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Updates give potential consumer sellers quick access to accurate offers on their car.
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Overall market declines continued last week, but the rate of declined lessened.
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With the approach of Spring and warmer weather in many parts of the country, we are beginning to see some changes in the RV market.
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Declines in wholesale prices continued last week, despite an improvement in conversion rates.
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Seasonally adjusted Retention Index down to 193.0 points in February of 2022 as questions about the strength of the upcoming Spring market remain.
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Wholesale market declines continued last week, but the pace is starting to slow down.
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The Estimated Average Weekly Sales Rate has dropped to 61% this week, after a few weeks at 62%. This is not surprising as wholesale buyers try to anticipate consumer sentiment and wholesale seller behavior.
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The rate of week-over-week declines has accelerated, exceeding the typical seasonal expectations for this time of year.
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For the second month in a row, the average wholesale auction prices of all the major RV market segments declined.
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The Mid-Size Car segment had the largest decline last week, at -0.76%, compared with the prior week’s decline of -0.64%, marking the third consecutive week the segment has reported the largest segment decline.
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