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Black Book data shows rise in used truck values

Autoweek reported today that Black Book data for February shows only four of the 14 styles of trucks dropped in value when compared with February 2012, with all other used trucks showing an increase during the same time frame.

According to the article, compact SUVs jumped a whopping 17.2 percent, with full-size cargo vans, full-size SUVs and pickups posting increases of 9.4, 8.4 and nearly 5 percent, respectively.

It will be interesting to see if fuel prices crossing the $4 per gallon threshold again affects values, but for now, buyers seem to be stepping up, and so will dealers if they want these vehicles on their lots.

Information source: Autoweek

Photo credit: Tom LaPointe / CarChat24


 

Tom LaPointe
CarChat24

Interactive Media Manager / Industry Analyst

http://www.carchat24.com/
24/7 Interactive Automotive Dealer Website Chat Solutions
Hosted or In-House Options – FREE web chat software
727-638-0195

Tom is an automotive writer and author with more than 15 years experience in virtually every aspect of the retail auto industry, from sales and service, to web development and viral marketing.

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Tags: ", Black Book, CarChat24, Tom LaPointe, car sales, live chat, pickup sales, suv sales, truck sales, used car values

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