

We saw a similar picture in 2009 at the end of the Great Recession. With economic patterns including the automotive market driven by the pandemic, normal seasonal patterns in the wholesale market, for example, 2019 calendar year, were not observed for most of the last three years. The index is computed keeping the average age of the mix constant to identify market movements.Ĭalendar years 20 ended with used wholesale prices at elevated levels. The graph below looks at trends in wholesale prices of 2- to 6-year-old vehicles, indexed to the first week of the year.


Sporty cars had been on a hot streak, with seven consecutive weeks of increases that averaged +0.47% gain each week.Seven of the nine car segments increased last week.For reference, the previous week, cars increased by +0.46%. On a volume-weighted basis, the overall Car segment increased +0.46%.
