Alex Yurchenko of Black Book discusses the current state of the used-vehicle market, whether used-vehicle pricing has peaked, and forecasting the market going into 2022 in this State of the Fleet Industry Spotlight.
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The latest trends in key indicators suggest wholesale used vehicle values will continue to see depreciation in the days ahead.
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Cox Automotive Commentary: The third quarter will be the industry’s toughest in 2021, and our analysts are forecasting second-half sales to finish below first half.
Read More →Are used-vehicle prices finally decelerating? Find out this and how much of an impact used-vehicle prices are having on the rest of the market in this episode of State of the Fleet Industry.
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Survey: Car dealers are most optimistic when traffic is good, profits are strong, and when new and used vehicles prices are high.
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Demand has been healthy, inventories tight, and dealers have felt little pressure to lower prices.
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Commentary: A deluge in demand and a drought in supply are roiling the market.
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Automotive Fleet analyzes fleet purchasing inclinations, the variables impacting fleet costs, and skyrocketing resale values in this episode of State of the Fleet Industry.
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The average listing price surpassed the $22,000 mark for the first time ever in April, closing the month at a new high of $22,568.
Read More →Hear what fleet managers are saying about vehicle availability constraints, how their extending vehicle service lives, and the used-vehicle market in this episode of the State of the Fleet Industry.
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