BLACK BOOK: COVID-19 Market Update
Black Book recently published an update to their COVID-19 Market Updates.
Black Book recently published an update to their COVID-19 Market Updates.
BLACK BOOK: Black Book recently published an update to their COVID-19 Market Updates, which includes:
Current Wholesale Prices & Price Trends, including Auction Insights & Sales Rates
Used Wholesale Price Trends & Projections, including a Near Luxury Cars Segment Highlight & Forecasted Economic Scenarios
A Look at the Retail Vertical, including Retail Prices & Dealer Insights
New Vehicle Sales Outlook, including Forecasted Economic Scenarios
Used Vehicle Supply Projections, including Lease & Rental Projections
After weeks of large week-over-week changes, the weekly change settled down to a typical level for this time of the year. Volume-weighted, overall car segment values decreased by -0.16% this past week, as compared to –0.41% the week before (–0.05% during the same week in 2019). Trucks and SUVs depreciated -0.62% during the past week, which is an improvement over the previous week of -0.76%. Overall, we saw the market depreciating -0.46% this week, compared to -0.63% the week before.
You can view the full report here.
Read: NIADA Survey: Independent Dealers Getting Back to Business
Originally posted on F&I and Showroom
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