Eleven of the 13 truck segments reported increases last week.
The used retail active listing volume index reverted back to one at the start of 2023. Currently, the index sits at 0.95 points.
The market continues to outperform what's traditionally seen this time of year, with the weekly rate of gain taking us back to 2021.
The market continued to experience growth last week, with gains far exceeding what is typically seen this time of year.
Used-retail active listing volume index index sits at 0.99 points.
The first week of March started off as expected with sales rates continuing to increase across the country.
Now in week three of February, we continue to see the wholesale market improving.
The reduction in weekly depreciation that started a couple of weeks ago continued again last week, with the market reporting the lowest overall depreciation we have seen since the end of June 2022.
Early signs of a potential Spring bump in the market are starting to emerge with the Sporty Car segment reporting an increase for the second consecutive week.
Last week, wholesale price declines lessened, coming in at a level on par with last July (apart from the weeks around Thanksgiving and Christmas when volume and conversions were down), before the declines began to accelerate for Q3 and Q4.
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