Minivans and Compact Vans See Improved Values

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full report.

This week’s Market Insights Report shows how cars overall held better retention than trucks this past week, with Sporty Cars again increasing slightly. The report also shows the latest two-year retention trends for Compact Cars, which have actually remained stable compared to last year.

“The used vehicle market values remain unusually strong. The depreciation rates last week were the lowest in eight weeks,” said Anil Goyal, Executive Vice President, Operations.

  • Volume-weighted, overall car segment values decreased by just 0.09% last week. In comparison, the values had decreased at a rate of 0.30% per week during the previous four weeks.
  • Among car segments, Prestige Luxury Car values decreased the most last week.
  • Volume-weighted, overall truck segment (including pickups, SUVs, and vans) values decreased by 0.19% last week. In comparison, the values had decreased at a rate of 0.28% per week during the previous four weeks.
  • Among truck segments, Full-Size Crossover/SUV values decreased the most last week.

 

Click here to download the full report.


by Black Book via Everyone's ADM Blog Posts - Automotive Digital Marketing

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