Larger-than-normal increases distinguished last week's market.

Black Book was monitoring the effect of trade tariffs and consumer tax refunds on used-vehicle prices.

Black Book was monitoring the effect of trade tariffs and consumer tax refunds on used-vehicle prices.

Black Book was monitoring the effect of trade tariffs and consumer tax refunds on used-vehicle prices.

Q4 data show they figure largely in the transactions with their significant cost savings.

Q4 data show they figure largely in the transactions with their significant cost savings.

Q4 data show they figure largely in the transactions with their significant cost savings.

Signs of the nearing spring appeared in wholesale market last week.

Consumer Reports largely favors electrified models in the recommendations.

Consumer Reports largely favors electrified models in the recommendations.

Consumer Reports largely favors electrified models in the recommendations.

Survey finds little deviation in adoption once consumers make the switch.

Survey finds little deviation in adoption once consumers make the switch.

Survey finds little deviation in adoption once consumers make the switch.

Subcompact cars have consistently seen high depreciation, including last week.

Subcompact cars have consistently seen high depreciation, including last week.

Subcompact cars have consistently seen high depreciation, including last week.

Incentives drive streak as dealer profits keep falling from pandemic-era highs.

Incentives drive streak as dealer profits keep falling from pandemic-era highs.

Incentives drive streak as dealer profits keep falling from pandemic-era highs.

Cox forecast foresees tepid growth and a CPO decline.

Cox forecast foresees tepid growth and a CPO decline.

Cox forecast foresees tepid growth and a CPO decline.

The subcompact and midsize car segments saw large declines last week.

Settle in a normal January decline after particularly hot December sales.

Settle in a normal January decline after particularly hot December sales.

Settle in a normal January decline after particularly hot December sales.

Most buyers still close their auto purchases at the store, though online shopping is rising.

The estimated used retail days-to-turn is now at about 44.

Depreciation proved normal for the early part of the year last week.

Wholesale market is stabilizing, based on last week's activity.

Wholesale market is stabilizing, based on last week's activity.

Wholesale market is stabilizing, based on last week's activity.

Forecast predicts consumer spending will hit a record for January.

Forecast predicts consumer spending will hit a record for January.

Forecast predicts consumer spending will hit a record for January.

Auction inventory increased last week, conversion rates were high, and depreciation slowed.

Electric models, though, made headway last year in the rankings.

Electric models, though, made headway last year in the rankings.

Electric models, though, made headway last year in the rankings.

Commercial vehicles are the silent profit driver for dealerships.

Commercial vehicles are the silent profit driver for dealerships.

Wholesale auction activity revived last week after the holiday slowdown.

Cox forecasts they’ll do as well this year despite expected obstacles.

Cox forecasts they’ll do as well this year despite expected obstacles.

Cox forecasts they’ll do as well this year despite expected obstacles.

2024 saw shift in consumer preferences toward individuality, desire for stability.

2024 saw shift in consumer preferences toward individuality, desire for stability.

2024 saw shift in consumer preferences toward individuality, desire for stability.

Small 2024 shift shows they may have stopped declining from pandemic-era inflation.