, such as Edgewater. The situation has resulted in cars

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The Rise of Credit Unions in the Auto Financing Market

The Rise of Credit Unions in the Auto Financing Market (PDF) Credit unions are expected to remain strong competitors in the auto financing market in 2023, following their exceptional performance in 2022. During Q4 of 2022, credit unions originated 27% of all auto loans and leases, making them the largest

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Auto Incentives and Rebates Week Ending Apr 8, 2023

Auto Incentives and Rebates Week Ending Apr 8, 2023(PDF) A summary of retail incentives for the week ending April 08 is provided in the table below. We didn’t have major changes compared to the previous week, with only Mazda making the most significant ones. Programs may vary by region and

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2023 Georgia Emissions Requirements

2023 Georgia Emissions Requirements (PDF)   Important information about your vehicles’ 2023 emissions inspection: Get your test done early: In Georgia, the Clean Air Force recommends having your vehicle inspected four to six weeks before the registration renewal date, the birthday of the vehicle owner. Ongoing maintenance: Maintain your vehicle

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Auto Market Update Week Ending Mar 11, 2023

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,

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Auto Market Update Week Ending Mar 4, 2023

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

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U.S. Car Sales Exceeded Expectations in February

U.S. Car Sales Exceeded Expectations in February (PDF) The demand from both consumers and fleet customers remained strong in February, but automakers are facing a balancing act to maintain profitability with severely underutilized factories. The new vehicle market has reacted well this month, recording sales growth compared to 2022. This

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2022 Nissan Altima Loss in Value Case Study

2022 Nissan Altima Loss in Value Case Study (PDF) As a mid-size sedan, the Nissan Altima fills a void between less desirable and more desirable alternatives, but it doesn’t have any strong selling points to make it irresistible. Instead, the Altima is distinguished by its attractive styling, comfortable cabin, and

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Inflation Concerns Add Challenges to the Used Car Market

Inflation Concerns Add Challenges to the Used Car Market (PDF)   Even as the Federal Reserve raises interest rates, a surprise spike in used-vehicle prices last month is fueling frustration among US car buyers. As a result of the 2.5% rise in used vehicle prices from December, Manheim said some

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Auto Market Update Week Ending Feb 4, 2023

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

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Auto Suppliers May Face Another Tough Year

Auto Suppliers May Face Another Tough Year (PDF)   We might be in for a fourth year of challenges and setbacks for suppliers. As parts suppliers navigate the uncertainty in the new-vehicle market and the economy, it’s already shaping up to be another bumpy year as inflation and rising interest

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