Used Vehicle Retention Rises - usedcarnews.com

Used Vehicle Retention Rises Black Book on Dec. 4 released its Used Vehicle Retention Index for November 2024.The seasonally adjusted Index increased 0.5% (0.7 points) to 147.8 from …

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Used Vehicle Retention Rises - Usedcarnews.com

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Used Vehicle Retention Rises Black Book on Dec. 4 released its Used Vehicle Retention Index for November 2024.The seasonally adjusted Index increased 0.5% (0.7 points) to 147.8 from …

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Black Book’s Used Vehicle Retention Index Increased In December

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Jan 6, 2025 · Black Book’s Seasonally Adjusted US Retention Index rose for the fifth consecutive month, slightly increasing by 0.1%, compared to the increase of 0.5% in November. …

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Used Vehicle Prices Expected To Continue To Stabilize In 2025 After ...

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Jan 8, 2025 · This year’s increase would compare with a 0.4% rise in 2024 following drops of 7% and nearly 15% in 2023 and 2022, respectively, from inflated prices during the Covid-19 …

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2025 Auto Market: Affordable New Car Inventory Rises, Used Car …

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Jan 17, 2025 · 2025 auto market: affordable new car inventory rises, used car supply shrinks Supply levels of new cars priced at or below $30,000 skyrocketed 64% in 2024. (4 min. read) …

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Black Book Used Vehicle Retention Index Rises - Usedcarnews.com

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Apr 7, 2023 · Black Book Used Vehicle Retention Index Rises Black Book’s Used Vehicle Retention Index for March 2023 increased 2.9% (4.9 points) to 175.7 from February 2023, …

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A Resilient Used Car Market - Fleetworld.co.uk

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1 day ago · Used car values are expected to rise by approximately 1.5% in February, supported by strong demand and slightly reduced supply. The market continues to benefit from the …

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Black Book Used Vehicle Index Rises - Usedcarnews.com

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The Used Vehicle Retention Index for June 2022 increased to 191.5 points, a 2.8-point (or 1.5%) gain. The Index currently stands 15% above where it was at the same time in 2021 and 67% …

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Black Book Used Vehicle Index Rises - Used Car News

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Jul 8, 2022 · Black Book Used Vehicle Index Rises By Staff Writer July 08, 2022 font size ... The Used Vehicle Retention Index for June 2022 increased to 191.5 points, a 2.8-point (or 1.5%) …

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FAQs about Used Vehicle Retention Rises - usedcarnews.com Coupon?

How do new cars affect the used market?

The pricing and availability of new cars often ripple into the used market. If new cars remain expensive or hard to find, buyers may continue turning to used options, sustaining demand and prices. Consumer preferences are shifting toward electric vehicles (EVs) and affordable options. ...

Why are used cars so expensive?

Consumers looking for budget-friendly alternatives may increase demand for used cars, which could further strain limited inventories. Economic factors also play a role. Higher costs for necessities like food and housing may prompt consumers to prioritize value in the used car market, leading to increased competition. ...

Are wholesale used car prices the lifeblood of car dealers?

That being said, wholesale used car prices are the lifeblood of car dealers, and the used car price trends we saw on the wholesale side in 2021 were truly unfathomable. While retail used car prices increased ~36% in 2021, wholesale used car prices rose 52%. There is an obvious interplay between wholesale and retail prices. ...