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Automotive Market Update for October 2022

Automotive Market Update for October 2022(PDF) The market keeps declining considering the time of the year. Last week, the 8-to-16-year-old cars depreciated by 0.63%, while the 2-to-8-year-old vehicles declined by 0.76%. Overall, the car segment decreased 0.89%. For reference, last week cars decreased 1.11%. Three segments reported declines more than

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Auto Buyers Confidence Remains at a Historic Low

The Market Experiences Significant Declines Large market declines continued last week, exceeding the levels that are expected for this time of year. Luxury segments continued to experience severe depreciation last week. The Prestige Luxury Car segment reported the largest decline at -2%, following the prior week’s already large decline of

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August 2021 Automotive Market Update

August 2021 Automotive Market Update   Wholesale values declined for the seventh week in a row, but sales rates increased as sellers adjusted floors in reaction to the softening market. On a volume-weighted basis, the overall Car segment decreased -0.58%. All three van segments had gained this past week, with

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Market Observations Report – June 2019

Market Observations Report – June 2019 Cars declined greater than trucks. Day Supply for Full-Size Pickups is at a 4-year high.  Used pickup values remain high. Incentives/Rebates are likely to increase on new trucks due to high supply. Volume-weighted, overall car segment values decreased by 0.31% last week of May

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Lexus LS Generations 2002 to 2019

The Lexus LS (Luxury Sedan) was introduced to the US in the mid-1990’s as a competitor to the BMW 7 series and the Mercedes S class. Below are the different model year changes from 2002 to 2019 including base price. Lexus LS Generations 2002 to 2019 – Specs, Prices and

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