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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 Market Insights Report looks at the annual vehicle depreciation in 2018 by segment. The Luxury Car and Near Luxury Car segments had the highest depreciation rate in 2018, while the Compact Car and Sub-Compact Car segments experienced the least depreciation, highlighting the affordability factor driving demand for smaller mainstream used sedans.
“Weekly depreciation dropped to the lowest level in nine weeks. The car segments and light truck segments registered similar depreciation rates last week,” said Anil Goyal, Executive Vice President, Operations, for Black Book.