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Auto Market Update Week Ending Feb 18, 2023

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

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Auto Market Update Week Ending Feb 11, 2023

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

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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 Market Update Week Ending Jan 28, 2023

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

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Auto Market Update Week Ending Jan 21, 2023

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,

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Auto Market Update Week Ending Dec 31, 2022

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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