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 continues to show that both car and truck segments are experiencing larger depreciation in early 2016 compared to the same time last year. Trucks of course are showing more depreciation resilience than cars, with the exception of Full Size Luxury Utilities and Full Size Vans.

“Mid-Size Cars and Sub-Compact Crossovers showed slight increases in prices, indicating consumer demand for these segments in this tax season over other segments,” said Anil Goyal, Vice President of Automotive Valuation and Analytics.

• Volume-weighted, overall car values decreased by -0.23% last week. In YOY comparison, the car values increased by +0.02% in a week this time last year.
• Mid-Size Car, Compact Car and Sub-Compact Car segments performed the best, changing by +0.04%,   -0.13% and -0.19%, respectively.
• Volume-weighted, overall truck values decreased by -0.31% last week. In YOY comparison, the truck values decreased by only -0.02% in a week this time last year.
• Sub-Compact Crossover and Compact Van segments performed the best, changing by +0.33% and +0.09%, respectively.

Specialty Market Report

Collectible Cars: It’s been a very busy few months on the vintage auction front:  in addition to Mecum’s huge Kissimmee sale, we had six auctions in Scottsdale and three in Paris at Retromobile.  Although some of the sales totals were not as high as last year, they were still very impressive and there was widespread interest among serious collectors.

Recreational Vehicles: Normally by this time of the year we’re seeing more RVs being sold at the auctions and higher transaction prices, but the recent bad weather had the dual effects of snarling the usual wholesale channels and delaying many consumers from entering the marketplace, which naturally trickled down to less aggressive buying from dealers.

Powersports: Values in the Powersports Market have increased this month in advance of the upcoming Spring selling season.  This is a welcome change from the weak performance we have seen over the winter.

Heavy Duty: Depreciation in February dropped for all Medium Duty and Heavy Duty Segments.

Medium Duty: In the Medium Duty market, the amount of declined was about half of what it was in January.

Click here to download the full report