
The Black Book report from July 24, 2024 shows that the Retail Value of Used Vehicles (2-6 years old) is falling in 2024. That may not be too big of a surprise, but when you compare it to the rate of depreciation of 2022 and 2023, you’ll see that it’s falling even faster than in previous years.The Black Book report from July 24, 2024 shows that the Retail Value of Used Vehicles (2-6 years old) is falling in 2024. That may not be too big of a surprise, but when you compare it to the rate of depreciation of 2022 and 2023, you’ll see that it’s falling even faster than in previous years.

So, what do falling retail prices mean for Rebuilders?
- The price your pay to purchase your next project at auction is critical.
- Know before you go – Use the AutoSavvy Rebuilt Wholesale Pricing Tool to get an estimate before you purchase.
- The time it takes to Rebuild + Retail your project must be taken into consideration.
- Waiting for the right Retail buyer to come along can take months. Consider eliminating the Retail part of this equation and wholesaling your vehicle(s) to retail experts, like AutoSavvy.
Get ahead of depreciation, turn your cash faster, improve your output, & increase your profits. Sell your vehicles to AutoSavvy today.
Happy Rebuilding!