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. This edition also includes the monthly Specialty Markets report. Click here to download the full report.

The Black Book editors saw a few interesting changes during the July 4^th holiday week, especially with large declines in the Crossover segments as well as other truck categories. What’s more, Premium Sporty Cars continued to defy almost all other car segments by outperforming the average car depreciation for nine weeks currently.

“Cars experienced marginal depreciation, similar to the Fourth of July holiday week trend last year, while Truck values showed the highest weekly decline for the year,” said Anil Goyal, Vice President of Automotive Valuation and Analytics.

•  Volume-weighted, overall car values decreased by 0.19% last week, in a comparable range to this time last year when the values decreased by 0.21% in a week.
• All car segments have declined in value for four consecutive weeks with the smallest decline since May 1^st.
• The Premium Sporty segment has outperformed the overall car average for nine straight weeks.
• Volume-weighted, overall truck values (led by CUV segments) decreased 0.36% last week, the largest decline since the week ending November 7, 2014. 
• For the first time since May 1^st, the overall weekly Truck group declined more than the overall Car group.
• The Compact SUV segment was the sole segment to increase for the past four weeks.

Specialty Market Highlights

“Late model collectible vehicles, including ‘true exotics’ and ‘near-exotics’, are sizzling at high end auctions this summer.  Savvy collectors are stepping up to the plate and buying quality vehicles that were formerly ‘too new’ to consider.” – Eric Lawrence on Collectibles

“The overall used RV market was mixed last month, with motor homes increasing in value, while towables decreased.  However, looking at historical trends, the results fall into place exactly as we would expect them to: for the past several years motor homes have increased in May, while towables have declined.  The volume of units sold at auction this month was off a bit, not surprising given that most dealers began to stock up on inventory starting in early Spring, and are now shopping primarily to replace units as they sell.” – Eric Lawrence on Recreational Vehicles

“The powersports market has likely hit its high point for the season; sport bikes and smaller displacement cruisers are hot, while personal watercraft and jet boats are surprisingly down a touch.” – Scott Yarbrough on the Powersports market

“For the used late model heavy duty trucks (2012-2013), depreciation basically doubled for each segment when compared with the previous month, while in the older group (2004-2011), over the road and regional tractors showed very slight depreciation with a combined drop of only $43.00 for the pair.  Depreciation for the older construction segment doubled when compared with last month, but it’s still the strongest segment of the experienced trucks, bringing in more money per unit.” – Charles Cathey on Heavy Duty Trucks

Click here to download the full report.