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 end-of-year trends, which are showing the usual December slowdown in auction activity. The report also looks at broader depreciation patterns for the year across major segments, illustrating the disparity in depreciation between small cars and larger trucks.

“Depreciation rates start to stabilize across most segments as auction activity slows at this time of the year. Looking at YTD trends, smaller cars experienced a larger percentage drop than larger cars this year, driven by higher used supply but lower demand due to low gas prices,” said Anil Goyal, Vice President of Automotive Valuation and Analytics.

• Volume-weighted, overall car values decreased by 0.43% last week. This is lower than the average depreciation rate of 0.66% seen in the previous eight weeks.
• Car segments that showed the highest declines last week include Prestige Luxury Car, Full-Size Car and Sporty Car, declining by 0.92%, 0.75% and 0.59%, respectively.
• Volume-weighted, overall truck values decreased by 0.47% last week. This is lower than the average depreciation rate of 0.59% seen in the previous eight weeks.
• Vans declined the most last week in truck segments with Mini Van Cargo, Full-Size Cargo Van and Full-Size Passenger Van, declining by 1.90%, 1.28% and 1.28%, respectively.

Click here to download the full report