Conditions have shifted to favoring buyers, but with tight supply, the market is not far from being balanced between buyers and sellers.
A widespread auction data report points to the key question of: will the overall upside market last?
CAR 2023: What happens when you put four remarketing economists and analysts in one room? Lots of data, predictions, trends, and uncertainty.
All eight major vehicle market segments saw seasonally adjusted prices that were lower year over year in January.
A recent auction industry quarterly report shows a mix of up and down indicators that add up to more market balance.
The vehicle scans will check vehicle exteriors, undercarriage components and tires to quickly produce online user-friendly reports that include high-resolution photos.
The used-vehicle market faces a challenging year ahead as demand weakens and supply of nearly new vehicles is particularly constrained.
All eight major market segments again saw seasonally adjusted prices that were lower year over year last month, with compact cars showing the smallest decline.
Declines in Manheim Market Report prices, days' supply, and average daily sales conversion rates are following typical patterns for November.
All eight major market segments saw seasonally adjusted prices that were lower year over year in October.
media brand
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In
