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Annual depreciation forecast for 5%; Auto ABS performance stable in 2021.
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It was another record-breaking week for wholesale prices to finish out the month of March and kick-off the start of April.
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The March Retention Index broke another record, reaching 141 points.
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The market experienced record-breaking price increases this past week, as the supply and demand imbalance continued to drive up wholesale prices.
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The enhanced data provided will allow dealers and consumers to avoid killing a deal over a trade-in value.
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The market continues to see consistent week-over-week growth in wholesale values, as the additional round of stimulus spurred retail demand and sent dealers to the auctions.
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Black Book released their weekly automotive Market Insights report.
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Updates improve dealer engagement and support.
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Black Book recently published an update to their weekly Market Update.
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February saw another record broken with the Index reaching 130 points for the first time.
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