BLACK BOOK DATA SHOWS LUXURY AND SPORTY CARS SEGMENTS INCREASING IN DEPRECIATION ENTERING NOVEMBER

According to Black Book® data, the average price of a used vehicle for model years 2012-2016 depreciated in value by -1.4% during October. Cars overall dropped -1.8% and trucks decreased -1.1% in value during October. All vehicles are averaging a 12-month depreciation of -13.2%.

For the month of October, Full-Size Pickups saw the best value retention, only depreciating by -0.1%. Vehicles in this segment include the Chevrolet Silverado 1500, Ram 1500, GMC Sierra 1500 and the Ford F-150. Full-Size Pickups ended the month with an average segment price of $24,244, a resilient -4.7% drop from year-ago levels ($25434).

Premium Sporty Cars saw the largest decrease in value last month, depreciating by -2.6%. Vehicles in the Premium Sporty Car segment include the BMW 6-Series, Chevrolet Corvette, Porsche 911, Jaguar F-Type, Mercedes Benz SL-Class and the Lexus RC350. This segment entered November with an average segment price of $39,102. Premium Sporty Cars have depreciated by -17.5% compared to it’s average segment price for the same month last year ($47,404).

Out of all vehicle segments, Prestige Luxury Cars are seeing the highest depreciation over the course of the last twelve months, decreasing in value by -25.0% since November 2016. This segment’s current value is $32,213 but a year ago it was $42,966. Vehicles in this category include the BMW 7-Series, Lexus LS 460, Porsche Panamera, Jaguar XJ, Mercedes Benz S-Class and Audi A8.

“With the hurricane damage replacements continuing, we saw better than usual October depreciation rate. However, with most of the replacement activity behind us, we will start to see seasonal depreciation patterns we end the final quarter of the year,” said Anil Goyal, Senior Vice President of Automotive Valuation and Analytics.

Here is the breakdown of vehicle depreciation during the month of October:

Mk/Mod			11/1/16	10/1/17	1M Chg	11/1/17	3M Chg	12M Chg
Count	Category	Seg	$	$	%	$	%	%

SUMMARY
1,415	All Vehicles		17,120	15,082	-1.4%	14,866	-3.7%	-13.2%

TYPES
775	Car		14248	12216	-1.8%	11998	-4.9%	-15.8%
640	Truck		21061	19016	-1.1%	18801	-2.5%	-10.7%

ORIGINS
165	Domestic Car		12301	10789	-1.1%	10665	-4.4%	-13.3%
296	Domestic Truck		20698	19057	-0.9%	18889	-1.8%	-8.7%
610	Import Car		15173	12894	-2.0%	12631	-5.1%	-16.7%
344	Import Truck		21715	18940	-1.6%	18643	-3.8%	-14.1%

SEGMENTS
48	Premium Sporty Car	PSC	47404	40135	-2.6%	39102	-6.2%	-17.5%
141	Near Luxury Car	NLC	21304	18056	-2.5%	17599	-6.4%	-17.4%
47	Prestige Luxury Car	PLC	42966	32949	-2.2%	32213	-8.2%	-25.0%
71	Mid-Size Luxury CUV/SUV	LMU	28284	23848	-2.0%	23364	-5.7%	-17.4%
80	Sporty Car	SPC	15028	13289	-1.9%	13031	-5.8%	-13.3%
10	Sub-Compact Luxury CUV	LXU	18651	15716	-1.9%	15415	-4.6%	-17.4%
83	Luxury Car	LLC	27096	22365	-1.9%	21947	-7.0%	-19.0%
94	Mid-Size Crossover/SUV	MSU	19762	17744	-1.7%	17435	-3.0%	-11.8%
139	Compact Car	CPC	9824	8716	-1.6%	8577	-3.8%	-12.7%
97	Compact Crossover/SUV	CSU	14207	12764	-1.6%	12564	-1.1%	-11.6%
18	Small Pickup	SPT	23369	21714	-1.5%	21378	-4.6%	-8.5%
44	Compact Luxury CUV/SUV	LCU	25946	21990	-1.5%	21658	-5.6%	-16.5%
104	Mid-Size Car	MSC	11854	10250	-1.5%	10098	-3.8%	-14.8%
12	Sub-Compact Crossover	SXU	13370	11491	-1.4%	11327	-4.0%	-15.3%
29	Minivan	MVW	18129	16171	-1.2%	15974	-3.1%	-11.9%
44	Full-Size Car	FSC	14797	12951	-1.2%	12795	-2.8%	-13.5%
45	Full-Size Luxury CUV/SUV	LFU	43090	36841	-1.2%	36397	-4.2%	-15.5%
50	Full-Size Crossover/SUV	FSU	32222	29476	-0.8%	29242	-2.4%	-9.2%
89	Sub-Compact Car	SBC	7783	6499	-0.8%	6447	-3.5%	-17.2%
78	Full-Size Van	FSV	19608	17532	-0.6%	17426	-1.0%	-11.1%
17	Compact Van	MVC	12435	11067	-0.2%	11042	-1.9%	-11.2%
75	Full-Size Pickup	FPT	25434	24263	-0.1%	24244	-1.3%	-4.7%

About Black Book

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. For more information, please visit BlackBook.com or call 800.554.1026.

BLACK BOOK DATA SHOWS LUXURY AND SPORTY CARS SEGMENTS INCREASING IN DEPRECIATION ENTERING NOVEMBER

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