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 looks at more end-of-year trends with a focus on a handful of luxury segments, which are showing late-year heavy depreciation compared with other car segments. Compact SUVs are also showing heavy depreciation in the trucks category.
“Cars and trucks are experiencing greater depreciation than this same time last year,” said Anil Goyal, Vice President of Automotive Valuation and Analytics.
· Volume-weighted, overall car values decreased by 0.43% last week, one year ago they declined by 0.09%.
· Luxury Level Car saw the largest changes this past week with a -$218 or 1.15% decrease from last week.
· Volume-weighted, overall truck values decreased by 0.43% last week, one year ago they declined by 0.12%.
· Compact SUV saw the largest depreciation between all car and truck segments with -$281 or a 1.52% decrease from last week.
Click here to download the full report
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