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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 shows most vehicle segments increasing in depreciation during late July. Out of all car and truck segments, Full-Size Pickups retained their value the best only decreasing in value by -0.06%.
“Car values dropped sharply in the last week of July. It was the highest depreciation in car segments in twenty weeks,” said Anil Goyal, Senior Vice President of Automotive Valuation and Analytics.