Automotive Digital Marketing

Professional Community for Car Dealers, Marketing, Advertising and Sales Leaders

Loading... Be Patient!

Market Decline Continues in the New Year

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 shows truck segments with larger depreciation than cars entering the new year. Only one vehicle group, Sub-Compact Luxury Crossovers, maintained its value from last week. Compact Vans performed saw the heaviest depreciation, dropping in value by -1.70%.
"The first week of the year saw used vehicle values continuing to decline at a pace not much different from the average weekly decline in the month of December," said Anil Goyal, Senior Vice President of Automotive Valuation and Analytics.
  • Volume-weighted, overall car segment values decreased by 0.57% last week, slightly better than the average weekly decrease of 0.62% in values over the previous four weeks.
  • The Luxury Car segment decreased in value at the highest rate among all the car segments.
  • Volume-weighted, overall truck segment (including pickups, SUVs, and vans) values decreased by 0.66% last week, slightly worse than the average weekly decrease of 0.62% in values over the previous four weeks.
  • The Compact Van segment decreased in value at the highest rate among all the truck segments.
 

Views: 9

Comment

Oops... You need to stop "Lurking" on ADM and become a more genuine Automotive Professional by completing your membership registration. As a registered ADM Member, you can post comments, publish your own articles (be a star!) and start Forum discussions. Stop being an online "Peeping Tom" and JOIN ADM RIGHT NOW!

Join Automotive Digital Marketing

Automotive Professional Network and Resource Exchange for Car Dealers, Managers, OEM and Marketing Practitioners seeking Best Practices.

Please Consider Automotive Marketing Professional Community Sponsors

ADM Badge

Loading…

Based On Your Interests...

ADM Consulting, LLC

Onsite/Offsite Combination ADM Consulting, LLC Professional Services
Select the maximum monthly investment you plan to make
$USD
Sign up for

Automotive Marketing Tools

Get ADM Toolbar

Click here to take the ADM Member Survey

Getting too many emails from ADM? Click mailbox below to control which types of alerts and updates you are sent......


Instagram

Top Automotive Marketing Forum Discussions

2. Legit Ways to Make Money Online

Posted by GeorgeTod on June 24, 2018

3. Twitter For Car Dealers

Posted by Kevin Lewis on June 27, 2018

Share the Best Content w/AutoMarketing Community

© 2018   Created by Ralph Paglia.   Powered by

ADM Badges  |  Report an Issue  |  Terms of Service