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Weekly Market Report: 4/20/2024 - 4/27/2024

May 1st, 2024 | 5 min. read

Victor H.

Victor H.

Certified Content Writer at Big Valley Auto Auction. Victor likes to mix storytelling and humor into his articles.

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It’s a new week. You’re up-to-date on your favorite weekly TV show. Now it’s time to get back to business.

 

In this article, you’re going to learn how the automotive industry performed during the week of April 20, 2024 - April 27, 2024.

 

What Was the Auto Market Like?

Here are the results of the following vehicle performances:

  • Cars
  • Trucks / SUVs

 

Cars 

Sub-Compact Cars:

Value was down 0.35%

Sold for $27.00 less than the previous week.

 

Compact Cars:

Value was up 0.20%

Sold for $24.00 more than the previous week.

 

Mid-Size Cars:

Value was up 0.02%

Sold for $3.00 more than the previous week.

 

Full-Size Cars:

Value was up 0.20%

Sold for $36.00 more than the previous week.

 

Near Luxury Cars:

Value was down 0.07%

Sold for $15.00 less than the previous week.

 

Luxury Cars:

Value was down 0.33%

Sold for $79.00 less than the previous week.

 

Prestige Luxury Cars:

Value was down 0.11%

Sold for $43.00 less than the previous week.

 

Sporty Cars:

Value was up 0.40%

Sold for $87.00 more than the previous week.

 

Premium Sporty Cars:

Value was down 0.23%

Sold for $136.00 less than the previous week.

 

Other Notable Information

  • Cars 0 - 2 years old sold for 0.06% less than the previous week.
  • Cars 8 - 16 years old sold for 0.15% more than the previous week.

 

Trucks / SUVs

Sub-Compact Crossover:

Value was down 0.10% 

Sold for $13.00 less than the previous week.

 

Compact Crossover / SUV:

Value was down 0.08%

Sold for $11.00 less than the previous week.

 

Mid-Size Crossover / SUV:

Value was up 0.07%

Sold for $15.00 more than the previous week.

 

Full-Size Crossover / SUV:

Value was up 0.25% 

Sold for $73.00 more than the previous week.

 

Sub-Compact Luxury Crossover:

Value was up 0.21% 

Sold for $35.00 more than the previous week.

 

Compact Luxury Crossover / SUV:

Value was down 0.11%

Sold for $24.00 less than the previous week.

 

Mid-Size Luxury Crossover / SUV:

Value was down 0.03% 

Sold for $9.00 less than the previous week.

 

Full-Size Luxury Crossover / SUV:

Value was up 0.02%

Sold for $7.00 more than the previous week.

 

Minivan:

Value was down 0.30%

Sold for $55.00 less than the previous week.

 

Compact Van:

Value was down 0.18%

Sold for $22.00 less than the previous week.

 

Full-Size Van:

Value was down 0.53%

Sold for $116.00 less than the previous week.

 

Small Pickup:

Value was down 0.12%

Sold for $26.00 less than the previous week.

 

Full-Size Pickup:

Value was up 0.13% 

Sold for $34.00 more than the previous week.

 

Other Notable Information

  • 0-2 year old models sold for 0.01% more than the previous week.
  • 8-16 year old models sold for 0.14% less than the previous week.

 

Overall Market 

While there were fluctuations throughout the week, the overall auto market saw an increase of 0.01% from the previous week.

 

How Do I Prepare for Next Week?

The automotive market is always changing. What’s popular this week might not be popular next week. You can check websites like Black Book or call your local auto auction for a weekly market report.

 

If you need an auto auction to keep you up to date, click the button below to speak with our dealer registration specialist to get you registered with Big Valley Auto Auction.

Meet With A Dealer Registration Specialist

Not ready to talk? That’s okay! First, learn more about what it’s like to buy and sell at Big Valley Auto Auction by clicking the image below:

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