According to Black Book® data, the average price of a used vehicle for model years 2009-2013 declined -1.6% in June, compared with -1.2% in May. Domestic cars changed -2.8%; import cars changed -2.4%; domestic trucks changed -0.8%; and import trucks changed -1.0%. Average pre-recession annual depreciation was continually recorded between -15% and -18%, and Black Book expects 2015 depreciation near -14.5%.

Entry-Level Cars felt the strong post-tax season slump, falling -4.7% in value during June. Vehicles in this segment include the Chevrolet Aveo, Honda Fit, Kia Rio; Nissan Versa; and the Toyota Yaris. Vehicles in this segment finished the month with an average price of $8,180, a -21.5% change from a year ago ($10,425).

Compact SUVs saw the strongest price retention during June, finishing +0.8% on the month. Vehicles in this segment include the Jeep Wrangler and Nissan Xterra, and they finished the month with an average value of $25,808, a -2.4% change from year-ago levels ($26,435).

The top three vehicle segments with the largest depreciation during June were on the smaller car spectrum (Entry-Level Cars at -4.7%; Compact Cars at -3.9%; and Entry Mid-size Cars at -3.5%). Two of these three have also shown the greatest depreciation over the last twelve months (Entry-Level Cars at -21.5%; and Entry Mid-size Cars at -20.2%).

For the second-straight month, Premium Sporty Cars finished with the lowest depreciation among all car segments, dropping just -0.7% in June after being unchanged in May. Vehicles in this segment include the BMW 6-Series, Mercedes-Benz CL Class, Porsche Panamera, Audi S8/R8, and Cadillac XLR. Vehicles in this segment finished the month with an average segment price of $44,115, a -14.1% change from a year ago ($51,354).

“The disparity between car and truck depreciation has definitely shown itself over the last few months, driven largely by the hot demand for trucks throughout 2015,” said Anil Goyal, Vice President of Automotive Valuation and Analytics for Black Book. During the past three months, overall car segments have depreciated -4.7% while trucks have remained largely unchanged at just a -0.6% change.

Black Book® is best known in the automotive industry for providing timely, independent and accurate vehicle pricing information, and is available to industry-qualified users through online subscription products, mobile applications and licensing agreements. A leading provider since 1955, Black Book has continuously evolved to ensure that it achieves its goal of delivering mission-critical information to its customers, along with the insight necessary to successfully buy, sell, and lend. Black Book data is published daily by National Auto Research, a division of Hearst Business media, and the company maintains offices in Georgia, Florida, and Maryland.