Cars Performed Better than Light Trucks Last Week

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 Black Book Market Insights report shows car segments retaining their values better than truck segments as a whole. However, the vehicle that held its value best out of all segments was the Compact Van, relatively unchanged at -0.01% on the week.

“Luxury brand cars have shown higher drops in value on a percentage basis in the recent weeks in comparison to mainstream brand cars,” said Anil Goyal, Senior Vice President of Automotive Valuation and Analytics.

·       Volume-weighted, overall car segment values decreased by 0.31% last week, lower than the depreciation rate of 0.43% seen in the previous four weeks.

·       Prestige Luxury Car and Near Luxury Car segments declined the most by 0.94% and 0.57%, respectively.

·       Volume-weighted, overall truck segment (including pickup, SUVs and vans) values decreased by 0.43% last week, higher than the depreciation rate of 0.36% seen in the previous four weeks.

·       Full-Size Luxury Crossover/SUV and Small Pickup segments declined the most by 0.80% and 0.63%, respectively.

Click here to download the full report.