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 that overall car values continued to face significantly higher depreciation compared with trucks, particularly luxury segments. However, the report also takes a look at the last three months of depreciation trends, which illustrates the large difference between many segments (from -1.3% to as high as -7.4%).

“Wholesale values of car segments declined faster, last week, led by luxury cars. Luxury crossover/SUV segments also experienced larger declines,” said Anil Goyal, Senior Vice President of Automotive Valuation and Analytics

·       Volume weighted, overall car segment values decreased by 0.77% last week, significantly higher than the average depreciation rate of 0.48% seen in the previous four weeks.

·       Luxury Car, Mid-Size Car and Near Luxury Car segments declined the most by 1.32%, 1.09% and 0.93%, respectively.

·       Volume-weighted, overall truck segment (including pickup, SUVs and vans) values decreased by 0.48% last week. This is higher than the average depreciation rate of 0.33% seen in the previous four weeks.

·       Compact Luxury Crossover/SUV, Mid-Size Luxury Crossover/SUV and Full-Size Luxury Crossover/SUV segments declined the most by 1.20%, 1.14% and 1.01%, respectively.

Individual vehicle segments experienced significantly different value trends over the last 3 months. Pickups saw the lowest depreciation, with less than 1.5%. On the other hand, Sub-Compact Cars, Compact Vans and Luxury Cars had the largest declines, more than 6.0%, during this period.

Click here to download the full report.