Black Book expects Luxury-Level car segments will feel the largest depreciation through the balance of the year, largely driven by off-lease returns in lease-heavy segments. Luxury segments in this class will include Premier Luxury (BMW 7 Series, Audi A8, Lexus GS/LS, Mercedes-Benz S); Near-Luxury (Audi A4, Mercedes-Benz C, Cadillac CTS, Acura TL); and Luxury Level (BMW 5 Series, Audi A6, Cadillac DTS, Lexus IS, Infiniti M, Lincoln MKS).
Entry-level and small cars will also feel noticeable value drops as a result of significantly low fuel prices and falling demand for these vehicles. Cars in this class include Entry Midsize Cars (Chrysler 200, Ford Fusion, Chevrolet Malibu, Volkswagen Jetta, Toyota Prius); Upper Midsize Cars (Honda Accord, Nissan Altima, Toyota Camry, Kia Optima, Ford Taurus); and Compact Car (Honda Civic, Chevrolet Cobalt, Chevrolet Cruze, Ford Fiesta, Ford Focus).
Two additional segments expected to see higher depreciation include higher end full-size SUV (Nissan Armada, Jeep Commander, Dodge Durango, ford Expedition, Chevrolet Tahoe); and the Compact Crossovers (Jeep Compass, Honda CR-V, Mazda CX-7, Chevrolet Equinox, Ford Escape, Nissan Rogue).
“Fuel prices and off-lease returns will continue to have a noticeable impact on luxury-level and smaller car segments through the remainder of the year,” said Ricky Beggs, Editorial Director of Black Book. “The compact crossovers are experiencing higher than normal depreciation because of the large number of various models available within the segment.”
Black Book® is best known in the automotive industry for providing timely, independent and accurate vehicle pricing information, and is available to industry-qualified users through online subscription products, mobile applications and licensing agreements. A leading provider since 1955, Black Book has continuously evolved to ensure that it achieves its goal of delivering mission-critical information to its customers, along with the insight necessary to successfully buy, sell, and lend. Black Book data is published daily by National Auto Research, a division of Hearst Business media, and the company maintains offices in Georgia, Florida, and Maryland.
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