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 looks at the continuing impact late-year seasonality is having across all car and truck segments. What’s more, the report offers front-line insight from remarketing executives at Ford and General Motors, who both offer a glimpse into auction strategies for key segments, CPO programs and off-lease plans.
“Wholesale values have declined at a relatively high rate in recent weeks, a foreseen trend, caused by the impact of seasonality,” said Anil Goyal, Vice President of Automotive Valuation and Analytics.
- Volume-weighted, overall car values decreased by 0.72% last week, one year ago declined by 0.42%.
- The Entry Level Car and Entry Mid-Size Car Segments saw the largest depreciation this past week with decreases of 1.29% and 1.12%, respectively.
- Volume-weighted, overall truck values decreased by 0.44% last week, one year ago declined by 0.31%.
- Compact Pickup and Compact SUV saw little to no change this past week with -0.01% and 0%, respectively.
Click here to download the full report
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