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Broad Declines in Car and Truck Segments

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. The Black Book Market Insights report this week continues to take a look at the depreciation trends of specific Volkswagen diesel vehicles affected by the recent emissions/software situation. The report shows that since September 18, each vehicle has displayed a higher level of depreciation compared with its competitive gas models: Golf Diesel: -8.7% Gas Models: -3.7% Jetta Diesel: -13.8% Gas Models: -3.7% Beetle Diesel: -9.3% Gas Models: -3.2% Passat Diesel: -13.5% Gas Models: -2.8 The Market Insights report also provides a look at the depreciation trends comparing Full-Size Pickups with Compact Cars (see chart below). “This past week we saw a steep decline in the market impacting most segments with only a few bright spots in some segments.” Said Anil Goyal, Vice President of Automotive Valuation and Analytics. • Overall, the volume-weighted car values decreased by 0.63% last week. This is similar to the average weekly depreciation seen in the previous four weeks. • Car segments that performed relatively well last week include Upper Mid-Size Car and Premium Sporty Car declining by only 0.26% and 0.28%, respectively. • Overall, the volume-weighted truck values decreased by 0.62% last week. This is much higher than the average depreciation rate of 0.35% seen in the previous four weeks. • Truck segments that performed relatively well last week include Compact SUV and Mid-Size Pickup declining by only 0.07% and 0.19%, respectively. Click here to download the full report.

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