Black Book Reports
It is common for values to rise during this time of year, but what made this March unusual was the sheer magnitude of the increases. Several factors contributed to this anomaly. Discussions surrounding potential tariffs created market uncertainty, while expectations...
Black Book Reports
In April, the market showed significant changes influenced by new tariffs. Wholesale valuations rose sharply, reminiscent of the increases seen during the pandemic, and conversion rates fluctuated as sellers held firm on floor values. The month marked a milestone with...
Black Book Reports
Spring typically brings gains in the market, but this year’s spring market stood out due to the level of increases. The tariffs implemented in April triggered a frenzy, as buyers rushed to secure inventory, anticipating higher prices for new cars and reduced supply...