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All Car Segments Declined While Pickup Trucks Held 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.

 

Given the time of year, Black Book editors are beginning to notice a healthy amount of 2015 model-year vehicles entering the auction lanes. This is in line with typical seasonal patterns, especially as dealers begin to prepare their inventory for 2016 models, which are expected to arrive in just a few short weeks. For this past week of auction activity, Upper Mid-Size Cars, Entry Mid-Size Cars and Luxury Level Cars led with the highest weekly price declines.

 

“Car segment values continue to decline at a steady pace while most pickup and SUV truck segments enjoy strong retention,” said Anil Goyal, Vice President of Automotive Valuation and Analytics.

 

  • Overall, the volume-weighted car values decreased by 0.41% last week, in line with the average depreciation rate over last 12 weeks.
  • All car segments declined in value led by Upper Mid-Size Car, Entry Mid-Size Car and Luxury Level Car segments at 0.62%, 0.54% and 0.55%, respectively.
  • Overall, the volume-weighted truck values decreased by 0.31% last week, higher than the average depreciation rate of 0.16% over last 12 weeks.
  • Compact Pickup and Mid-Size Pickup segments led the truck segments with strong value retention.
  • More 2015 model year vehicles are now starting to appear in auctions. Take a look at our latest value updates on this model year.

 

 

Click here to download the full report.

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