9/10/2024 Weekly Market Updates

9/10/2024 Market Update

Here is a quick recap of industry related headlines over the last week:

• The market continues to deviate from seasonal norms, with another week of increasing wholesale values.
• Ten of the twenty-two vehicle segments tracked by Black Book reported value increases last week. Meanwhile, a majority of the luxury segments continue to decline.
• The estimated Used Retail Days-to-Turn is now at roughly 44 days.
• The auction conversion rate last week’s rate was 59%, no change from the previous week.

Read this week’s report to find out more