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 shows where the tax season momentum still has not picked up, especially for smaller car segments. What’s more, the report shows a comparison on several car segments and looks at February depreciation trends for this year against 2015 patterns.

“The used vehicle market continued to decline at a steady pace, not showing signs of any tax refund season strength yet,” said Anil Goyal, Vice President of Automotive Valuation and Analytics.

• Volume-weighted, overall car values decreased by 0.53% last week. This is higher than the average depreciation rate of 0.38% seen in the previous eight weeks.
• Sub-Compact Car and Compact Car segments declined the most in value by 1.06% and 1.07%, respectively.
• Volume-weighted, overall truck values decreased by 0.42% last week. This is slightly higher than the average depreciation rate of 0.39% seen in the previous eight weeks.
• Small Pickup and Compact Luxury Crossover/SUV segments declined the most by 1.19% and 0.82%, respectively.

Click here to download the full report