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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 Black Book Market Insights report offers insight into last week's vehicle retention trends, where a handful of truck segments showed strong retention versus that of cars. What's more, the report illustrates segment retention strength, with Compact Crossover SUVs showing significant price strength against the rest of the market.
"Depreciation increased on both cars and light trucks. Car segments saw the highest weekly depreciation in seven weeks; however, prices in the Houston-area market remain elevated," said Anil Goyal, Senior Vice President of Automotive Valuation and Analytics.